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 ...
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 ...
“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 ...
Most business owners prepare for the visible risks like insuring the building, equipment, and even insure against lawsuits.
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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