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Expert Analysis

The Next Big Wave Of Insurance Class Actions

Law360, New York (April 13, 2015, 10:57 AM EDT) -- The legal media has largely overlooked the next big wave of class actions against insurance companies, which is heating up in cases across the country. The issue is whether, when estimating the actual cash value of property damage under a homeowners' insurance policy, an insurer may apply depreciation to the labor component of the replacement cost estimate....

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