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Home / Opinion Digests / Insurance – Fire Loss – Business Interruption – Statutory Appraisal – Arbitration (access required)

Insurance – Fire Loss – Business Interruption – Statutory Appraisal – Arbitration (access required)

When an insulation plant squared off against its insurance carrier on a claim for business interruption loss after a fire at the Lawrenceville, Va. plant, 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 denies cross-motions to disqualify the independent ...