Hurricane Insurance Claims
Our professionals have assisted clients with hundreds of property and business interruption claims around the globe totaling billions of dollars.
BRG is a world-class provider of forensic accounting and insurance claim preparation services to policyholders, commercial insurance brokers, and law firms. Our professionals have assisted clients with hundreds of property and business interruption claims around the globe totaling billions of dollars.
Our primary objective is to prepare credible, professional, and well-documented insurance claims, per the terms of the insurance policies, that lead to timely settlements. We have been retained in the wake of catastrophic storms, including Hurricanes Harvey, Ike, Irma, Katrina, Maria, and Matthew. Our deep claims and industry experience enables us to provide strategic advice and manage expectations throughout the claims process, and our fees are typically covered by the insurance policy.
While our professionals establish loss-accounting procedures, analyze detailed financial and accounting records, and develop financial models to prepare the property and business interruption claims, our clients’ management can focus on caring for employees, serving customers, and rebuilding their businesses.
Hurricane Claim Experience
BRG professionals have been retained to prepare claims after Hurricanes Harvey, Ike, Irma, Katrina, Maria, Matthew, Rita, Sandy, and others. We understand and have analyzed the financial impact of major issues that typically arise after hurricanes, including:
- Wind vs. Flood Allocations
- Service Interruptions
- Civil Authority
- Percentage Deductibles
- Water Damage
- Temporary vs. Replacement
- Period of Restoration/Extended Period of Restoration
- Wide-Area Damage Economic Impacts
BRG’s team has experienced forensic accountants, professional engineers, insurance claim specialists, and industry experts located in Atlanta, Baltimore, Houston, Dallas, Miami, New York City, Philadelphia, Saddlebrook (New Jersey), Tallahassee, Tampa, Washington, DC, and other major cities throughout the US.
Diverse Industry Experience
BRG professionals have prepared property, business interruption, and contingent business interruption claims for losses involving virtually every industry, including manufacturing, oil and gas, utilities, chemicals, ports/terminals, hospitals, hospitality and gaming, retail, restaurants, higher education, transportation, and high technology, among others. In addition, we have extensive experience preparing insurance and FEMA claims for nonprofit entities.
Our service offerings provide the structure necessary for preparing effective and appropriately supported insurance claims, and managing the insurance claim process.
- Track property damage costs and calculate business interruption damages
- Establish loss accounting and claim documentation procedures
- Prepare logical, comprehensive, and well-documented claims
- Coordinate with insurance broker, attorneys, claim adjuster, insurer’s consultants
- Document extra expenses to continue operations and mitigate the loss
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Our industry knowledge is broad and deep.
BRG combines intellectual rigor with practical, real-world experience. We have an in-depth understanding of industries and markets, with expertise spanning the major sectors of the global economy. Following are some of the many sectors that we know inside and out.