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CAN ALERT: A $20 MILLION VICTORY FOR THOSE FIGHTING INSURANCE COMPANIES!!

Dear  I am delighted to advise you that my partner, Dan Rosenbaum, and his team of litigators secured a $20 million dollar verdict today against QBE Corporation on behalf of our client Buckley Towers. A little background on this community is in order. Buckley Towers is comprised of two 17-story towers located at 1351 and 1301 Miami Gardens Drive in North Miami, Florida. They have a total of 576 units. This is a community of both seniors and working class families. The buildings suffered significant storm damage after Hurricane Wilma hit in 2005. The association immediately filed claims with their insurance carrier, QBE Insurance Corporation. QBE completed its inspections of the buildings in 2006 but then failed to resolve the claim to the satisfaction of the association. As a result, the community never received the funds needed to repair their buildings. They were ineligible for loans due to a high number of delinquencies and foreclosures and, as it stood, they were on the verge of condemnation since they were heretofore unable to comply with their 40-year re-certification. Buckley Towers was left with no choice but to pursue their rights in court. The $20 million verdict awarded to Buckley Towers today is the largest verdict against QBE in the country. We are proud to have won this battle on behalf of property owners everywhere. Insurance companies must understand that the money you pay for premiums actually obligates them to pay out proceeds when damage is sustained. For those of you who have ever submitted a claim and been denied, were too intimidated to submit a claim because you felt that your coverage would be canceled or rates raised or accepted proceeds that were insufficient to pay for needed repairs, this is your victory as well. For more information on the Buckley Towers story please click on the news stories below: http://www.bizjournals.com/southflorida/stories/2009/02/09/daily56.html http://news.moneycentral.msn.com/provider/providerarticle.aspx?feed=ACBJ&date=20090213&id=9609479 This exciting verdict begs the question whether there are other associations out there, perhaps even yours, that were not fully compensated by insurance carriers for casualty damage. I recently wrote an article about the very real connection between the current economic plight of far too many associations and their past failure to pursue their casualty claims through to an equitable conclusion. It is not too late to pursue those rights but statutory deadlines are looming. Please click the link below for that article. http://www.canfl.com/Documents/Casualtyarticle.pdf If you have any questions at all after reading the article, please call or email me. Best Regards, Donna D. Berger, Esq. Executive Director of the Community Advocacy Network (CAN) Telephone: 954.315.0372 Facsimile: 954.315.0373 Web: www.canfl.com Email: dberger@canfl.com

For more information, please contact Donna Berger at (954) 315-0372 or via email at dberger@canfl.com