Litigation Lounge

Join Rachel, your host, and Arnold, an insurance appraisal expert, as they delve into the complex world of insurance appraisals in today's episode, titled "Navigating Appraisal Awards: Lessons from a Recent Court Case". Arnold brings his deep expertise to the table, discussing a recent court case where a policyholder contested an appraisal award from the Insurance Appraisal and Umpire Association (IAUA). The duo dissects the key elements of this case, shedding light on critical lessons for appraisers, umpires, and public adjusters. Listen in as Arnold explains why liability insurance is a must for appraisers and umpires, and why public adjusters should be cautious when advising on litigation versus appraisal. Rachel and Arnold also touch upon the final court verdict, highlighting the binding nature of most appraisal awards and the circumstances under which they could be overturned. This podcast is a treasure trove of information for anyone involved in the insurance appraisal process or simply interested in understanding the dynamics of insurance appraisals and court rulings. Stay tuned for more episodes on similar topics!