Mitigating the effects of catastrophic events on personal and business landscapes.
Our firm has considerable experience advising and litigating on a myriad of first-party property coverage issues, such as:
- All-risk
- Inland marine
- Commercial crime
- Equipment breakdown
- Business income/extra expense and service interruption
We counsel on the claims resolution and valuation issues presented by property insurance claims, whether isolated events affecting individual policyholders or catastrophic loss scenarios.
Business income and extra expense claims often involve challenging coverage, causation and valuation issues, and the firm frequently advises clients every step of the way in the adjustment of these claims. In addition to providing coverage advice to clients, the firm also assists clients with respect to:
- Appraisal
- Investigation of claims
- Communications/negotiations with policyholders
- Examinations under oath
- Matters relating to proofs of loss
- Drafting policy forms and endorsements
- Litigation of claims that cannot otherwise be resolved
EXPERIENCE
Representative First Party Property matters include:
- Advising insurer regarding complex, sizable contingent business income and extra expense claim arising out of alleged damage to property of insured’s foreign supplier, resolved with no payment by insurer.
- Obtaining jury verdict and multi-million dollar judgment on behalf of insurer for insurance fraud by policyholder arising out of fire loss in textile business in California, and obtaining restitution order in companion criminal proceedings.
- Assisting with investigation and valuation of claim involving string of employee thefts at insured hotel, evaluation of related coverage issues.
- Advising insurer regarding coverage issues presented by sizable equipment breakdown claim involving both property damage and time element losses sustained by insured testing facility, enabling favorable resolution.
- Assisting with appraisal of product spoilage claim involving complicated valuation issues.
- Assisting with negotiation of settlement of claim involving alleged partial collapse of large office building in metropolitan area, which posed life safety issues.