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 ...
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 an environment with persistent supply chain disruptions, price escalations, cyber-attacks, and natural disasters, businesses are facing risks that are more difficult to avoid. Financial losses ...
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 ...
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 Reinsurance America Inc. ( ...
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 ...
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 ...
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 ...
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