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Amicus Library

Depreciation
Stanford Weiner and Irene Weiner v. United Property and Casualty Ins. Co.
Year: 2023
Court: Florida 4th District Court of Appeal
Case Number: 4D22-2413
Issue:
  • Depreciation
State:
  • Florida

In its amicus curiae brief, United Policyholders argues that “actual cash value” payments should include the depreciated value of undamaged property to be replaced under Florida’s matching statute.

Butler v. The Travelers Home & Marine Ins Co et. al.
Year: 2021
Court: United States District Court for the District of South Carolina
Case Number: 2020-001285
Issue:
  • Depreciation
State:
  • South Carolina

In its brief, UP presents this question to the Court: “When a homeowners’ insurance policy does not define the term “actual cash value,” may an insurer depreciate the cost of labor in determining the “actual cash value” of a covered loss when the estimated cost…

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