Insurance – Fire Loss – Business Interruption – Statutory Appraisal – Arbitration
By Deborah Elkins
Published: August 19, 2008
When an insulation plant squared off against its insurance carrier on a claim for business interruption loss after a fire, each side’s complaints about the other’s “disinterested” loss appraiser under Va. Code § 38.2-2105 cancelled each other out, and an Alexandria U.S. District Court rejects denies cross-motions to disqualify both independent experts.
Tiger Fibers LLC v. Aspen Specialty Ins. Co. (Ellis, J.) No. 1:07cv1106, Aug. 15, 2008; USDC at Alexandria, Va. VLW 008-3-316, 11 pp.
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