The 2017 hurricane season is sending insurance claims to unprecedented levels. Business entities have faced catastrophic losses, including significant property damage, lost income and other insurable losses. Business owners that have been impacted should review their policies to understand what is covered and the proper notice with any potential recovery of their losses. The following guidelines provide assistance to affected business owners when documenting and filing a business interruption claim (“BIC”).
MPI, a prestigious national consulting firm founded in 1939 specializing in business valuation, litigation support and corporate advisory work, has opened a Philadelphia office to serve as national headquarters for its new forensic accounting and economic damages practice. MPI’s Philadelphia office will also support its growing Pennsylvania client base, as well as its traditional business valuation and litigation support services.
MPI Expands Commercial Damage Litigation and Forensic Accounting Services MPI continues its expansion of client services into complex commercial damages and forensic accounting projects with the hiring of James T. O’Brien, CPA/CFF. Mr. O’Brien brings almost 30 years of experience providing clients with expert witness services. Mr. O’Brien has focused his practice on providing damage calculations in complex commercial litigation and forensic accounting investigations. In addition, Mr. O’Brien frequently assists clients in documenting insurance claims such as flood, fire, or theft losses that impact business operations.