First Party Property Insurance Coverage
Nationwide Representation for Policyholders
Weg & Myers, P.C. has been representing policyholders with respect to
their property insurance claims for over forty years. The firm's representation
of its clients’ interests may commence as early as days after a
catastrophic event. However, at other times, our attorneys begins representing
clients at the time that an Examination Under Oath is demanded or when
a claim is denied by the insurance carrier.
Our Litigation History
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 (2nd Cir. 2009.), for example, Weg & 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.
This has led to the subsequent resolution of the coverage claim, such as in
One Beacon Insurance Company v. Old Williamsburg Candle Corp.,386 F. Supp. 394 (SDNY 2005).
Recovering Multi-Million Dollar Settlements
- The nature of the property insurance claims that this firm has been retained
on various cases, including:
- Coverage for multi-million dollar commercial machinery
- The gas pipe distribution systems of high rise condominium complexes
- 124 foot luxury yachts
- Multi-million 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, such as in 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 & Myers, P.C.’s
attorneys have been featured as speakers at numerous seminars and conventions
in connection with various issues involving first party insurance coverage.
Contact our offices today.