Business interruption insurance policies can help when unforeseen events shut down operations. Learn how business interruption insurance works and what it covers.

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 ...

When COVID-19 first disrupted the global economy in March 2020, businesses in Pennsylvania and New Jersey—like their counterparts nationwide—turned to insurance as a possible safety net. Many ...

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 ...

The recent fires in Los Angeles have left many businesses grappling with significant disruptions. For business owners, navigating the aftermath of such a catastrophe often includes understanding how ...

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 ...

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 ...

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 ...

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 ...

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 ...