Business Interruption and Policyholder - Insurance Industry Brief

Can an Appraisal Panel Determine the Period of Restoration for a Business Interruption Dispute? Does the Panel Have to State the Period of Restoration In the Appraisal Award?

Property Insurance Coverage Law

SEPTEMBER 9, 2024

Many property adjusters and policyholders often think of business income and interruption claims as being solely an accounting function. This is not true because there must be a determination of the “period of restoration.” Does the Panel Have to State the Period of Restoration In the Appraisal Award?

Business Interruption

Business Interruption Policyholder Property Insurance Claim

Appraising Facts Regarding Business Income Loss Much More Efficiently Than Litigating and Then Appraising Business Interruption Losses

Property Insurance Coverage Law

SEPTEMBER 10, 2024

This is especially true when the policy calls for arbitration of a commercial dispute, where the costs of the arbitration panel can run into hundreds of thousands of dollars and discovery is conducted, with parties paying for arbitrators, … The post Appraising Facts Regarding Business Income Loss Much More Efficiently Than Litigating and Then (..)

Business Interruption

Business Interruption Commercial Property Insurance Policy

London’s ExCel Centre Wins Insurance Appeal Over COVID-19 Losses

Insurance Journal

SEPTEMBER 6, 2024

The owners of London’s ExCel conference center on Friday won an appeal brought by insurers, including Allianz, over pandemic-related losses, which its lawyers said could help thousands of other policyholders. London International Exhibition Centre Plc took legal action at London’s …

Policyholder

Policyholder Insurer Insurance Insured

How Agents Can Offer Risk Management Solutions That Save Clients Money

American Agents Alliance

MAY 26, 2025

Agents can differentiate themselves and add value to their services by helping policyholders proactively manage risk, not just insure it. Risk management solutions can help lower a policyholders total cost of risk and increase retention. Even personal lines customers and small businesses can benefit from a risk assessment.

Agents

Agents Risk Policyholder Broker-Agent

Reflections on the Erie COVID-19 MDL: A Bittersweet Journey Through Unprecedented Insurance Coverage Territory

Property Insurance Coverage Law

OCTOBER 27, 2024

The recent voluntary dismissal of the Erie COVID-19 Business Interruption Protection Insurance Litigation marks the end of a significant chapter in insurance coverage law.1

Business Interruption

Business Interruption Policyholder Property Insurance Insurer

How Agents Can Help Policyholders Prepare for Catastrophic Weather Events

American Agents Alliance

MAY 6, 2025

Find out more about how agents can help policyholders manage catastrophic weather events in this blog. Talk with policyholders before the next storm or wildfire hits. Try sending personalized messages to policyholders based on their coverage needs. This creates both an opportunity and a challenge for independent agents.

Policyholder

Policyholder Agents Business Interruption Risk

Building Cyber Resilience: Your Guide for Internet Safety Month

Cowbell

MAY 29, 2025

Cowbell partners with Wizer to offer microlearning videos and phishing simulations for all policyholders at no additional cost during their first policy year. Deliver Cybersecurity Awareness Training Human error causes nearly 70% of breaches. Cybersecurity training reduces risk and saves money.

Cyber

Cyber Building Business Interruption Risk

FCA Test Case: Supreme Court Update

Protect Commercial Insurance

JANUARY 21, 2021

FCA Test Case: Response of non-damage business interruption extensions to COVID-19 losses Supreme Court Decision: Update 19 January 2021 The Supreme Court judgment in the FCA Business Interruption Test Case was published on Friday 15 January 2021.

Business Interruption

Business Interruption Policyholder Claim Commercial

Beyond Fire: Triple-I Interview Unravels Lightning-Risk Complexity

Triple-I: Business Insurance

APRIL 24, 2023

Investment in a lightning protection system could have saved this business owner – and his insurer – the million dollars lost and prevented business interruption. Several insurers offer premium discounts for policyholders who invest in lightning protection systems.

