ACV or RC for CGL Property Damage Claims?

Share!

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....

Read Full Article

Recommended Articles

Look Out for the New and Improved Independent Agent Magazine

Posted: Jun 11, 2025

On Saturday, Independent Agent magazine is getting a makeover. With updated design and improved navi...

Big ā€˜I’ Advocates for Agents as Lawmakers Review Consumer Data Privacy Laws

Posted: Jun 11, 2025

The Big ā€œI" submitted comments in response to a data privacy request for information highlighting ke...

License to Lead: Meet Young Agent Brooke Stout

Posted: Jun 10, 2025

"Previous generations bring vast amounts of knowledge and experience and new generations have great...