News & Analysis as of

Property Damage Valuation

JUSTICENTER

Diminished Value Claims in California: Recovering Losses After a Car Accident

JUSTICENTER on

If your vehicle has been in a car accident, that damage will likely appear in vehicle history reports. Most buyers today use these reports, such as CarFax, to learn more about how the vehicle was used and maintained by...more

J.S. Held

Builder’s Risk: Complexities in Insuring Existing Structures

J.S. Held on

Property insurance for projects under construction can be significantly complex. Insuring renovation projects under a builder’s risk policy will often require more care in crafting a policy that provides adequate protection....more

J.S. Held

Understanding Indoor Mold Growth: Estimating Time of Mold Growth

J.S. Held on

Mold growth on surfaces indicates that moisture is, or has been, present in an indoor environment. Direct microscopic examination (by a mycologist) is the primary method to determine whether mold or other fungi have grown on...more

J.S. Held

Appraisal Guidelines for Useful Results (Third Edition)

J.S. Held on

“Appraisal” is a procedure typically mandated by state law or outlined in an insurance policy. Appraisal is a dispute resolution procedure intended to provide insurers and policyholders with a method to award the measurement...more

Hogan Lovells

Japanese knotweed: have your say

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Following the Court of Appeal decision in Network Rail Infrastructure Limited v Williams and Waistell, Parliament is digging deeper to untangle the effect of Japanese knotweed on the built environment. ...more

Farella Braun + Martel LLP

Insurance for Wildfires and Other Natural Disasters

It’s a good time to insulate your wine business against getting burned or shaken up in a disaster. The California wildfire season is well underway. Only a year ago, the Lake County fire destroyed hundreds of homes,...more

Saul Ewing Arnstein & Lehr LLP

Environmental Stigma Can Reduce Value of Property - Application of a 5 Percent “Standard” Stigma Devaluation for Contaminated...

In a case that will have an impact on the owners of property that has been devalued as a result of environmental conditions, the Pennsylvania Supreme Court recently agreed that contaminated real estate could be appraised at 5...more

Haight Brown & Bonesteel LLP

Appraisers’ Failure to Perform Assessment of Property’s Existence or Damage is Reversible Error

In Lee v. California Capital Insurance Co. (No. A136280; filed 6/18/15), a California Court of Appeal held that it was error for an appraisal panel to assign loss values to items simply because they were listed in the...more

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