Webinar Details

Accounting for Insurance Losses when Disaster Strikes

by Chad Salsbery from Adamy Valuation

FREE

Course Description

When disaster strikes you should be prepared from both an operational and accounting perspective in order to help facilitate the insurance claim adjustment process. Join Chad Salsbery, Managing Director with Adamy Valuation, as he discusses his insurance claim experience, which includes the development of the largest commercial claim (over $1.0 billion) related to Hurricane Katrina. He will discuss pre-loss insurance and accounting planning, types of insurable loses, and the development of insurance claims. Chad will conclude his presentation with a case study related to his experience developing an insurance claim for a manufacturing facility impacted by Hurricane Harvey in 2017.

Learning Objectives
  • Develop cost collection structures and operational plans in case of an insurable loss
  • Recognize the types of insurable losses, including, Property Damage, Ordinary Payroll, Extra Expense and Business Interruption
  • Identify issues to think about when recovering from and accounting for an insurable loss
  • Understand the basics of how to develop an insurance claim
Prerequisites
  • None.
Who Should Attend

Controllers, Risk Managers, CFOs, Chief Accounting Officers, and CPAs leading or working as part of teams who handle the operations of all types of businesses. CPAs in public practice, including auditors, seeking additional insights related to insurance claims.

Advanced Preparation

None.

Presenter Details
Chad Salsbery

Chad Salsbery is a Managing Director with Adamy Valuation. He has a wealth of experience in providing expert testimony and valuation services. Chad provides clients with valuation services in commercial litigation settings for economic damages, business valuations, and bankruptcy issues. He also has significant experience with insurance, construction, and government contracting cost claims. He serves clients at both the Grand Rapids and Chicago offices.

Chad has over two decades of experience in matters related to economic damages. His background includes work with breach of contract, lost profits, business interruption, and business valuation analyses. Chad’s bankruptcy and financial valuation work includes solvency revi... Read more

  • csalsbery@adamyvaluation.com
  • 616-726-2760
NASBA Approved
Encoursa is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. Boards of Accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
Date & Time
Thursday, November 29, 2018

1:00 PM EST
(see additional timezones)

Register for this webinar

Additional Information
Cost: FREE
Credits: 1.00 hours
Subject area: Specialized Knowledge
Course level: Overview
Delivery method: Group Internet Based
CPE
  • CPE certificates will be accessible through your dashboard 1 hour after a webinar concludes. For specific instructions on accessing your CPE, please see our FAQ section on our support page.
  • Multiple attendees: Each attendee should register separately for the webinar. If more than 1 attendee participated from the same device, please contact us after the event to let us know. For group signups for paid events, please contact us.