Insurance Coverage and Broker Malpractice
Recovered millions of dollars from the insurer of a small business arising from a fire that caused pollutants to flow into the public sewer system, and recovered an additional million from its insurance broker.
Builder Insurance Bad Faith Claim
Successfully litigated multi-million dollar claim on behalf of a builder policyholder in Texas Federal Court.
General contractor- duty to defend litigation
A project owner sued Mr. Hultz’ general contractor client in a “bet the company” construction litigation. The general liability insurance carrier covering the project refused to defend and rejected all pre-litigation resolution efforts. Mr. Hultz filed suit against the insurer, quickly prevailed on a dispositive motion and obtained millions of dollars in damages and penalties from the insurer.
Master Developer- Insurance Review and Counseling
A Master Developer client asked Mr. Hultz to review the insurance program covering a massive residential construction project in Northern California. Mr. Hultz helped his client avoid catastrophic loss when he discovered major gaps in coverage that would have left his client completely exposed to several categories of potential liability. Mr. Hultz worked together with his client’s risk management team, negotiated with the involved insurer representatives and resolved the coverage problems before construction even commenced.
Product Manufacturer- resolved coverage and broker negligence disputes through pre-litigation negotiation
Mr. Hultz represented a family-owned product manufacturer whose factory was destroyed in a major chemical fire. The client faced certain bankruptcy when the Commercial General Liability and Pollution Legal Liability insurer denied coverage. Without the insurance coverage, the company could not have rebuilt its facilities, much less defend the myriad claims and lawsuits from neighboring businesses and property owners. However, through extensive negotiations and creative coverage solutions, Mr. Hultz convinced the insurance carrier to provide coverage. He also negotiated a substantial recovery from the involved insurance broker. Without ever stepping foot into court, Mr. Hultz quickly obtained millions of dollars in recoveries which allowed his client to rebuild its business and quickly restart operations.
Professional Liability Insurance Coverage Litigation
Litigated a multi-million dollar claim on behalf of a policyholder against a Professional Liability insurer, in Complex court and in the California Court of Appeal. Ultimately first-chaired the trial and mediated the claim to resolution.
Obtained a multi-million dollar settlement from a major insurance carrier to reimburse a national builder for structural repairs to several condominium projects.