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An Impartial Appraisal Of Insurance Policy Requirements
The decision also examined whether an appraiser must necessarily retain outside experts to support its determination of loss, finding that it need not do so.
April 12, 2012
Law360, New York (April 12, 2012, 2:21 PM ET) -- The U.S. District Court of the Southern District of Texas recently weighed in on the "impartiality" requirement for first-party property policy appraisers.[1] The insured sought to vacate an award based on past business relationships between the employers of a party appraiser and the umpire. The court held that such a relationship, without more, does not constitute bias.
All Content © 2003-2012, Portfolio Media, Inc.
The articles on our website include some of the publications and papers authored by our attorneys, both before and after they joined our firm. The content of these articles should not be taken as legal advice. The views and opinions expressed in this article are those of the author(s) and do not necessarily reflect the views or official position of Robins Kaplan LLP.
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