Today’s unpredictable business environment poses risks that could disrupt operations. Property insurance does not cover earnings losses caused by downtimes and ...

July 19 (Reuters) - Insurers could face a raft of business interruption claims after a worldwide tech outage crippled industries from travel to finance on Friday, insurance industry experts said. A ...

Often, forensic accountants face practical challenges when calculating business interruption (BI) losses. These issues have been highlighted by recent claims following COVID-19 and the 2024 storm in ...

BOISE, Idaho -- Many of us did not see a pandemic coming. Just think back five or six months ago, when we were worried about holiday gifts and gatherings. We would have never predicted a coronavirus ...

Any time a natural disaster or man-made crisis strikes, businesses often must suspend operations or operate at reduced capacity for a time. Business interruption insurance can protect business owners ...

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 ...

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 ...

CFC has introduced a new extension to its Cyber Proactive Response policy for small and medium-sized enterprises. The product, called customer business interruption, is designed to address contingent ...

Most business owners prepare for the visible risks like insuring the building, equipment, and even insure against lawsuits. What far fewer business owners plan for is what happens to the business ...

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 ...