ACV or RC for CGL Property Damage Claims?
IA Magazine - Apr 24, 2025
A contractor with an ISO commercial general liability policy experienced a property damage claim. The carrier says it owes the actual cash value (ACV) for repairs but the agent believes the carrier owes the full cost to repair....
Recommended Articles
Posted: May 11, 2025
Coverage allows small business owners with multiple locations to easily secure coverage through a si...
Posted: May 11, 2025
Agents play an important role in working as trusted advisors to provide reliable and tailored covera...
Posted: May 11, 2025
The first quarter of 2025 saw the number of mergers & acquisitions decline 15% to 141, down from 166...