KEY INFORMATION:
Project name: Automotive Manufacturer v. Roofing Company
Client: Confidential -- Roofing Company
Services Provided: Business Interruption, Finance & Economic Damages, Dispute Resolution, Commercial Dispute
SOCOTEC was retained by counsel for a roofing company (“Company”) to evaluate insurance claims for costs incurred by an automotive manufacturer (“Manufacturer”) resulting from a roof collapse in 2013. Manufacturer alleged Company’s roofing installation improperly prevented effective rainwater drainage, which allegedly resulted in the roof collapse and property and time element insurance claims of approximately $10 million. SOCOTEC identified $1.6 million of unsupported, improper, and duplicate claimed costs within the $4.2 million of time element claims. This matter settled favorably for our client.