business-interruption insurance

• High Commercial-Claim Activity Expected in Wake of Sandy

  By Arthur D. Postal, PropertyCasualty360.com  |  October 30, 2012

  Hurricane Sandy is a storm with little precedent on the East Coast and is likely to trigger a significant volume of commercial-property claims, according to officials at insurance broker Willis North America.

• Be Prepared

  By Jack Roche  |  June 1, 2012

  Disaster recovery planning presents an opportunity to help customers prepare for the worst

• Hires and Promotions at The Graham Co., Asterisk Financial, SPRISKA, Narragansett Bay, Founders and Companion P&C - Around the Industry

  By Staff Writer  |  March 7, 2012

  Grange, Crump, OSC & 24 Asset Mgmt., MSO, K&B Underwriters and CFC Underwriting Introduce Programs; K&K Expands Rink Program

• Insurers Contemplate UK Riot Losses

  By Chad Hemenway, PropertyCasualty360.com  |  August 11, 2011

  The Association of British Insurers (ABI) says carriers are expecting “significant losses” of more than 100 million pounds ($162 million at current exchange rate) from damages caused by rioting in boroughs of London and other cities.

• ‘Significant Losses’ Expected From UK Riots

  By Chad Hemenway, PropertyCasualty360.com  |  August 9, 2011

  The Association of British Insurers says insurers are expecting “significant losses” of more than 100 million pounds ($162 million) from damages caused by rioting in boroughs of London and other cities.

• Avoiding A Nightmare On Main Street

  By Steve Ward  |  July 29, 2011

  When a fire closed the family-owned Larez restaurant in Carlsbad, N.M., the owners were devastated.

• Churchill Downs Working to Determine Coverage for Damages

  By Chad Hemenway, PropertyCasualty360.com  |  June 23, 2011

  Churchill Downs Incorporated says it has property and business interruption insurance on its racing properties to cover losses related to a tornado that hit the Kentucky Derby horse track June 22.

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  House Committee Approves Flood Program Extension; Bill Goes To House Floor

  By Arthur D. Postal, PropertyCasualty360.com  |  May 13, 2011

  The House Financial Services Committee reported to the House floor legislation reauthorizing the National Flood Insurance Program for five years. The vote was unanimous.

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  Insurance Covers Full Replacement of Snow-Damaged Metrodome Roof

  By Associated Press  |  February 12, 2011

  The landlords of the Metrodome said work could get underway to replace the snow-collapsed roof by the middle of March, at an estimated cost of $18.3 million. Dome officials said all but a $25,000 deductible will be covered by insurance.

• Interpreting Business Income Claims

  By Richard Holstrom,CPA/cff, Cfe  |  December 1, 2010

  A recent ruling will potentially have an impact on Calif. insurers and insureds, and it may also have an impact on claims outside of the state.

• How Insurance Contributes To Society

  By Scott G. Stephenson  |  November 22, 2010

  Over the years, the insurance industry has made significant contributions to the advancement of business and financial risk management.

• Obama Signs Flood Program Extension, But Industry Calling For Major Reforms

  By Arthur D. Postal, PropertyCasualty360.com  |  October 11, 2010

  President Barack Obama signed into law legislation extending the National Flood Insurance Program as is until Sept. 30, 2011--averting what would have been yet another shutdown of the federal catastrophe coverage plan.

• Pres. Obama Signs 1-Year NFIP Extension

  By Arthur D. Postal, PropertyCasualty360.com  |  October 1, 2010

  President Obama late Thursday signed into law legislation extending the National Flood Insurance Program until Sept. 30--averting what would have been another shutdown of the program.

• NFIP Gets One-Year Extension

  By Mark E. Ruquet, PropertyCasualty360.com  |  September 27, 2010

  A bill extending the National Flood Insurance Program for another year passed the House of Representatives yesterday and was sent to the White House.

• NFIP Gets One-Year Extension

  By Mark E. Ruquet, PropertyCasualty360.com  |  September 24, 2010

  A bill extending the National Flood Insurance Program for another year passed the House of Representatives yesterday and was sent to the White House.

• Agents Must Insulate Themselves To Bounce Back From A Disaster

  By Mark E. Ruquet, PropertyCasualty360.com  |  September 6, 2010

  If there is one thing that is continually stressed in any discussion about catastrophe management for insurance agencies, it is having a plan in place and knowing what it is.