In January of 2020, American Claims Management Services, based in Towson, MD, was acquired by Sill. Sill is the nation’s leading public adjusting firm with offices throughout the United States. American Claims Management Services (ACMS) has offered exceptional adjusting services to residential and light commercial insureds in the mid-Atlantic region for decades.…
Typically, most of my friends regard our business, insurance claims management on behalf of insureds, with resounding disinterest at best. My “day at the office” is generally low on the list of topics brightening a Saturday evening with friends and often simply disregarded altogether.…
Nearly every business enterprise in America and around the world has been impacted financially as a result of the coronavirus. Many of those businesses have property insurance that include some type of business interruption insurance coverage for which they have been dutifully paying premiums, oftentimes for years, without submitting a claim.…
As President of NAPIA, I along with other leadership recently submitted a letter to the state insurance commissioners in an effort to strongly urge changes be made to protect insured who have suffered a financial loss due to the coronavirus. I believe that "in these uncertain times, public insurance adjusters are stepping up to protect insureds." …
The Institute of Real Estate Management (IREM) recently interviewed Sill's Michael Perlmuter to gather business interruption insights for the real estate industry and their membership as well as how it may apply to interruption caused by the coronavirus.…
A private adjuster is an insurance industry professional, licensed by each state’s department of insurance in which they work, to protect the public by serving as an advocate for the policyholder against his own insurance company during the claims process.…
My email inbox fills up too quickly each day with inquiries from clients and former clients concerning whether they have Business Interruption coverage for the economic losses that they are currently incurring as a result of the COVID-19 pandemic.…
Following in the footsteps of New Jersey, the states of Ohio and Massachusetts have filed proposed legislation that could result in small businesses qualifying for business interruption coverage from their insurance policies. The New Jersey Legislation, which has faced strong opposition from the insurance lobby, was focused on compelling insurance companies to cover claims by small business owners for damages resulting from COVID-19 up to the limits of their policies. …
Are you wondering if your commercial business interruption insurance policy will provide coverage for your financial losses incurred during this Coronavirus (COVID-19) pandemic? You are not alone and the answer can be a bit elusive. Today is the start of a series of blogs that I will be writing to help inform you about the ever-changing insurance and legal landscape around the coronavirus and business interruption insurance coverage. I encourage each of you to stay informed and work with trusted sources. This initial blog will review a few cases that may play a part in determining the impact viruses play when filing commercial business interruption claims.…
