When Hurricane Sandy struck New Jersey last week, one of my out-of-state lawyer friends, employing the sort of dark humor that perhaps only other lawyers can appreciate, congratulated me on my “happy positioning in the world’s greatest business interruption insurance goldmine.” I told him that, unfortunately, this time I might be a plaintiff instead of
Business Interruption
Extreme business interruption insurance
By Gene Killian on
Posted in Business Interruption, Emerging Trends
Saw this post over at Property-Casualty 360 and got a kick out of it. Enjoy.
Contingent Business Interruption Coverage
By Gene Killian on
Posted in Business Interruption
Here’s a pretty good article from ABC news about how contingent business interruption coverage works. There have been a lot of questions about this coverage folowing the earthquake in Japan.
More on Business Interruption Insurance
By Gene Killian on
Posted in Bad Faith, Business Interruption
In the last post, we took a look at the Dictiomatic case, in which the policyholder took a beating for overreaching on a business interruption claim. Turnabout being fair play, let’s now have a look at a recent case in which the insurance company got thumped in the business interruption arena. The case is Amerigraphics…
Business Interruption Insurance
By Gene Killian on
Posted in Business Interruption, Evidence
I’m getting ready to speak at an ABA-TIPS conference on the topic of business interruption insurance. Given the number of horrible tragedies we’ve been through in the past decade (prayers for all those affected by the earthquake in Japan), it’s certainly a timely subject.
To cut to the chase: Business interruption insurance is designed to…