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    Class Action Filed Against the Association of Insurance Companies and Shidurit Alleging Illegal Use of the “Decisive Appraiser” Mechanism Contrary to Regulatory Guidelines

    According to the guidelines, an insurer that intends to appeal an initial damage assessment conducted by an external appraiser on its behalf must do so within one business day if the claim is based on a repair estimate, and within seven days if it is based on a finalized appraisal * The petition claims that policyholders are unaware that they suffered financial harm due to insurers’ failure to meet these deadlines * Shidurit states that it does not charge callers for the service and is not a party to any financial transactions with them
    EditorialBy 05 Mins Read