INSURANCE LAW BLOG

Tag Archives: business interruption

Last year, we wrote an article published in the Corporate Counselor that discussed the coverage consequences of business interruptions caused by unprecedented flooding of the Mississippi River.  In the article, we discussed the fact that the flooding could cause supply … Continue reading

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Tags:    business interruption, insurance coverage, insurance recovery

With Hurricane Sandy only days in the past, many businesses already are beginning to rebuild and start the process of recouping the losses they sustained.  Many of these businesses will find that insurance that they already own may pay for … Continue reading

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Tags:    business interruption, hurricane sandy, insurance recovery, property damage, Superstorm Sandy

Hurricane Sandy was a major event that caused companies in all sectors to incur direct property damage and massive losses because of interrupted business operations.  The direct costs of the storm have been estimated at as much as $20 billion … Continue reading

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Tags:    business interruption, contingent business interruption, hurricane sandy, insurance, insurance recovery, property damage

Insurance coverage may be available for companies both within and outside of the directly-affected area.

Superstorm Sandy no doubt will go down in history as one of the Nation’s most costly natural disasters.  Some experts already have estimated that property … Continue reading

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Tags:    business interruption, contingent business interruption, hurricane sandy, insurance, insurance recovery, property damage