Property Insurance Coverage Law

SEPTEMBER 9, 2024

Many property adjusters and policyholders often think of business income and interruption claims as being solely an accounting function. This is not true because there must be a determination of the “period of restoration.” Does the Panel Have to State the Period of Restoration In the Appraisal Award?

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Property Insurance Coverage Law

SEPTEMBER 10, 2024

This is especially true when the policy calls for arbitration of a commercial dispute, where the costs of the arbitration panel can run into hundreds of thousands of dollars and discovery is conducted, with parties paying for arbitrators, … The post Appraising Facts Regarding Business Income Loss Much More Efficiently Than Litigating and Then (..)

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Insurance Journal

SEPTEMBER 6, 2024

The owners of London’s ExCel conference center on Friday won an appeal brought by insurers, including Allianz, over pandemic-related losses, which its lawyers said could help thousands of other policyholders. London International Exhibition Centre Plc took legal action at London’s …

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Policyholder Insurance Insurer Insured 260

Property Insurance Coverage Law

OCTOBER 27, 2024

The recent voluntary dismissal of the Erie COVID-19 Business Interruption Protection Insurance Litigation marks the end of a significant chapter in insurance coverage law.1

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Protect Commercial Insurance

JANUARY 21, 2021

FCA Test Case: Response of non-damage business interruption extensions to COVID-19 losses Supreme Court Decision: Update 19 January 2021 The Supreme Court judgment in the FCA Business Interruption Test Case was published on Friday 15 January 2021.

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Triple-I: Business Insurance

APRIL 24, 2023

Investment in a lightning protection system could have saved this business owner – and his insurer – the million dollars lost and prevented business interruption. Several insurers offer premium discounts for policyholders who invest in lightning protection systems.

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Risk Business Interruption Damage Protection 52

Hunton Andrews Kurth

MARCH 11, 2021

Given the heightened risk to its business posed by a disruption stemming from food contamination, Nashville Underground purchased a special coverage for business interruption due to “Food Contamination.” food-related illness of one or more persons arising out of . . .

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