Many businesses have insurance packages that include coverage for business interruption. Now, because of the coronavirus shutdowns, many of those insured businesses face an interruption of business of ...
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 ...
UPDATE, APRIL 15: Chef Thomas Keller, whose attorney was interviewed by NBC Bay Area for this story, today published an opinion piece for NBC News. Click here to read the story. PREVIOUS UPDATE, APRIL ...
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 ...
The N.B.A.’s Houston Rockets and restaurants like Chez Panisse are among those suing their insurers for refusing to pay “business interruption” claims during the coronavirus outbreak. By Mary Williams ...
Modern travel is unpredictable. Flights are delayed, businesses face sudden disruptions, and personal emergencies rarely check your calendar before they arrive. For many travelers, these realities ...
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Business interruption insurance compensates a business for certain specified categories of costs in the event of catastrophic events. Three categories that may be covered are 1) profits that would ...
Business interruption insurance can help a business continue to pay its bills while it is closed or its income is down because of a disaster. The coverage can be valuable if your business has to ...
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