Appraisal Whiplash: Court Rules You Can’t Back Out Once You’re In
Property Insurance Coverage Law
NOVEMBER 16, 2024
The recent Oregon federal court decision in Wilson v. Liberty Insurance Corporation serves as a stark reminder that invoking appraisal may be a one-way street with no turning off or around allowed. 1 The case offers important lessons for policyholders, insurers, and their representatives about the binding nature of appraisal provisions once triggered.
Let's personalize your content