Denials and delays with Superstorm Sandy commercial claims are "as inevitable as death and taxes," an attorney says, noting that Sandy is a complicated loss event, requiring policyholders to be proactive.
"You have to be prepared for delays and denials," said Finley T. Harckham, an attorney with Anderson Kill & Olick during the firm's 2nd annual policyholder conference on Property Damage and Business Interruption Losses held here last Tuesday.
Harckham said commercial policyholders must take control of their claims and actively work with their broker and the insurer.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
