Fraudulent Claims – Snatching Defeat from the Jaws of Victory (W3)

Wednesday, January 31, 2024

9:00 AM – 10:45 AM East Coast USA Time

Location: Tarpon

Main Contact - Presenter(s)

John V. Garaffa, JD (he/him/his)

Lawyer
Butler Weihmuller Katz Craig LLP

Co-Presenter(s)

Michael Ciocchetti, JD, MBA

Attorney
Michael Ciocchetti PLLC
Rick Tutwiler, PCLS

President
Tutwiler & Associates Public Adjusters, Inc.
LK

Lisa Kelleher, CPCU, AIC

Senior General Adjuster III
Starr Technical Risks

Fraudulent Claims Under Property Policies

I Common Forms
a. Intentional Acts

b. Concealment
c. Overstatement
d. Statement or acts by the insured’s agents

II. Common Policy Provisions

III. Survey of Cases
a. Enforcing policy provisions
b. Limiting policy sanctions
IV SIU Participation

This panel brings together industry experts who will discuss issues arising in fraudulent claims under property policies. The developing trends of insurance fraud across the United States is a major concern not only for insurers - who bear the cost of fraudulent claim payouts– but for policyholders who see the costs passed on to them in the form of higher premiums. The panelists will review developments in the law, as well as what they have collectively learned from their experience handling insurance matters.