ACE-ACLA Preview

Mold has plagued humans since Biblical times, when a chapter in Leviticus outlined the protocol for remediating the problem. That’s the same protocol that is used today, according to Jim Thompson, president and CEO of Jim Thompson’s Disaster Strike Force. “If you can stop it at a water loss, you will prevent a mold infestation,” Thompson said. “If it does not go into a mold infestation, it will not lead into the worst of all evils: an attorney infestation.” Thompson will be sharing his experience on remediating water and mold damage at next month’s Annual Claims Exposition & Conference. “I’ve never seen a loss that couldn’t have been handled with a wet vac or a pipe wrench very economically, at first,” he said. The problem is that, as days and weeks pass, what could have been handled for a $250 service charge can escalate into $2 million, or $32 million in the Texas case, Ballard vs. Farmers.