Sproull v. State Farm Fire and Casualty Co.
Excerpt
**Sproull v. State Farm Fire and Casualty Co.**
Cite: 184 N.E.3d 203; 451 Ill. Dec. 616; 2021 IL 126446
Court: Illinois Supreme Court
Filed: 2021-09-23T00:00:00-07:00
URL: https://www.courtlistener.com/opinion/5299384/sproull-v-state-farm-fire-and-casualty-co/
complaint for failure to state a claim and argued that its method of calculating ACV complied with Illinois law. The trial court denied the motion but agreed to certify the following question for interlocutory review: “Where Illinois’ insurance regulations provide that the ‘actual cash value’ or ‘ACV’ of an insured, damaged structure is determined as ‘replacement cost of property at time of loss less depreciation, if any,’ and the poli…
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