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 ...
Discover what a period of indemnity is in insurance, how it impacts business interruption claims, and examples of extended indemnity coverage in policies.
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 ...
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Small business insurance helps to secure your LLC's financial health, preventing its assets from being wiped out by a liability claim, workplace injury or property loss.
Discover Maximum Foreseeable Loss (MFL) in business insurance, detailing how it impacts policies and protects against worst-case scenarios for business properties.
"I think it's a win for whichever party wants to be in federal court," Jay Lavroff, a lawyer at Lindabury, McCormick, Estrabrook & Cooper in Westfield, New Jersey, said. "In COVID ...
Hospitality trade bodies have signed an open letter to the Financial Conduct Authority (FCA) urging it to intervene as the ...
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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