March Madness carries over into April… Your Appraisal in MA Redefined

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Regarding property insurance, appraisal is a commonly used procedure to resolve disagreements over the amount of a loss. However in Massachusetts, with claims under fire insurance policies it is referred to as a “reference proceeding.” This provides that a panel of 3 arbitrators determines the amount of loss or damage.1 Think of the panel as two referees and an ...

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