Beachwood, Ohio
The adage that “improbable events happen all the time” was never more true than in the case of one of suburban Cleveland, Ohio’s most prestigious apartments, Sherri Park Apartments. The property includes two beautiful multi-floor apartment buildings. Within a six month period, one of the buildings suffered significant damage from a gas explosion and resulting fire while the second building suffered serious damage when it was caught in the path of the winds of Hurricane Sandy that swept across Lake Erie.
After consulting with its long time law firm, Baker Hostetler, the insured retained the Alex N. Sill Company, the nation’s leading public insurance claims adjuster and loss consultant, to prepare building damage and loss of income calculations and adjust both claims on its behalf. Sill’s team, composed of a former insurance company adjuster, a 40-plus year building appraiser and estimator and a seasoned forensic accountant was dramatically successful in its representation of the insured. Their efforts resulted in settlements on the two losses in excess of $10 million.
Sill’s work was lauded by the insured’s Chief Financial Officer, who commented below:
“I would like to express our sincere thanks and appreciation to Alex N. Sill Company . . . for your assistance with the claims process following these losses. Both losses were multi-million claims. Without the expertise of the Sill Company, navigating through the complexities of settling such large claims would have been extremely difficult. Your team was always responsive and looked for creative ways to ensure the best possible result for us . . .
“I would recommend, without hesitation, Alex N. Sill Company to those that have suffered a loss and require the service of a public adjuster.”
Michael T. Holowaty, Chief Financial Officer