Sproull v. State Farm Fire and Casualty Co.
Illinois Supreme Court
1Opinion of the Court
2021 IL 126446
IN THE SUPREME COURT OF THE STATE OF ILLINOIS (Docket No. 126446) JARRET SPROULL, Appellee, v. STATE FARM FIRE AND CASUALTY COMPANY, Appellant. Opinion filed September 23, 2021. JUSTICE MICHAEL J. BURKE delivered the judgment of the court, with opinion. Chief Justice Anne M. Burke and Justices Garman, Neville, Overstreet, and Carter concurred in the judgment and opinion. Justice Theis took no part in the decision. OPINION ¶1 At issue is whether an insurer may depreciate labor costs in determining the “actual cash value” (ACV) of a covered loss when a homeowner’s policy does not…
2Cases cited26 opinions
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- Founders Insurance v. MunozIllinois Supreme Court · 2010
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