Economic Loss Measurement
Fair and impartial
Businesses, attorneys and insurance carriers retain us to quantify, test and evaluate economic damages, participate in damage measurement dispute resolution, and testify to our findings. Our engagements are split equally among plaintiffs and defendants.
Retained for these among many other occurrences:
- Large-dollar product liability claims (confidential)
- 9/11 World Trade Center Terrorist Attack
- 9/11 Pentagon Damage
- Improper taking of intellectual property (confidential)
- Nisqually Earthquake
- Loma Prieta Earthquake
- Theft losses (confidential)
- Loss of market share (confidential)
- Hurricane Katrina
- 2004 Florida Hurricane Season
- Hurricane Iniki
- Hurricane Andrew
- Typhoon Pongsona
$150,000,000 product liability claim
We assisted attorneys in properly evaluating and successfully resolving some of the more complex product liability claims in recent memory.
Hotel chain losses post 9/11
Following the terrorist attacks on the Pentagon and World Trade Center, we helped a large national hotel chain measure economic damages suffered as a result of decreased travel and declining visitors throughout the country.
Following the 2004 and 2005 unparalleled hurricane seasons, we assisted national insurance carriers in measuring and settling more than 50 business interruption losses.
The Boeing Company - Nisqually earthquake
Following the magnitude 6.8 Nisqually earthquake that shook the Puget Sound region in 2001, we helped The Boeing Company measure economic damages sustained as a result of extensive flight simulator property damage and the interruption to normal flight simulator operations.
Puget Sound Energy
In the midst of a three-year period in which a variety of Arctic storms lashed the Northwest, we were retained by an international insurance carrier to review the extent of recoverable insurance losses.