Colo. High Court Poised To Shape Appraiser Bias Battles
By Jeff Sistrunk (February 21, 2018, 9:15 PM EST) -- Colorado's high court is set to decide the standard for whether an insurance appraiser is impartial, a ruling that will lay the guidance for future litigation over whether an appraiser's conduct showed bias.
In a Tuesday news release, the Colorado Supreme Court said it had agreed to tackle Owners Insurance Co.'s challenge of a $3 million appraisal award to the owner of a Denver-area condominium complex, Dakota Station II Condominium Association Inc., for hail damage. A panel of the state Court of Appeals left the award intact last July after rejecting Owners' assertion that the appraiser who prepared Dakota's damages estimates...
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