Posts by McWherter Scott & Bobbitt

The highest court in Tennessee ruled unanimously in favor of the policyholders on Monday April 15, 2019 when it ruled that insurance companies may not depreciate labor when calculating actual cash value.  On a certified question from the U.S. District Court for the Middle District of Tennessee in the case of Gregory J. Lammert, et…

Claims and lawsuits against property managers are a common occurrence. As the owner of a property management company, failing to have the proper insurance protection in place can leave you and your business exposed to unnecessary financial risk. As well, your clients are relying on you to carry the proper insurance to protect their assets.…

Over the next few months, insurance experts and policyholders should pay attention to some key decisions expected by the courts. Several rulings set to come out over the next few months include decisions on insurance bad faith, coverage for data breaches, interpretation of computer fraud provisions, and settling a dispute over covering asbestos-related injuries. Some…

Utilizing the services of an experienced local appraiser is very important when you are purchasing commercial real estate. An appraiser’s job is to perform a market analysis on the property to arrive at its appraised value. This appraisal value reflects the property’s condition and the current market – all of which can help you make…

You’ve been staring at that ugly Formica countertop since you bought this house and it’s finally time to do something about it. Maybe the roof shingles are on their last legs, and it’s time to replace them once and for all. Perhaps a surprise bonus from work means the inground pool your family has dreamed…