Missouri Archives - United Policyholders

Labor Depreciation

Missouri

Building owners purchase property insurance to protect themselves if their property is damaged by fire, hail, tornadoes, or other often catastrophic events. In the case of homeowners, adequate payment of insurance policy benefits is often what stands between them and homelessness after a disaster. Insurers…

The Doe Run Resources Corp. v. American Guarantee and Liability Insurance Co. et al

Year: 2017

Court: Missouri Supreme Court

Case Number: No. SC96107

Issue:

Contract Interpretation
Duty to Defend

State:

Missouri

Insurance companies have the burden to draft express and clear exclusions when they desire to limit the coverage they sell to their policyholders. Pollution exclusions in particular must be clear and unambiguous. These exclusions have caused an enormous amount of litigation and confusion in the…

Labrier v. State Farm Fire and Cas. Co.

Year: 2016

Court: U.S. Court of Appeals, 8th Circuit

Case Number: 16-3185/16-3562

Issue:

Labor Depreciation

State:

Missouri

Depreciation of labor in an actual cash value payment is fundamentally at odds with the the purpose of insurance – to indemnify the policyholder in case of a loss. Physical components such as shingles, for example, do lose integrity and value over time due to…