Case Studies
J.S. Held was engaged by an insurance carrier to evaluate business interruption impacts due to a fire that occurred in an aircraft testing wind tunnel. As a result of extinguishing the wind tunnel fire, we learned that the insured had experienced severe water damage, causing stairwells and offices to be completely flooded in addition to the damage already caused by the fire.
When J.S. Held was engaged by the insurance carrier, we immediately began communications with the carrier, the insured, and the insured’s public adjuster. Our forensic accounting team quantified business interruption impacts as well as expenses incurred due to the loss. In addition to our forensic accounting team, our environmental, health, and safety team was engaged to investigate moisture hazards and drying impacts. In addition, our equipment consultants were engaged to evaluate machinery potentially impacted by the fire. Our consultants evaluated the machinery piece by piece to determine if it was impacted and whether it could be reused, repaired, or needed replacing. Our equipment and forensic accounting teams worked collaboratively to identify what equipment needed to be immediately replaced to get their business operating and avoid extensive business interruption impacts.
Aubrey Shea
Executive Vice President | Practice Lead
Forensic Accounting – Insurance Services
+1 267 318 4996
[email protected]
Chris Antinora
Executive Vice President | Regional Lead
Equipment Consulting Practice
+1 848 208 3268
[email protected]
Robert Underwood
Executive Vice President
Equipment Consulting Practice
+1 714 660 9177
[email protected]
Jeremy Nolen
Vice President
Equipment Consulting Practice
+1 732 924 8747
[email protected]
> Forensic Accounting - Business Interruption
We provide specialized expertise in the quantification of damages related to claims and disputes involving business interruption and lost profits.
> Forensic Accounting - Extra Expense
Our experts conduct objective, in-depth analyses that evaluate extra or increased costs incurred by Insureds to continue operations and to mitigate their business interruption losses after an insured event.
> Environmental, Health & Safety - Industrial Hygiene Services
Our team of Certified Industrial Hygienists (CIHs), Certified Safety Professionals (CSPs), and environmental scientists provide expert counsel on matters involving asbestos, lead, mold, legionella, smoke, noise, occupational risks, and other hazards.
> Equipment Consulting - Aerosciences
Our equipment experts evaluate a wide variety of aeroscience-related systems from aircraft components to multi-million-dollar satellites.