The company filed claims with Hartford for the business interruption losses it suffered because of lost sales from the ...
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 ...
UK pubs face a March 2026 deadline to pursue Covid-19 Business Interruption insurance claims, despite major legal rulings ...
Any time a natural disaster or man-made crisis strikes, businesses often must suspend operations or operate at reduced capacity for a time. Business interruption insurance can protect business owners ...
In June, the United States Bureau of Labor and Statistics reported the national unemployment rate is 11.1 percent. While this is an improvement from the 13.3 percent unemployment rate in May, many ...
BOISE, Idaho -- Many of us did not see a pandemic coming. Just think back five or six months ago, when we were worried about holiday gifts and gatherings. We would have never predicted a coronavirus ...
Business interruption insurance is designed to compensate businesses for income lost during periods when their normal operations are disrupted by events such as fire, flood, or civil unrest. The ...
Gross Profit Calculation Challenges in Business Interruption Insurance After UAE Floods and COVID-19
Often, forensic accountants face practical challenges when calculating business interruption (BI) losses. These issues have been highlighted by recent claims following COVID-19 and the 2024 storm in ...
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 ...
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What is business interruption insurance?
Business interruption insurance policies can help when unforeseen events shut down operations. Learn how business interruption insurance works and what it covers.
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