A new Sun server was being moved within a warehouse when the forks of a forklift went through the side of the packing crate and into the side of the server. The carrier elected to replace the server instead of making repairs. The net salvage value provided to the carrier by LWG was higher than the claim amount ($84,000) less the deductible. Therefore, the carrier paid out no money on the claim.

The press was being loaded onto a truck after it had been sold for $1,100,000. One of the insured's employees was loading a section onto the truck with the forks of the forklift angled. When the forklift stopped, the momentum of the press section caused it to slide off the end of the forks. This section fell off, hit the ground, and slid into a stream at the bottom of the hill.

There was another salvor involved in this claim. Both salvors submitted bids to the insurance carrier. LWG arranged for printing press dealers to inspect the press and was present during these inspections. LWG sold the press for a net salvage value of $451,000. This value was $175,000 higher than the net value submitted by the other salvor.

A new CT/PET scanner was being installed in a hospital when a water leak occurred. The gantry for this system sustained water damage. The claimed value for the gantry was $1,000,000.

The adjuster preferred to use their own salvor because they had an established relationship. LWG contacted used medical equipment dealers and arranged for them to inspect the equipment. Per the adjuster's instructions, LWG submitted our bids through the general salvor.

LWG outbid all other brokers and medical equipment dealers contacted by the general salvor, even after making a profit on the sale. Since the general salvor took a percentage of the sale, the client ended up with a lower net salvage value than they would have had if LWG had been the sole salvor.

This press was contaminated by water when the roof of the facility was damaged during the hurricanes in Florida. Due to business interruption issues, the carrier elected to replace the press. The insured was willing to accept replacement with a refurbished model for $600,000.

The independent adjuster made the decision to act as the salvor on this file and accepted bids from LWG, other brokers, and used printing equipment dealers. LWG contacted our own brokers and equipment dealers. LWG submitted the winning bid ($212,500), even after taking a percentage of the sale.

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