Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.
Cases in numerous states mandate coverage for post-repair diminution of value under automobile policies. See, e.g., MFA Ins. Co. v. Citizens Nat. Bank of Hope, 545 S.W.2d 70 (Ark. 1977) (“the proper measure of damages was the difference in the value before it was wrecked and the value after it was wrecked, repaired, and tendered to the insured”); Venable v. Imp. Volkswagen, Inc., 519 P.2d 667 (Kan. 1974); Potomac Ins. Co. v. Wilkinson, 57 So. 2d 158 (Miss. 1952); Dunmire Motor Co. v. Oregon Mut. Fire Ins. Co., 114 P.2d 1005 (Or. 1941); Ciresi v. Globe & Rutgers Fire Ins. Co., 244 N.W. 688 (Minn. 1932); Edwards v. Maryland Motorcar Ins. Co., 197 N.Y.S. 460 (N.Y. App. Div. 1922); Hyden v. Farmers Ins. Exch., 20 P.3d 1222 (Colo. Ct. App. 2000). But few mandate such coverage under commercial property policies not covering automobiles.
In Royal Capital Development, LLC v. Maryland Cas. Co., 728 S.E.2d 234 (Ga. 2012), the Georgia Supreme Court recently announced that commercial property insurance policies governed by Georgia law provide coverage for post-repair diminution in value damages. This case generally stands in contrast to the earlier holdings of courts in other states, which had held that post-repair diminution in value damages are not covered under commercial property policies. Because few courts have addressed this issue at all, the holding of Royal Capital Development may prove significant.
ENJOY UNLIMITED ACCESS TO THE SINGLE SOURCE OF OBJECTIVE LEGAL ANALYSIS, PRACTICAL INSIGHTS, AND NEWS IN ENTERTAINMENT LAW.
Already a have an account? Sign In Now Log In Now
For enterprise-wide or corporate acess, please contact Customer Service at [email protected] or 877-256-2473
On Aug. 9, 2023, Gov. Kathy Hochul introduced New York's inaugural comprehensive cybersecurity strategy. In sum, the plan aims to update government networks, bolster county-level digital defenses, and regulate critical infrastructure.
A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.
Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
When we consider how the use of AI affects legal PR and communications, we have to look at it as an industrywide global phenomenon. A recent online conference provided an overview of the latest AI trends in public relations, and specifically, the impact of AI on communications. Here are some of the key points and takeaways from several of the speakers, who provided current best practices, tips, concerns and case studies.