Download - CLM Atlanta 2013_v2
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RESPONDING TO LARGE LOSS CLAIMS
A claims, expert, and counsel perspective
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Claim Example #1
The Marina Fire
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Vessel Fire Spreads to Multiple Yachts at Miami Beach Marina
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• Over $5 million in total damage• 5 yachts burned- 3 were constructive total loss• PD to the marina• Personal injury to occupants
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Claim Example #1
• You receive notice from your insured immediately following loss
• Your insured is the primary cause of the loss & causes additional loss to third parties
• Your team controls the majority of the scene & leads all inspections
• Potential liability & potential recovery
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• Perform preliminary non-destructive inspection:• Conduct interviews. What was damaged? What work was performed by my
insured prior to the reported incidents
• Preserve the evidence: • (e.g. Wrapping, transporting, & storing)
• Identify and place all parties involved on notice: • Propose/Confirm inspection of evidence dates to all parties involved.
• Establish protocol for joint inspection: • Include date, start/end time, location, number of days and agreed upon rules.• Confirm protocol with all parties. • Confirm Laboratory work (X-rays, SEM, ultrasound)
• Conduct inspection and reiterate ground rules. • Maintain inspection’s pace unless there are objections. Secure evidence after
inspection until further notice. Report observations to client.
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Claim Example #2
The Fuel Farm Fire
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Sudden Pump Line Explosion Causes Massive Jet Fuel Fire
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• $6 million in PD• 70,000 lost Grade A Jet Fuel• 162 cancelled flights• Over $20 million in business interruption claimed
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Claim Example #2
• You receive notice from another party after passage of some time
• Your insured likely “nominal party”• Not immediate cause of loss, but may have
collateral contribution• Your team does not control the scene
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• Find out what was damaged and what work was performed by my insured prior to the reported incident
• Review the protocol that was sent out and address any issues I may have with the wording
• Confirm my attendance and attend the joint inspection of evidence. Gather as much information as possible
• Determine who the other parties are and try to obtain information from them
• Request a list of the items that were collected as evidence• Request that part of the evidence be retained/secured if it will
help in my investigation.• Be careful not to reveal your findings to the other parties• Report observations to the client or write a report
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Crane Collapse at Port of Jacksonville
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