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“The American people are being grossly deceived by their insurance companies,” said Scott Friedson, CEO of Insurance Claim Recovery Support.

Friedson is a public insurance adjuster who advocates for policy holders. He is fighting the insurance companies on this issue and trying hold them accountable.

“They need to be holding the interest of policyholders equal to their own. And wherever there’s some ambiguity, they need to do the right thing and indemnify their policyholders,” said Friedson.

He said this issue could go all the way to the Supreme Court because the result would likely affect all insurance companies and claims.

Read Full Story>> https://sanfrancisco.cbslocal.com/2020/07/09/chez-panisse-founder-alice-waters-lawsuit-insurance-company-covid19/

 

Originally Published With REjournals | BRANDI SMITH | JUNE 2, 2020

Nearly every business has incurred some kind of economic loss associated with the COVID-19 pandemic, which in some cases has proven to be as detrimental as damage caused by severe weather or a natural disaster.

“The ensuing result has been an extremely large economic loss to policyholders who have, in turn, looked to their insurance companies and said, ‘Hey, this should be covered, right?’” said Scott Friedson, CEO of Insurance Claim Recovery Support.

This is Friedson’s forte. As a public insurance adjuster, he’s authorized and licensed to negotiate insurance claims on behalf of policyholders, including business interruption loss claims.

“There have been a lot of disputes and interpretations going on as it surrounds this completely uncharted territory that we’ve entered into around COVID-19 insurance claims,” he said, kicking off REDnews’ May 14 webinar Navigating Current Business Insurance Claim Loss Strategies.

Read the full article HERE. 

 

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Topics Include:
• Should you file a business interruption insurance claim now?
• What options do Policyholders have to get claims settled?
• How to make a strong argument for business interruption coverage.
• How does a virus exclusion endorsement potentially affect civil authority coverage for business income losses?
• Review of Physical loss or damage policy language.
• Leading question “gotchas” from your insurance company
• Definition & importance of “civil orders”
• Elements of a business loss claim

Shannon Loyd
Attorney
The Loyd Law Firm, P.L.L.C
Scott Friedson
Public Insurance Adjuster
Insurance Claim Recovery
Support
Bruce Smith, CPA/CFF, CFE
BDS
Forensic Accounting


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Ginger Wheless
713.661.6350
ginger@rednews.com

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Alan Davis
alan.davis@rejournals.com

Sunday’s tornadoes in DFW have resulted in an estimated $2B in losses making the event the costliest in North Texas history.

Wind claims are prone to repair vs replace disputes. The best time to have Insurance Claim Recovery Support LLC public adjusting firm represent your interests is now before a problem arises. We have assisted owners and operators to settle over $100M in Commercial and Multifamily property damage insurance claims fairly and promptly and represent some of the largest real estate organizations in Texas.