Comprehending Condominium Claims (Tu3)

Tuesday, January 25, 2022

1:30 PM – 3:15 PM EST

Location: Coral Sea 1

This class will give an overview of the law as it applies to insurance claims when dealing with a large commerical loss relating to a condominium association. These claims present unique challenges, not only based on their size, however, there are unique coverage questions affecting only condos which some adjusters and attorneys are not aware of. The master policy covering the building has certain limitations and often unit policies butt against the master coverage portions. Furthermore, the ethical considerations involved in these commerical claims which intersect with homeowners can be chanllenging. Inspecting large losses, with an eye for indivudual attention is required under ethical obligations of adjusters, and these claims cannot be painted with a broad brush. Discussion of alternative dispute resolution, appraisal, and mediation will be had. Real world challenges discussed and handling a board of directors and condominium law will be discussed.

Panelist(s)

Charles Baker, CPCU, AIC

VP Field Operations/EGA
Peninsula Insurance Bureau, Inc.
John V. Garaffa, JD, LLM

Attorney
Butler Weihmuller Katz Craig LLP
Steven R. Romero, CPCU, AIC

Commercial Claims Examiner - Large Loss Specialist
ICAT
Vanessa Ross, Esquire

Policy Holder Attorney
Ross Legal Group, PA

Slides
Tara Lyn Stone

CEO
Stone Claims Group Inc.