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Liberty Mutual Personal Insurance Depreciation of Labor Texas Complaint

May 26, 2022

This class action brings suit against Liberty Mutual Personal Insurance Company (LMPIC), alleging that in calculating actual cash value (ACV) for damage to property, it should not depreciate labor costs. The complaint is careful to state that it is objecting to the depreciation of “future labor, yet to be incurred…”

Case Event File: Liberty Mutual Personal Insurance Depreciation of Labor Texas Complaint

Related to: Liberty Mutual Personal Insurance Depreciation of Labor Texas Class Action