As recent disasters--both natural and manmade--have dramaticallyincreased the number of business interruption claims, coveragechallenges have become a more important issue to corporateinsurance buyers.

Understanding the criteria used to evaluate businessinterruption coverage claims has become a critical factor inavoiding litigation and resolving coverage claims.

Buyers should gauge the following criteria to better deal withcoverage problems: direct physical loss to specific property, proofof business interruption and actual monetary loss.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.