Judge: Fact Issues Exist On Insurer’s Failure To Supplement Payment For Repair Costs

Mealey's (December 30, 2016, 1:05 PM EST) -- PORTLAND, Ore. — An issue of material fact exists as to whether an insurer’s alleged failure to supplement an actual cash value (ACV) payment prevented homeowners from contracting for repairs to fix water damage, an Oregon federal judge ruled Dec. 20 (Kenneth and Sarah Matchniff v. Great Northwest Insurance Co., No. 15-00193, D. Ore.; 2016 U.S. Dist. LEXIS 177136)....