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 ...

CFC has introduced a new extension to its Cyber Proactive Response policy for small and medium-sized enterprises. The product, called customer business interruption, is designed to address contingent ...

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 ...

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 ...

MIAMI--(BUSINESS WIRE)--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 ...

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 ...

Most business owners prepare for the visible risks like insuring the building, equipment, and even insure against lawsuits. What far fewer business owners plan for is what happens to the business ...

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 ...

A business owner's policy is a packaged insurance policy that includes general liability coverage and property insurance ...

July 19 (Reuters) - Insurers could face a raft of business interruption claims after a worldwide tech outage crippled industries from travel to finance on Friday, insurance industry experts said. A ...