Disaster Claims Recovery: What Claimants and Their Lawyers Should Know
1 PM GMT
Don't miss this FREE hot topic teleconference, part of the ABA-TIPS Member Mondays CLE Series on Monday, October 23rd. This complimentary teleconference series was created for TIPS members to address your areas of practice.
Although it is too early to come up with reliable numbers, estimates for the economic costs of Hurricane Harvey run from a low of $70-$90 billion (roughly equivalent to Superstorm Sandy) to a high of $190 billion. Projected costs for Hurricane Irma in the United States were lower than expected but still are likely to exceed $20-40 billion in just insured losses. Natural and manmade disasters are increasing around the world, leaving in their wake hundreds of thousands of claims that impact businesses and individuals.
In a time of increasing disasters and massive numbers of claimants, parties and their counsel must understand how to proceed and should consider options for a more responsive and nimble process to resolve disputes.
This webinar will discuss:
After a disaster: first steps (insurance and other claims)
Factors to consider in structuring and choosing claim resolution alternatives
Methods used to resolve single, mass and multiple-claimant matters