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COOPERS & LYBRAND BROCHURE GUIDES COMPANIES THROUGH DISASTER'S AFTERMATH

COOPERS & LYBRAND BROCHURE GUIDES COMPANIES THROUGH DISASTER'S AFTERMATH
 NEW YORK, Aug. 28 /PRNewswire/ -- Companies forced to pick up the pieces in the aftermath of Hurricane Andrew are left wondering how to secure insurance recovery and restore operations as quickly as possible.
 "After A Loss," a brochure by Coopers & Lybrand, is designed to provide operating units with immediate guidelines for understanding the basics of property damage and business interruption insurance and the fundamentals of preparing a claim.
 Specifically, it provides:
 -- Guidelines and procedures for getting through the early, difficult days after a loss;
 -- Valuable insights into the insurance adjustment process;
 -- An understanding of business interruption (BI) Valuation, including:
 -- A descriptive BI formula, and
 -- A review of BI fundamentals.
 -- Guidance in the salvage process, and
 -- The basics in valuing damaged property.
 Lester L. Lowenstein, Coopers & Lybrand's director of Insurance Claims Services says: "This brochure was prepared in response to requests for a handy reference for companies to use if hit with an unexpected loss at one of their facilities. However," he continues, "it is a first aid primer only, and for this reason, we urge the affected entity to contact its risk manager, financial officer or insurance professional as soon as possible."
 Copies of "After a Loss" are available without charge by contacting: Coopers & Lybrand, Publications Department, 1251 Avenue of the Americas, New York, N.Y. 10020-1157, (212) 536-3257.
 One of the world's leading accounting, tax and management consulting firms, Coopers & Lybrand provides solutions for businesses in a wide range of industries. The firm offers its clients the expertise of more than 17,000 professionals and staff in 100 U.S. offices and more than 67,000 people in 121 countries.
 -0- 8/28/92
 EDITOR'S NOTE: Les Lowenstein, director of Coopers & Lybrand's Insurance Claims Services, will be in southern Florida the week of Aug. 31. If you are interested in speaking with him, please contact Amy Goldberger at (212) 536-3256 to arrange.
 /CONTACT: Amy J. Goldberger of Coopers & Lybrand, 212-536-3256/ CO: Coopers & Lybrand ST: New York IN: FIN SU:


SH-OS -- NY039 -- 4416 08/28/92 13:24 EDT
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Date:Aug 28, 1992
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