Jun 9
Chapter Meeting

June CPCU Educational Webinar on Nuclear Verdicts

06/09/22 12:00pm to 1:00pm

Topic Summary:
 

  • Commercial liability claims are becoming increasingly more costly to insurers. Recent studies show that unresolved general liability claims result in lawsuits at least 35 percent of the time. Studies further show that a lawsuit can increase the average general liability claim by more than $75,000 to defend and settle. The increased costs are being driven by unscrupulous public adjusters, attorneys, medical providers, and others, who continue to develop creative and questionable strategies to force the insurers into quicker and more costly settlements. This session will explore some of the more recent strategies being utilized by these parties including, but not limited to, expensive and questionable medical procedures, "reptile brain" theory trial tactics, partnering with “factoring" (investment) companies, submitting time limit demands, to name a few. This session will provide practical and effective methods of adjusting and investigating claims to expose and mitigate claims involving these questionable and controversial strategies. This session will examine several case studies in which these questionable tactics have been utilized and how they can be effectively mitigated/resolved prior to litigation.

Speaker:

Peter has spent over 35 years in the insurance industry. He is the President of Schifrin, Gagnon & Dickey, Inc. (SGD), a California based company that provides claims adjusting, investigation, and administration.  As a licensed independent adjuster and private investigator, Peter has extensive experience in handling a wide variety of claims, including property, casualty, and many specialty lines. Peter is a Past President of the California Association of Independent Insurance Adjusters and the Pacific Claim Executives Association. He is the President-Elect for the National Association of Independent Insurance Adjusters after previously serving as a Western Region VP.

Richard is the Vice President of Specialized Investigations, which is a regional private investigation company in California, Arizona, Oregon, Texas, Washington, Colorado, and Idaho, with over 100 employees.  He brings over 40 years of experience as an investigator/manager and has worked in management for over 28 years.  Richard manages the daily operations of the business, along with business development and client retention.  Richard has spoken at many international, national, and local association conferences and events, as well as training many Investigators and Insurance industry SIU and Claims personnel.

When:  Thursday, June 9, 2022 12:00 PM – 1:00 PM Pacific Time
 

Join Zoom Meeting:

https://us02web.zoom.us/j/87175705499?pwd=U3djUTZhZHN1a0ZwcVBFY1ZaZHlKdz09

Meeting ID:

871 7570 5499

Passcode:

064727

 

Questions?

  • Contact: 
    Donna Munsch
  • Email: 
    Donna_Munsch@rpsins.com
  • Phone: 
    714-712-5365