by Russ Lis | Jun 24, 2026 | Insurance Carrier Perspective
Reserves generally refer to the funds an insurance carrier sets aside to cover the estimated cost of an open claim, and managing these reserves appropriately during an ongoing appraisal is a routine part of the carrier’s internal claims process. While a...
by Russ Lis | Jun 22, 2026 | Insurance Carrier Perspective
When an insurance carrier is party to an appraisal, it generally follows a similar process to a policyholder in selecting its own appraiser, choosing someone qualified and disinterested to represent an independent evaluation of the loss. Carriers often look for...
by Russ Lis | Jun 20, 2026 | Insurance Carrier Perspective
Insurance carriers sometimes prefer appraisal over litigation for resolving a disputed claim amount, and understanding the general reasons behind this preference can provide useful context on the process. Appraisal is typically faster than litigation, which can...
by Russ Lis | Jun 17, 2026 | Insurance Carrier Perspective
Insurance carriers generally view the appraisal process as a useful, well established tool for resolving disagreements over the dollar amount of a covered loss, separate from broader claims handling or coverage questions. Because appraisal clauses appear in many...