Commercial Property Program


June 25, 2008

Flood—Protecting Undamaged Property during Repairs Q Our client owns a strip mall which was damaged by a flood. He was insured through the National…

June 25, 2008

Overview of AAIS CommercialOutput Program (COP)November, 2002American Association of Insurance ServicesSummary: The American…

June 24, 2008
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Discusses calculation of deductible for business income loss.

June 24, 2008
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U.S. appeals court rules that janitorial service has insurable interest in WTC buildings, and business income loss caused by terrorist attacks is covered.

June 24, 2008
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Business interruption provides coverage for restoration of operations.

Period of Indemnity and Period of Restoration Can you explain the difference between the period of indemnity and the period of restoration? California…

June 24, 2008

Discusses if a monetary deductible applies to business income coverage.

June 24, 2008

Does an overflowing washing machine constitute a flood?

June 24, 2008

What happens when income loss is due to storm without damage.

A tenant with a BOP is unable to inhabit the premises because a hurricane took off the roof. Additionally, there was an off-premises power outage. The adjuster denies business income coverage.