Many of the questions coming to FC&S deal with whether or not overhead and profit (O&P) should be paid on a loss when less than three trades are involved. Others deal with whether O&P should be deleted in its entirety from an actual cash value settlement under a replacement cost policy. Still others have different twists, but all of them focus on insurer guidelines for how O&P should be treated when adjusting claims.
For example, a Wisconsin subscriber phrases it this way:
I have studied case law until I am blue. This is a question about the present view of the courts regarding overhead and profit due a general contractor. Is a true GC entitled to O&P if more than three trades are involved? I have a number of adjuster scopes that include it in the homeowner's scope of damages and I have many that do not include it in the same situation, maybe homes on the same street.
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