Scott P. DeVries and Yosef Itkin | Hunton Insurance Recovery Blog Business loss is not limited to fire or smoke damage to its own property – it often arises from damage to the supply chain. In this post in the Blog’s Wildfire Insurance Coverage Series, we look at what coverage may exist when wildfire damages… Continue reading Wildfire Insurance Coverage Series, Part 4: Coverage for Supply Chain Related Losses
Month: August 2022
Wildfire Insurance Coverage Series, Part 5: Valuation of Loss, Sublimits, and Amount of Potential Recovery
Scott P. DeVries and Yosef Itkin | Hunton Insurance Recovery Blog Insurance policies provide different levels of insurance coverage and even if the amount purchased was adequate at one time, developments over time (e.g., inflation, upgrades, regulatory changes and surge pricing) may leave the policyholder underinsured. In this post in the Blog’s Wildfire Insurance Coverage… Continue reading Wildfire Insurance Coverage Series, Part 5: Valuation of Loss, Sublimits, and Amount of Potential Recovery
Wildfire Insurance Coverage Series, Part 6: Ensuring Availability of Insurance and State Regulations
Scott P. DeVries and Yosef Itkin | Hunton Insurance Recovery Blog Because of the potential exposure associated with wildfires, many insurers have attempted to withdraw from the property coverage market in various states. In this post in the Blog’s Wildfire Insurance Coverage Series, we discuss the challenges businesses and individuals face in obtaining wildfire insurance… Continue reading Wildfire Insurance Coverage Series, Part 6: Ensuring Availability of Insurance and State Regulations
Wildfire Insurance Coverage Series, Part 7: How to Successfully Prepare, Submit and Negotiate the Claim
Scott P. DeVries and Yosef Itkin | Hunton Andrews Kurth Prior posts in this series have discussed insurance coverage issues that pertain directly to wildfire claims, but we have not yet addressed how one proceeds following a loss. In this post in the Blog’s Wildfire Insurance Coverage Series, we discuss the preparation, submission and negotiation… Continue reading Wildfire Insurance Coverage Series, Part 7: How to Successfully Prepare, Submit and Negotiate the Claim
The Proper and Ethical Role of an Insurance Appraiser and Umpire
Advise & Consult For many of you reading this, the roles of an insurance appraiser and an umpire sound pretty straight forward, but we will see that this isn’t necessarily so. One could say that the appraisers role to be to determine the amount of the loss. Here is what the standard appraisal clause states:… Continue reading The Proper and Ethical Role of an Insurance Appraiser and Umpire