Catastrophic Wildfires Recovery – Get the Most from Your Insurance Coverage

Gain an understanding of the complex insurance coverage and remediation issues arising from wildfire disasters, including property damage claims under commercial all-risk and homeowners insurance, valuation provisions like replacement cost and ACV, and time element coverages such as business income loss, civil authority coverage, and additional living expenses.

This webinar addresses a host of insurance coverage and remediation issues stemming from the wildfire disasters. It focuses on property damage and remediation under various forms of property insurance including commercial all-risk coverage and homeowners insurance. Speakers address coverage issues involving valuation provisions such as replacement cost coverage, ACV, and ordinance and law coverage grants and limitations.  Time element coverage is also addressed as it appears in provisions promising protection for business income losses, CBI, ingress and egress coverage, service interruption, civil authority coverage, and loss of use/additional living expenses coverage

The panel offers insights into the claims handling process, such as time sensitive clauses ranging from notice of claim to suit limitation provisions.  Claim investigation, adjustment, and forensic accounting aspects of property loss adjustment are also explained and commented on in detail. Policyholders and other stakeholders will benefit from insights on claim issues that arise in the context of largescale natural disasters, and steps policyholders – whether they are large organizations or individual homeowners – can take to position themselves for fair claim payments.  Additionally, the program outlines claim valuation and coverage dispute resolution options that may be available, as well as the potential for bad faith allegations.

Learning Objectives

Understand scope of coverage under commercial property and homeowners policies. Gain a clear perspective of what types of damages and losses are typically covered and time element protections for business interruption, civil authority, loss of use and other coverages that protect businesses and communities.

Learn to assess policy limitations. Learn to identify common and misunderstood limitations in insurance policies that may affect coverage for wildfire-related claims.

Know the recent case law. Review recent decisions that have shaped the current landscape of wildfire insurance coverage. Understand their implications for future claims.

Gain insights to better navigate the claims process. Acquire practical tips and strategies for effectively managing and negotiating insurance claims related to wildfire damage, including documentation, communication with insurers, and dispute resolution.

Understand how to preserve your rights. Addressing how to safeguard insurance and time sensitive fine print that is used to delay and void covered claims by the insurance industry, including notice of loss clauses, proofs of loss terms, suit limitation provisions and documenting cooperation and information flows during the claim adjustment process.

Better comprehend loss adjustment, claim investigation and reaching fair valuations. This speaker addresses the inevitable arguments insurance companies use to limit claim payment for PD losses and time element coverages such as business interruption, civil authority, ingress/egress, and contingent business interruption coverage. Learn how to utilize these coverages to maximize recoveries after a disaster.

Learn the value of public adjustors. This discussion will also address the efficient use of public adjustors to help policyholders prepare their claims and get a proper resolution of their reimbursement for covered losses.

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Speakers

Dennis J. Artese
Dennis J. ArteseShareholder, Anderson Kill P.C.
Dennis Artese is a shareholder in Anderson Kill's New York office and is chair of the firm’s Climate Change and Disaster Recovery practice group. Dennis has substantial experience in all phases of litigation, arbitration and property insurance appraisals, and has recovered hundreds of millions of dollars of insurance proceeds on behalf of policyholders in connection with a variety of property, builder's risk, commercial general liability, umbrella and excess liability, D&O, E&O, crime, and political risk insurance claims. He earned his B.A. at the University of Connecticut and his J.D., cum laude, at St. John’s University School of Law.
Marshall Gilinsky
Marshall GilinskyShareholder, Anderson Kill P.C.
Marshall Gilinsky is a shareholder at Anderson Kill's Boston office, focusing on Insurance Recovery and Commercial Litigation. Co-chair of the firm’s Sexual Harassment and Abuse Insurance Recovery Group and Sports, Media, and Entertainment Group, Marshall has recovered hundreds of millions of dollars for clients during his 20-year career. He has represented clients on complex insurance claims related to major losses, including 9/11, Hurricane Katrina, Superstorm Sandy, and Boston’s “Big Dig.” He represents a diverse range of policyholders in high-stakes disputes. Marshall earned his B.S. from Cornell University and his J.D., with honors, from The George Washington University Law School.
Joshua Gold
Joshua GoldShareholder, Anderson Kill P.C.
Joshua Gold is a shareholder in Anderson Kill's New York office and serves as chair of the Cyber Insurance Recovery Group and co-chair of the Marine Cargo Insurance Group. He has represented numerous corporate and non-profit policyholders in various industries, with recoveries for his clients well in excess of $1.5 billion. Josh's practice involves matters ranging from international arbitration, data security, directors and officers insurance, business income/property insurance, commercial crime insurance, admiralty, cargo, and marine insurance disputes. He earned his B.A. at the University of Massachusetts at Amherst and his J.D. at Benjamin N. Cardozo School of Law.