A federal court in New Jersey has ruled that losses stemming from an electrical outage caused by Sandy were not covered by the business insurance policy.
A federal court in New Jersey has ruled that losses stemming from an electrical outage caused by Sandy were not covered by the business insurance policy.
If your office building is damaged in a fire, or your property is damaged in a severe storm, you may have expenses you didn't plan on. Are you covered?
Many insurers routinely refer business income claims to CPAs and forensic accountants, and the result is that insurers incur substantial adjustment expense.
It has made inroads into specialty lines, while interest in contingent business income remains elevated in the wake of catastrophes disrupting supply chains.