"When defendant calculated plaintiffs' [actual cash value] benefits under the [policy], defendant withheld costs for both the materials and labor required to repair or replace the plaintiffs' residence as depreciation, even though labor does not depreciate in value over time," the complaint said. "Defendant withheld labor costs through its actual cash value calculations as depreciation." (Credit: brizmaker/Shutterstock)
The plaintiffs are represented by Michael C. Conroy of Hassett & George, J. Brandon McWherter of McWherter Scott & Bobbitt, Erik D. Peterson of Erik Peterson Law Offices, and T. Joseph Snodgrass of Snodgrass Law.
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