Maximizing Recovery For Hurricane Sandy Losses

Law360, New York (November 15, 2012, 5:41 PM EST) -- It should never be assumed that a loss is not covered by insurance; when in doubt, tender the claim, and do so as soon as possible. Not only does timely tendering of the claim avoid any potential “late notice” objection — a favored defense by carriers under New York law — but it will also benefit the policyholder’s claim by allowing it to pursue recovery when the insurance companies have the most resources available, e.g., local adjusters on the ground, claims people, emergency response teams and...
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