FIRST PARTY PROPERTY INSURANCE COVERAGE

Weg and Myers has been representing policyholders with respect to their property insurance claims for over forty years. The firm's representation of its client's interests may commence as early as days after a catastrophic event. However, at other times, Weg and Myers representation of its clients begins at the time that an Examination Under Oath is demanded or when a claim is denied by the insurance carrier.

While some of the firm's recent achievements have resulted from successful trial verdicts and/or that verdict's subsequent affirmance on appeal, , see Federal Insurance Company v. Keybank National Association, 340 Fed.Appx. 5 (2 ^nd Cir. 2009.) Weg and Myers, P.C. has also been successful in achieving coverage for our clients through mediation as well as successfully defeating insurance company motions to dismiss the insured's claims, thus leading to the subsequent resolution of the coverage claim, see One Beacon Insurance Company v. Old Williamsburg Candle Corp.,386 F. Supp. 394 (SDNY 2005). The nature of the property insurance claims that this firm has been retained on vary from coverage for multi-million dollar commercial machinery to the gas pipe distribution systems of high rise condominium complexes to 124 foot luxury yachts to  multimillion dollar mansions. Coverage for a loss is usually only part of a successful outcome. Numerous issues arise as it relates to the proper manner in which the property in question is to be valued and/or to what degree is the value limited by the policy of insurance. Rainbow USA, Inc. v. Crum & Forster Specialty Insurance Company, 711 F. Supp. 655 (E.D.La 2010). Finally, depending on the jurisdiction, the conduct of the carrier is analyzed to determine whether the carrier has acted in Bad Faith and the consequences of that conduct.

In addition to its representation of policyholders, Weg and Myers' attorneys have been featured as speakers at numerous seminars and conventions in connection with various issues involving first party insurance coverage. (The Innocent Co-Insured Doctrine)