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 ...

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 ...

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 ...

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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“The definition of business interruption insurance is rather straightforward,” states Anderson. “This type of insurance covers income lost when a business owner has to close their doors due to a ...

Every business operates under a different risk profile. Coverage should reflect operational realities, regulatory ...

Congressman Mike Thompson on Tuesday introduced the Business Interruption Insurance Coverage Act, a bill that would greatly limit insurers’ ability to deny business interruption claims in the wake of ...