How This Poultry Farm Recovered $550k in Business Losses Claim
When a power outage occurred and a backup generator failed to keep a barn cool, an egg and poultry farming operation lost 45,000 hens. Not only were the birds lost, but so too were the eggs that they would have produced over time.
Hylant developed a way to quantify this client's future losses and negotiated with the insurer to ensure that the farm received fair value for its business losses.

Challenge
When a power outage occurred and a backup generator failed to keep a barn cool, an egg and poultry farming operation lost 45,000 hens. Not only were the birds lost, but so too were the eggs that they would have produced over time.
In preparing the property loss and business interruption insurance claims, a challenge soon became apparent: How do you quantify the loss of future egg production, and what value do you assign to a commodity product whose price changes daily? The claim was sure to be challenged by the insurer and could result in an unsatisfactorily low reimbursement.
Solution
Hylant's claim management experts worked with the client to review historical data. From that, they projected the number of eggs that would have been produced over the lifetime of the hens.
The team also worked with the insurer's forensic accountant to address the value of the lost egg sales over time in a fluctuating market. After many discussions with all involved parties, Hylant established a formula for quantifying the lost income. With Hylant's assistance, the client prepared and submitted a spreadsheet to the insurer each month for seven months showing the lost income based on the expected number of eggs laid and the selling price based on the commodities market. The result was a $550,000 paid claim.
Calculating the true value of a loss takes determination, persistence and personal involvement. As your partner, Hylant makes that commitment to you.
Results for the Client
$550,000
Received for business losses.
Knowledge Gained
How to determine fair market value if a similar situation ever arises again.
Consensus
All parties worked together to move the business forward and provide a successful outcome.
Trusted Advisors
Hylant team members are ready to advise you and help you confidently address your needs.

Chris Godley
Regional CEO, Northeast
Columbus

Bill Wolff
Sr Vice President Commercial Lines Insurance
Toledo

Patty Cosman
Managing Director - Real Estate
Detroit

Patrick Williams
Managing Director - Food & Agriculture
Toledo

David Bostick
Client Executive
Orlando

Alison Brinkman
Client Executive
Toledo

Glenn Burke
Client Executive
Cincinnati

Adam Dillon
Client Executive
Jacksonville

Jeff Gillmor
Client Executive
Toledo

Nick Hylant
Client Executive
Cleveland

Patrick Jordan
Client Executive
Fort Wayne

Mike McVey
Client Executive
Columbus

Dennis Neate
Client Executive
Cleveland

Matt Spragg
Client Executive
Findlay

Ryan Sowers
Client Executive
Cleveland
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