Should A Court Or An Umpire Decide What Caused A Loss in Appraisal?

PEOPLE’S TRUST INSURANCE COMPANY, Appellant, v. ANDREA TRACEY and JAMES TRACEY, Appellees. First, lets explore different appraisal clause language by different carriers. Most carriers have moved toward language requiring both the insurer and the insured agree to go to appraisal. Other appraisal clauses that have common language that states, “Appraisal. If you and we fail…