08/11/2026
Following a devastating Caribbean hurricane in 2017, Raizner Slania’s affiliated firm, Raizner Lee, co-counseled with locally licensed and based lawyers to prosecute claims for condominium owners against some of the most stubborn insurance companies we've ever confronted. After months of intense proceedings with one of these insurers, our team secured multiple groundbreaking arbitration awards totaling over nine figures.
When the courts ordered dozens of the cases against the insurer moved to arbitration, the insurer claimed the damages across all matters were limited to $14 million. After six weeks of individual, case-by-case arbitrations, the panels awarded an aggregate $105 million, improving the average insurer valuation of nearly $450,000 to awards close to $3.4 million per case.
During litigation, our firm successfully exposed the insurance provider's efforts to manipulate pricing data. We forensically demonstrated the insurer and its experts disregarded multiple laws and standards to understate our clients' damages. We even obtained whistleblower testimony and corroborating documents demonstrating the insurer and its experts had engaged in a concerted plan to "keep the estimates low." Our efforts resulted in an average improvement of nearly 650% over the insurer's initial offer, with some cases reaching as high as a 5,700% improvement.
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