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Closures of businesses because of and during the epidemic have generated numerous decisions declaring whether business interruption losses are covered under commercial property and casualty insurance ...
Today’s unpredictable business environment poses risks that could disrupt operations. Property insurance does not cover earnings losses caused by downtimes and expenses used to resolve them. For ...
Though business interruption insurance coverage has existed for more than a century, the rise of cyber liability insurance policies has led courts to take another look at business interruption ...
Bill to ensure insurers can't deny claims due to closures forced by major events Washington - Today Rep. Mike Thompson (CA-05) announced the introduction of the Business Interruption Insurance ...
is included in most commercial property insurance policies and a component of first-party commercial property insurance policies; and provides coverage for lost profits and related costs when a ...
A New Jersey manufacturing company found itself in a jam when a third-party plastic packing wrap supplier went down. “Without the wrap, my client could not ship out its own goods,” noted Bill ...
Learn how equipment breakdown coverage protects your business from costly repairs due to sudden equipment failure, ensuring operational continuity and financial stability.