Discusses substation and transformer breakdowns and business income coverage.

Waiting Period Not the Same as a Deductible Our insured had a business income loss that resulted in a twenty-eight hour closure. The property deductibles…

Period of Indemnity ExtensionEndorsement and Loss of Rents Q A multi-unit apartment building owned by one of our insureds was damaged by fire. Six…

Discusses business income expense of valuable papers and records.

Employee's Salary a Continuing Operating Expense Who decides which employees and their payroll remain during the period of restoration? The insured…

Discusses whether overtime production costs should be covered as extra expense.

Contractor's Profit Where the Insured Performs Repair Q I insure a company that owns a dry dock that was damaged when a boat tipped onto it. The dry…

Discusses business income coverage for triple net leases.

Discusses whether a loss of tax credits is a qualifying business income loss.

Our insured is a retail fish market located on Main St. On 12/31/01 a water main broke which flooded a number of businesses located on the opposite…