Real Estate

Florida Justices Set To Tackle ‘Disinterested’ Appraiser Debate


By Shawn Rice (January 14, 2022, 11:54 AM EST) — The Florida high court recently agreed to address what it means for an appraiser to be “disinterested,” in a case that will impact who can be hired by policyholders as part of the often-contentious insurance appraisal process in the Sunshine State.

The appraisal process — as required by some insurance policies — is designed to obtain swift resolution of the value of a loss when a policyholder and the insurer can’t agree on that estimate. However, clashes over the neutrality of the appraisers involved are a growing problem, as observers say this lack of bias on appraisers’ part is essential to…

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