MCGILLOWAY V. SAFETY INSURANCE COMPANY (SJC 13043) (OCTOBER 19, 2021) (INHERENT DIMINISHED VALUE IN PROPERTY DAMAGE CLAIMS)
Officially released on October 19, 2021 Key Points: Class action lawsuit to determine if inherent diminished value (IDV) was compensable under part 4 of the Standard Massachusetts automobile insurance policy. The SJC determined that IDV damages are recoverable under part 4, however, a Plaintiff will