When Is A Party Appointed Appraiser Disinterested
Florida Insurance Guaranty Association v. Branco and limits on who parties can appoint as their disinterested appraiser for loss disputes.
October 21, 2014
Law360, New York (October 21, 2014) -- Most property insurance policies contain a provision that allows either the insurer or the insured to demand appraisal when the parties fail to agree on the amount of a loss. Appraisal provisions generally require each party to select a "competent and disinterested" appraiser, who in turn selects a "competent and disinterested" umpire. Together, the appraisal panel determines the amount of the insured’s loss — they do not determine coverage or interpret the policy.
All Content © 2003‐2014, 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.
If you are interested in having us represent you, you should call us so we can determine whether the matter is one for which we are willing or able to accept professional responsibility. We will not make this determination by e-mail communication. The telephone numbers and addresses for our offices are listed on this page. We reserve the right to decline any representation. We may be required to decline representation if it would create a conflict of interest with our other clients.
By accepting these terms, you are confirming that you have read and understood this important notice.