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Last Post 05/17/2011 3:22 PM by Ray Hall

Financial Professionals - Business Interruption

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vktaylor

Guest
Posts:6

05/05/2011 11:16 PM
What is the frequency of using financial professionals to analyze financial statements, calculating loss income and valuing businesses in business interruption claims cases? Do commercial adjusters prefer working with national firms or sole practitioners?

ChuckDeaton
Life Member

Senior Member
Posts:1110

05/07/2011 12:19 AM
The client makes the call. Very few adjusters have the knowledge to analyze the finances of a corporation. "Prattling on and on about being an ass with experience doesn't make someone experienced. It just makes you an ass." Rod Buvens, Pilot grunt

vktaylor

Guest
Posts:6

05/13/2011 7:01 AM
Chuck: Thanks for the information. Since the client makes the call, how is the financial professional selected? Verlin Taylor

Ray Hall

Senior Member
Posts:2443

05/17/2011 3:22 PM
Many large populated claim centers have a CPA firm well known to all the carriers in that area and the staff adjusters will make a recomdations. Many of these botique firms will have experience in arson, surety and theft. Campos & Stratus is a real large player, and many smaller firms have split away over the years.

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