Mining Underwriters Look to Commodity Price Caps to Limit Potentially Devastating BI Losses

Underwriters of property coverage for mining operations identify business interruption as one of their biggest challengesbecause severe fluctuations in commodity pricing can make it difficult to accurately gauge the ultimate exposure.

By Caroline McDonald | Updated on March 08, 2012

Underwriters of property coverage for mining operations identify business interruption as one of their biggest challenges—because severe fluctuations in commodity pricing can make it difficult to accurately gauge the ultimate exposure.

The underwriters expressing this view were members of a panel discussion at the 2012 North American Mining Summit in St. Louis, hosted by Lockton.

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