News
SAN FRANCISCO: Lessons From The Fire
May 30, 2014
Fire is an unspeakable tragedy no one should endure, and all we can do is learn from it. Former BRE Properties EVP and general counsel Kerry Fanwick had some takeaways from the March fire that destroyed BRE's 172-unit apartment structure in Mission Bay. Insurance policies can be (intentionally) tricky in how they are written. Kerry stresses the importance of having knowledgeable advisors to explain what's covered. He suggests developing a relationship with both insurance companies and advisors. Sometimes giant developers and giant insurance companies don't take the time to forge relationships, but it's about human-to-human contact and getting together to figure out a resolution.
