For businesses in the path of the storm, maximizing insurance recovery requires assessing not only physical damage to their property but also income losses stemming from flooded and blocked roads and bridges, interrupted shipping and air transport, evacuations, and closures by civil authority. Beyond the area of immediate impact, businesses suffering from supply chain disruptions should look to their property insurance policies for contingent business interruption coverage, triggered when policyholders do not themselves suffer physical damage but still lose revenue after a property loss sidelines a major supplier or customer.
Join Anderson Kill’s Marshall Gilinsky and Ronald J. Papa as they explore the role of insurance and the hurdles to recovery in times of natural disaster.
Marshall Gilinsky is a shareholder in the New York office of Anderson Kill and practices in the firm’s Insurance Recovery and Commercial Litigation Departments. He is also a member of the firm's Regulated Products group. During his 20-year career representing policyholders, Mr. Gilinsky has recovered hundreds of millions of dollars for his clients, successfully litigating disputed claims under a variety of insurance products, including property and business interruption insurance, commercial general liability (CGL) insurance, errors and omissions (E&O) insurance, directors' and officers' (D&O) insurance and life insurance. Mr. Gilinsky has represented clients on numerous high-stakes, complex insurance claims arising out of prominent losses such as 9/11, Hurricane Katrina, Superstorm Sandy and the “Big Dig” in Boston.
Mr. Gilinsky also focuses extensively on assisting clients that own and manage captive insurance companies, especially with respect to resolving coverage disputes between the captive and its reinsurers.
Mr. Gilinsky’s success in solving clients' problems stems from his ability to understand their businesses – as well as their insurance programs – in order to maximize the value of the clients’ insurance assets. He frequently writes and lectures on a variety of topics of interest to professionals and practitioners in the insurance arena, and is frequently quoted in the press, including appearances in the New York Times, Wall Street Journal, National Law Review,CNN.com and Business Insurance, among others.
Mr. Gilinsky is a member of Anderson Kill's Banking and Lending Group, Hospitality Industry Practice Group and Regulated Products Group.
Mr. Papa is the President and Chief Executive Officer of National Fire Adjustment Co., Inc.; one of the nation’s largest licensed public adjusting and loss-consulting firms. Over the last 26 years, Mr. Papa has been involved in the adjustment of thousands property and related business income losses. He has assisted numerous clients in a variety of industries in the preparation, support and settlement of their claims. He has participated in disaster recovery operations as a result of several large catastrophes – One of which Mr. Papa settled for over $100 million.
Mr. Papa is a graduate of Niagara University.
very helpful!Good job!
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