Claims Scenarios:
Electrocution By An Electrical Transformer
A young man playing by an electrical transformer was electrocuted and suffered severe burns that caused him to lose his arms and legs. Even though the transformer was fenced in, and warning signs clearly marked the area, the utility expected to suffer a substantial loss, considering the permanent injury to this young man and the previous court decisions in the jurisdiction. Our Excess Casualty claims experts worked closely with defense counsel to develop an aggressive but equitable defense strategy. The result? A settlement that was approximately 65% less that what was initially anticipated. This saved millions of dollars and spared the utility intense media attention that usually accompanies significant court decisions.
Product Misuse
A manufacturer's product was used in a manner for which it was not intended, and released noxious vapors. Both of the manufacturer's primary carriers denied coverage. Excess Casualty insured the risk, which involved multiple claims for bodily injury as well as a claim by the property owner. Our Excess Casualty Claims Department's experience and knowledge in managing these types of claims resulted in a settlement of approximately 50% less than what was originally anticipated.