Today’s unpredictable business environment poses risks that could disrupt operations. Property insurance does not cover earnings losses caused by downtimes and expenses used to resolve them. For ...
In June, the United States Bureau of Labor and Statistics reported the national unemployment rate is 11.1 percent. While this is an improvement from the 13.3 percent unemployment rate in May, many ...
Business interruption insurance is designed to compensate businesses for income lost during periods when their normal operations are disrupted by events such as fire, flood, or civil unrest. The ...
Business interruption insurance is like the “lost and found” of business insurance. I’ll explain why. The sad story of Bill and Gary’s Famous Bookstore. Bruce Sackrison is an insurance property and ...
A New Jersey manufacturing company found itself in a jam when a third-party plastic packing wrap supplier went down. “Without the wrap, my client could not ship out its own goods,” noted Bill ...
MIAMI--(BUSINESS WIRE)--Cyber incidents, changes in climate, and business interruption are the chief risk concerns among key marketplace segments in the insurance industry, a new survey from Munich ...
This article discusses A.B. 10342, a newly passed bill by Governor Kathy Hochul "which amended New York State insurance law to authorize, for the first time, stand-alone business interruption ...
Basic policies have gaps that could leave your small business fighting to reopen. Consider additional endorsements in case you experience utility failure or your supplier can’t operate due to a peril.