Los Angeles business owners suffered heavy losses after the Palisades and Eaton fires. Some saw their buildings and inventory reduced to rubble, while others lost their customer bases as communities ...

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 ...

Business interruption insurance can reimburse you for lost income while you rebuild after theft, fire or disaster. Many, or all, of the products featured on this page are from our advertising partners ...

No one wants to think about a business interruption loss, let alone plan for it. However, fire claims, water damage claims, and more frequent extreme weather-related disasters have made business ...

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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 ...

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When a disaster forces a business to close its doors, the lost income can quickly put the company’s finances in the red. Without a steady income, a temporary closure could become permanent. Business ...

This article discusses A.B. 10342, a newly passed bill by Governor Kathy Hochul "which amended New York State insurance law to authorize, for the first time, stand-alone business interruption ...

Insurers were mostly victorious in the initial business interruption lawsuits filed in the wake of the COVID-19 shutdowns that began in March 2020. Those rulings mainly came from federal courts. Now ...

Few industries evaded the effects of the COVID-19 pandemic. But for the insurance industry, the effects were twofold. On one hand, COVID impeded insurance firms from conducting business as usual. On ...