Insured’s Expert Fails To Show Appraisal Award Was Fraudulent, Judge Concludes

(May 10, 2016, 10:06 AM EDT) -- JACKSON, Miss. — An insured’s expert fails to present supporting documentation that an appraisal award for destroyed contents in a warehouse fire was “grossly inadequate or excessive as to amount to a fraud in effect,” a Mississippi federal judge ruled May 6, excluding the testimony and granting summary judgment to an insurer (Michael McElroy Sr., et al. v. Evanston Insurance Co., No. 14-180, S.D. Miss.; 2016 U.S. Dist. LEXIS 60501).

(Order available. Document #30-160513-023R.)

Michael McElroy Sr., is the trustee of the Michael and Matthew Brothers...
To view the full article, register now.