The option to take actual cash value instead of replacement cost, with claiming replacement cost within 180 days of the date of loss, is a conscious decision by the insured.
Often, plaintiffs win awards of actual, compensatory and punitive damages, but it may mean another court battle to have the punitive damages covered by insurance.
Often, plaintiffs win awards of actual, compensatory and punitive damages, but it may mean another court battle to have the punitive damages covered by insurance.
A new survey conducted on behalf of the PCI has found that more Americans consider using social media and texting to be more dangerous while driving than being under the influence of marijuana.
What factors do courts look at to determine when an insurance carrier's conduct is reprehensible enough to justify an award of damages based on bad faith?