Insured Makes Sufficient Claim For Actual Cash Value Payment

November 16, 2023
Tred R. Eyerly - Insurance Law Hawaii

The court denied, in part, the insurer's motion for summary judgment that argued the insured made an insufficient showing of entitlement to Actual Cash Value (ACV) payments under the policy. RR Restoration, LLC v. Empire Indem. Ins. Co., 2023 U.S. Dist. LEXIS 129388 (M.D. Fla. July 16, 2023).

Amblewood Condominium suffered damage from Hurricane Irma. Amblewood held a property policy with Empire that covered nine buildings, which with a separate insurance limit, premium and deductible.

Mr. Eyerly may be contacted at te@hawaiilawyer.com



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