Reinsurance Law Blog

Reinsurance Law Blog

Tag Archives: appraisal

No bad faith for delay in appraisal where there were coverage issues — 10th Cir Oklahoma

Posted in Insurance Bad Faith
This is the second case involving Hayes Family Trust v. State Farm Fire & Casualty.  The first case, involving the appraisal process, is discussed here.  In this case, the policyholder claimed that State Farm acted in bad faith when it delayed the appraisal process because of coverage issues and when it failed to adequately investigate… Continue Reading

Appraisal process, prevailing party, attorneys fees — 10th Circuit, Oklahoma

Posted in Contractual Liability
In re: Hayes Family Trust v. State Farm Fire & Cas. Co., involved a property damage claim where the policyholder invoked the appraisal process after the parties could not agree on the amount of the loss. The policy establishes a procedure whereby each party selects an impartial appraiser; the appraisers then select an impartial umpire.… Continue Reading

Appraisal, arbitration, and federal appellate jurisdiction 10th Circuit; Colorado

Posted in Contractual Liability
In KCOM v. Employers Mutual Casualty, KCOM had hail damage to its motel roof.  Employers disputed the amount of the claim. KCOM sought appraisal, and then sued Employers before the appraisal was complete.  When the appraisal was complete, Employers wanted it confirmed by the trial court. When the trial court did not confirm the appraisal,… Continue Reading
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