The 2025 Los Angeles wildfires have left many businesses and individuals in Southern California facing significant challenges. In part 2 of a podcast focused on insurance claims following a natural disaster, we hope to assist victims as they navigate the insurance claims process. In this podcast, John Ellison, Chris Kuleba, Max Louik and Esther Kim discuss claim submissions, the post-loss insurance policy conditions that policyholders need to comply with and the coverages that are available for losses resulting from a natural disaster under a first-party property policy. ----more---- Transcript: Intro: Hello, and welcome to Insured Success, a podcast brought to you by Reed Smith's insurance recovery lawyers from around the globe. In this podcast series, we explore trends, issues, and topics of interest affecting commercial policyholders. If you have any questions about the topics discussed in this podcast, please contact our speakers at insuredsuccess@reedsmith.com. We'll be happy to assist.  John: Greetings and welcome back to the latest episode of Insured Success. Today's topic is part two of our podcast on dealing with natural disaster claims. We're focusing on three topics related to natural disaster claims for business owners and also individuals. Part one, we'll talk about claim submission. Part two will be the post-loss insurance policy conditions that policyholders need to comply with. And part three is the various coverages that are available for losses resulting from a natural disaster under a first-party property policy. My name is John Ellison. I'm a senior partner in Reed Smith's Insurance Recovery Group in both our Philadelphia and New York offices. And I am joined by my colleagues, Max Louik, a partner in our Pittsburgh office, Chris Kuleba, a partner in our Miami office, and Esther Kim, a senior associate in our Philadelphia office. Natural disasters are covered by first-party property policies, including wildfires, hurricanes, and windstorms. And this topic is particularly timely given the tragic events that have been ongoing in LA for the last several weeks. Moody's, among other estimators, have proposed that the insured losses from the 2025 LA wildfire claims will likely be in excess of $20 to $30 billion dollars. Other prognosticators have estimates that are even higher. An LA Times article earlier this week stated that the wildfires have damaged or destroyed about $350 million in public infrastructure. And as of another estimate earlier this week, over 16,000 structures have been destroyed in both the Palisades and Eaton fires. For individuals and businesses affected by these events, United Policyholders, a nonprofit organization based in San Francisco, has a page dedicated to the wildfires with information and resources on submitting insurance claims and disaster recovery that has a whole lot of useful information. And in addition to that, the California Department of Insurance, which has been particularly active in the post-wildfire time, has the latest announcements and updates regarding what the insurance department is doing on behalf of policyholders with respect to their insurance policies and claims resulting from the wildfires. So with that introduction, let's talk about what you take as your first steps in dealing with a natural disaster loss. And I'm going to pass it over to Esther to pick it up from here.  Esther: Thanks, John. So when your property has been damaged by a natural disaster, you should first review all of your insurance policies to determine which policy provides coverage for that specific property and cause of loss. Most individuals and businesses will generally have one policy that responds. For a business, the commercial property and business interruption policy will likely cover losses caused by natural disasters and lot fires. In California, after a property loss, an insurance company must provide free of charge a complete and current copy of an insurance policy wi