Month: August 2021

SURVEY OF STATE LAW ON ENFORCEABILITY OF ANTI-CONCURRENT CAUSATION CLAUSES

State ACC Clauses Enforced? Authority AL Yes State Farm Fire & Cas. Co. v. Slade, 747 So.2d 293 (Ala. 1999) AK Yes State Farm Fire and Cas. Co. v. Bongen, 925 P.2d 1042 (Alaska 1996) AZ Yes (except fire policies) Millar v. State Farm Fire and Cas. Co., 804 P.2d 822 (Ariz. Ct. App. 1990); …

SURVEY OF STATE LAW ON ENFORCEABILITY OF ANTI-CONCURRENT CAUSATION CLAUSES Read More »

SURVEY OF STATE LAW ON DEPRECIATION OF LABOR IN DETERMINATION OF ACTUAL CASH VALUE

Depreciation of Labor

Alabama – Maybe – Where an insurance policy defined actual cash value as replacement cost less an allowance for physical deterioration and depreciation, including obsolescence, depreciation of labor was permitted. See Ware v. Metropolitan Prop. & Cas. Ins. Co., 220 F.Supp.3d 1288 (M.D.Ala. 2016). However, in Arnold v. State Farm Fire & Cas. Co., 2017 …

SURVEY OF STATE LAW ON DEPRECIATION OF LABOR IN DETERMINATION OF ACTUAL CASH VALUE Read More »