Although the value of a third-party liability insurance claim often can be determined in a straightforward way by simply adding the amount of a judgment or settlement to the costs of defending the claim, the amount of a first-party insurance claim ' for example, a property claim ' may be subject to varying valuation approaches.
<i>In the Spotlight:</i> The Diminishing Value of Depreciation Defenses
Although the value of a third-party liability insurance claim often can be determined in a straightforward way by simply adding the amount of a judgment or settlement to the costs of defending the claim, the amount of a first-party insurance claim may be subject to varying valuation approaches. .
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Paul A. Rose And Elizabeth E. CollinsThis premium content is locked for LawJournalNewsletters subscribers only
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