May 23, 2013
The Law Offices of Kenneth N. Greenfield represented the Plaintiffs, who owned an apartment building which was severely vandalized. Before the vandalism, Plaintiffs hired a security company to protect the property. In addition, Plaintiffs purchased an insurance policy with a major insurance company for the apartment building. Plaintiffs alleged that the security company failed to guard the property, and as a direct result, it was vandalized, causing substantial property damage. Plaintiffs submitted a claim to their insurer, but the insurer denied the claim. Plaintiffs alleged that the denial of the claim was wrongful and in bath faith. Plaintiffs settled their case against the security company for $350,000, and their case against the insurer for $150,000, for a total of $500,000.