“Catastrophic property loss” is too clinical a name for what it is—it’s a tragedy. Losing a home, a business, or a family inheritance is ruinous, emotionally and financially. Our clients haven’t just lost “buildings” or “assets.” They’ve lost an entire lifetime of building, dreaming, and investing in the future. We stand by our clients because profound loss demands support. It demands justice.
We are here to help when insurance companies deny, delay, or try to discount people’s claims.
Insurance companies have promised to provide for you when you need them most. We have seen far too many companies leave families and business owners with nothing during the most difficult time of their lives. We saw it during Hurricane Ike, Hurricane Harvey, the California wildfires, and countless other natural disasters nationwide.
Arnold & Itkin will not stand by when this happens to our clients.
Common Insurance Company Tactics
Insurance claims should be straightforward: you file a claim with your property insurance company, they inspect the damage, and the insurance company sends you a check for your loss. However, the actual process often involves months of delays and insultingly-low settlement offers, leaving homeowners and businesses without relief or the ability to rebuild.
Insurance companies do this on purpose. By delaying your payment, the insurance companies hope to pressure you into accepting a low offer. It’s an industry-wide practice that robs policyholders of the funds they need to rebuild their lives. These predatory practices are not acceptable. Our firm has fought against these practices for over a decade and consistently won for our clients.
Why Is My Claim Taking So Long?
Insurance companies often delay claims to pressure policyholders into accepting a low settlement. In other cases, they may even deny a claim at the end of a long process because policyholders statistically give up after a long wait. Most people just want the situation to be resolved. Delayed payment is part of a documented effort by the insurance industry to increase their profits, which has fueled the industry's transformation from a service model to a profit-generation model.
Why Would I Want a Lawyer to File My Claim?
The fear of a jury trial often compels insurance companies to handle claims honestly. Having a lawyer file your claim gives your insurance company a choice—treat you fairly or deal with the consequences of litigation.
How Long Does a Business Interruption Claim Usually Take?
On average, a business interruption claim takes between several months to a little over a year. Business interruption claims require a great deal of documentation to prove.
The key to filing a successful claim is to be proactive. When a client comes to us with an insurance claim, we immediately mobilize our team to help. By the end of the process, you will have a claim ready for trial. This puts pressure on the insurance company to settle fairly with you; if they don’t, we’ll take them to court.
Call (888) 493-1629 or use our short form to discuss your case. There’s no cost to learn about your legal options.
Arnold & Itkin reached a record $205,000,000 settlement on behalf of clients after several years of hard-fought litigation. The case settled just before trial was set to begin.
Arnold & Itkin worked over the course of several years to represent clients in a case that many other law firms turned down. In the end, we were able to obtain a record-setting confidential settlement of $171 million.
Arnold & Itkin represented a pregnant woman who experienced stomach pain and called Acadian Ambulance. The driver of the ambulance drove the ambulance into the back of a sugar cane truck causing the plaintiff's spine to be severed at T4 and for her to sustain serious brain injuries. We succeeded in obtaining a $117 million verdict for the mother, as well as her two daughters.
Arnold & Itkin LLP negotiated a massive nine figure settlement on behalf of their clients after several years of hard fought litigation.
Arnold & Itkin obtained a record settlement for individuals harmed by defective, dangerous products. The result exemplifies our commitment to clients and justice for those seriously injured by the conduct of others.