Daily Archives: March 15, 2011

Consequential Damages Recovered for Insurer’s Bad Faith

Plaintiffs’ home was damaged by a fire. Based on the fire damage and mold, it was determined that the entire dwelling should be gutted. Plaintiffs rejected the insurance company’s (Defendant) offer of $575,000 and demanded an appraisal which estimated the cost at over $1 million. A referee determined the cost to be $832,982, which the […]