Economic damages usually involve calculation of lost profits, loss of wages, loss of past or future earnings. It can also include loss of future earning capacity, permanent loss of value for a business and damages to either real or personal property. Economic damages experts at A&C measure and calculate such damages. These damages can be caused by natural disasters such as a weather event or man-made catastrophes such as 9/11. fraud or wrongful death.
A&C loss accountants can assist insurance companies, lawyers, adjusters and business owners in calculating and quantifying the impact of the economic damages.