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Monthly Archives: April 2012
Weathering the Storm: Insurance for Severe Weather Events
The recent outbreak of storms from the Great Lakes to the Gulf Coast resulting in a series of epic tornados serves as a reminder of how severe weather can disrupt lives and businesses. The damage that can be caused by … Continue reading
Posted in Business Interruption, First Party Property, General, General Liability
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Business Interruption, Contingent Business Interruption And Counting Occurrences In Natural Disasters — The 72-Hour Clause
As a consequence of the disasters in Japan and Thailand in 2011, many companies are working through the process of presenting business (or contingent business) interruption claims due to supply chain disruption. Such losses also are called “time element losses.” … Continue reading
Posted in Business Interruption, First Party Property
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