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News from RMI...Settlements on all Subro Fronts!

Quad Pic 2021

  

The first half of 2021 at RMI was highlighted by significant settlements in our property division; continued success, settlements and expansion of our auto division; and a host of recoveries in the RMI health care/workers compensation division.

On the property side, RMI’s time tested formula of immediate scene exams at loss sites continued to yield results in the first half of 2021.  Product liability settlements in the first two quarters involved dehumidifiers, dryers, dishwashers, gas and water hoses and related connections.  Significant six digit settlements were reached in claims involving explosions, electrical fires, and structure collapse cases.  A trend noticed during Covid 19 showed an uptick in rental property cooking fires, and several early resolutions occurred on those losses. 

This past month, RMI partner David Matejczyk and Brian Churchwell of Churchwell Fire Consultants provided a webinar in conjunction with NASP and the IAAI on fires and explosions involving death and serious injuries.    

RMI’s auto division continues to grow, aided by an upgrade in collection software and additional legal assistants joining the firm. The auto division has litigated and recovered on complicated legal issues involving out-of-state policies, under-insured and coverage matters.  On the subrogation auto industry side, RMI’s Amanda Martanovic has again been selected as the Auto Subrogation Track leader for the 2021 National Association of Subrogation Professional’s upcoming 2021 Annual Conference.

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RMI PARTNER GUEST SPEAKER ON SUBROGATION TRENDS AT ANNUAL AMERICA’S CLAIM EVENT CONFERENCE IN CHARLOTTE, NC

ACECROPPED

RMI partner David Matejczyk was invited by Claims Magazine and sponsors of the ACE annual conference as a guest speaker at the annual ACE Conference held June 20-22, 2017 in Charolotte, North Carolina.

Dave was asked to present the topic “Maximizing Property Subrogation Recoveries: A Study of Current Subrogation Trends” to claims managers and professionals from across the country. The presentation covered not only trends in the industry, but a discussion of the role of the claims professional in the subrogation process.

 “It was enjoyable to not only address the claims side of our industry, but also having the oportunity to meet in person individuals who have been on the other side of multiple subrogation cases I have litigated througout the years,” noted Matejczyk. The session included an interactive dialoge as to the importance of front line adjusters and their initial involvement in the subrogation process. A formula and model used by many insurers on large claims was presented.   

 

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