“ … Once The Cause Of The Fire Was Cleared Up, Brodsky & Associates Was Successful In Concluding The Final Settlement Of All Property And Business Interruption Claims In Excess Of $3 Million Within Three Months Of The Fire. “
SHOE MANUFACTURER - A 50,000 square foot manufacturing plant was completely destroyed by a fire of suspicious origin, which precipitated the insurance companys arson investigation; moreover the fire alarm system did not function properly. Brodsky & Associates’ experience in dealing with incendiary-related fires, immediately caused us to engage a private cause and origin investigator on behalf of our client to perform an investigation independent of the insurance companies and authorities. Through our effort it was revealed that the fire was caused by a welder in the plant the day before and the alarm system did not activate because of improper installation. Brodsky & Associates was successful in proving to the insurance company that the fire was accidental. Additionally, our investigation led to two sources of subrogation for the insured and the insurance company, the welding company and the alarm company. Once the cause of the fire was cleared up, Brodsky & Associates was successful in concluding the final settlement of all property and business interruption claims in excess of $3 million within three months of the fire.
” … The Insurance Company Said ‘No Way.’ We Told The Insured, We’ll Get It Done. We Did’”
APARTMENT COMPLEXES - A banking institution foreclosed on two apartment complexes that had been severely damaged by vandalism. Both insurance carriers denied liability for these losses based on exclusionary language in the policies. Brodsky & Associates performed an extensive review and analysis of the insurance contracts, as well as an investigation of the facts and circumstances surrounding the losses. Through our diligence and claim presentation we were able to prove to both insurance carriers that coverage was applicable, based on case law that supported our position; therefore, both insurance carriers rescinded their denial and paid the claims promptly.
“ … The Business Interruption Settlement Was More Than Twice The Insurer’s Initial Offer As A Result Of Brodsky & Associates Defending The Claim Against The Insurer’s Challenges And Being Able To Substantiate Increased Trends In Occupancy and Room Rental Rates In The Local Area’s Hotel Industry. “
350 ROOM HOTEL - Hurricane Andrew substantially destroyed a 350 room hotel and resort and halted all operations. All operating income was lost, contracts with travel agencies were canceled. Brodsky & Associates was engaged to handle all aspects of the loss at the hotel including building and structural damages, contents, extra expense and loss of income. Claims in excess of $11 million dollars were submitted which were concluded successfully in a timely fashion which allowed the hotel to reopen within four months of the catastrophe. The Business Interruption settlement was more than twice the insurer’s initial offer as a result of Brodsky & Associates defending the claim against the insurer’s challenges and being able to substantiate increased trends in occupancy and room rental rates in the local area’s Hotel Industry, as a result of Hurricane Andrew.
” … Sure The First Offer Sounded Pretty Good, But We Advised Not To Settle - We Went To Work And Got Our Client Twice The Amount”
OFFICE BUILDING - A fire on the top floor of a 30,000 square foot office building resulted in the total evacuation of tenants from the building. Brodsky & Associates’ Professional Loss Consulting team worked with the owners in the immediate relocation of tenants, and initiation of reconstruction, in efforts toward minimizing the downtime and disruption to tenants. The final settlement figures, in excess of $1 million dollars procured by Brodsky & Associates allowed the complete restoration and remodeling of the building.Through Brodsky & Associates’ efforts, tenants were able to move back into the building within four months of the fire.
“ … Because Our Team Of Experts Knew Their Business, We Were Able To Secure A Settlement Of $15 Million Dollars For Our Client”
SHOPPING MALL - Hurricane Andrew struck South Florida totally destroying a 200,000 square foot shopping mall. Brodsky & Associates Professional Loss Consulting team, with its construction experts, engineers, and forensic accountants, submitted a claim and was able to substantiate a loss to the structure and lost rental income of $15 million dollars.
” … Property Claims Were Settled For 50 Percent then The Insurd’s Initial Expectations. The Loss Of Earnings And Extra Expense Claims Were Settled For Twice The Insurer’s Initial Offer.”
TEXTILE KNTITING MILL - A minor fire causing severe smoke and water damage, partially destroyed sophisticated hi-tech knitting machinery and equipment, computer equipment, raw goods, work in process, greige goods, and finished inventory. Brodsky & Associates quickly mobilized a team familiar with highly specialized machinery and equipment, assisted in the entire inventory of stock, and the takeover of damaged stock by the insurance company’s salvors. While simultaneously reducing the insured’s loss of production time by exercising due diligence and dispatch enabling the insured to restore the property and resume normal business operations within three months of the fire. The property claims were settled for more than double the insured’s initial expectations.
” … We Did Our Homework, Submitted The Proper Paperwork, Substantiated A Loss Claim In Excess of $8 Million Dollars. “
A CONDOMINIUM BUILDING COMPLEX - including 265 units was substantially destroyed by hurricane damages. Brodsky & Associates was engaged to promptly present claims for building and structural damages. Claims in excess of $8 million dollars were submitted and successfully settled.
” … Swift Reaction. Pressure In Right Areas. $3 Million Recovered”
APARTMENT COMPLEX - Humcane Andrew completely destroyed an apartment complex containing 17 two story buildings. Brodsky & Associates’ Professional Loss Consulting team with its construction consultants and engineers were able to quickly conclude the building settlement and loss of rents for $3 million dollars.
” … Experience Played A Vital Roll In Capturing A $7 Million Dollar Windfall For Our Clients.”
A CHAIN OF 350 CONVENIENCE STORES - The largest chain of convenient stores in South Florida sustained substantial damages as a result of Hurricane Andrew to over 100 store locations and their main manufacturing plant. Brodsky & Associates immediately mobilized a team of Professional Loss Consultants including building estimators, contents appraisers, equipment appraisers, inventory specialists and forensic accountants, which enabled Brodsky & Associates to thoroughly and promptly estimate all the losses and present detailed claims for each location, within 60 days of the loss. This resulted in the entire claim being concluded for an amount in excess of $7 million dollars. Claims in excess were of $7 million dollars were presented and settled to our insured’s satisfaction.
” … They Offered. We Refused. We Researched, Documented And Provided Positive Proof And Forced A Much Larger Settlement”
A 250 ROOM HOTEL & CASINO IN
SAINT MARTEN, NETHERLANDS ANTILLES - Hurricane David forced a hotel to shut down completely causing all operations and operating income to cease. Brodsky & Associates promptly prepared and submitted claims for property damages and loss of earnings. The business interruption settlement was substantially larger than original offers from the insurance company due to Brodsky & Associates’ documentation of the loss. Claims in excess of $5 million were presented and concluded.