Risk

Risk Business Interruption Damage Protection

Common Myths About Commercial Insurance Debunked

Protect Commercial Insurance

JUNE 27, 2024

Insurance policies such as property, liability, and professional indemnity can provide a crucial safety net, making it essential for businesses of all sizes. This type of insurance doesn’t grant carte blanche coverage for all possible interruptions. However, this type of insurance typically has defined limits and exclusions.

Commercial Insurance

Commercial Insurance Commercial Cyber Business Interruption

Recall Roundup: February

Hunton Andrews Kurth

MARCH 11, 2021

Given the heightened risk to its business posed by a disruption stemming from food contamination, Nashville Underground purchased a special coverage for business interruption due to “Food Contamination.” food-related illness of one or more persons arising out of . . .

Business Interruption

Business Interruption Injury Policy Protection

Cyberrisk Management Tips for Businesses Amid the Russia-Ukraine War

Risk Management Monitor

MARCH 4, 2022

A wide range of risks are trickling down from Russia’s assault on Ukraine , from sanctions compliance to supply chain disruption to business interruption. and “How can we still work without any technology support?”.

Cyber

Cyber Business Interruption Risk Policy

Staying Vigilant Amidst the Chaos of Natural Disaster

Cowbell

OCTOBER 11, 2024

Cybercriminals will often target small businesses that may be scrambling to resume operations and are less likely to be vigilant about cybersecurity in the wake of a disaster. This can add another layer of complexity while trying to limit business interruption.

Cyber

Cyber Business Interruption Policyholder Claim

Cyber Incident? Cyber Insurance Can Help Clients “Shake It Off”

ProWriters

JUNE 4, 2025

Forensic IT investigation allows policyholders to move more quickly to retrieve or reconstruct stolen information. Cyber Insurance can help cover lost income, including income lost due to business interruption and downtime. It can also pinpoint a breachs cause and scope.

Cyber

Cyber Liability Insurance Liability Insurer

The Evolution of Commercial Insurance: Key Trends to Watch in 2025

Protect Commercial Insurance

DECEMBER 6, 2024

As we look towards 2025, businesses are keenly aware of the potential for future global health crises. Insurance products addressing pandemic risks will likely evolve to include integrated response plansspanning business interruption, supply chain disruption, and employee health coverage.

Commercial Insurance

Commercial Insurance Commercial Insurer Insurance

Recovery Tips in the Wake of Hurricane Ian and Hurricane Fiona

Risk Management Monitor

SEPTEMBER 30, 2022

This may be in a provision titled “Duties in the Event of Loss” that allows the insurer to interview the policyholder claimants in a process called an “examination under oath.” Property policies typically allow the insurer to conduct a reasonable investigation of the claim and require the insured’s cooperation.

Damage

Damage Claim Broker-Agent Risk

Insurance Industry Brief

Can an Appraisal Panel Determine the Period of Restoration for a Business Interruption Dispute? Does the Panel Have to State the Period of Restoration In the Appraisal Award?

Appraising Facts Regarding Business Income Loss Much More Efficiently Than Litigating and Then Appraising Business Interruption Losses

Trending Sources

London’s ExCel Centre Wins Insurance Appeal Over COVID-19 Losses

How Agents Can Offer Risk Management Solutions That Save Clients Money

Reflections on the Erie COVID-19 MDL: A Bittersweet Journey Through Unprecedented Insurance Coverage Territory

How Agents Can Help Policyholders Prepare for Catastrophic Weather Events

Building Cyber Resilience: Your Guide for Internet Safety Month

FCA Test Case: Supreme Court Update

Beyond Fire: Triple-I Interview Unravels Lightning-Risk Complexity

Common Myths About Commercial Insurance Debunked

Recall Roundup: February

Cyberrisk Management Tips for Businesses Amid the Russia-Ukraine War

Staying Vigilant Amidst the Chaos of Natural Disaster

Cyber Incident? Cyber Insurance Can Help Clients “Shake It Off”

The Evolution of Commercial Insurance: Key Trends to Watch in 2025

Recovery Tips in the Wake of Hurricane Ian and Hurricane Fiona

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