Latest Business Interruption Headlines
All the headlines from our Business Interruption Topic Page, ordered by recency.
Business Income: It’s Really Easy
Apr 4 2011 // Few insurance coverages illicit such fear or visceral reaction as does business income coverage (aka time element). Without being too glib, business income concepts are actually simple to understand and explain to your...
Expanding Flood Insurance Options: Good Idea?
Mar 21 2011 // Expanding a federal program that is already $17 billion in debt might seem like a non-starter of an idea on budget-conscious Capitol Hill these days. However the idea is included in a Republican proposal to reform the...
Business Groups Back Expanding Federal Flood Insurance Options
Mar 14 2011 // Expanding a federal program that is already $17 billion in debt might seem like a non-starter of an idea on budget-sensitive Capitol Hill these days. However the idea is included in a Republican-drafted reform of the...
Republican Flood Insurance Bill Gets Positive Initial Reception
Mar 8 2011 // A Republican draft of legislation to reform the federal flood insurance program would renew the program for five years, phase out most rate subsidies, tie coverage limits to the rate of inflation, vary the deductible by...
Ohio’s Buckeye Insurance Group Launches Marias Technology
Jan 14 2011 // Buckeye Insurance Group, of Piqua, Ohio, has formed Marias Technology, an information technology company. The company’s announcement said Marias Technology provides a wide range of IT services in areas such as system...
Aon Names West to Head UK Business Continuity Practice
Dec 6 2010 // Aon announced that Vincent West has joined Aon Risk Solutions’, its global risk management business, Risk Consulting team in the UK to “head up, and build upon the success of its business continuity...
Aon Advises UK Businesses to Evaluate Continuity Plans Due to ‘Big Freeze’
Dec 3 2010 // A bulletin from Aon’s London office notes that the “Big Freeze in the UK shows no signs of abating.” It therefore is advising UK “businesses affected by the snow to constantly evaluate whether their...
Aon Finds Business Interruption Demand Grows, but Insurers Back Off
Nov 10 2010 // Aon came up with the conclusion that although recent events have “increased demand and enquiries for business interruption insurance,” there is a “decreasing appetite of insurers to pay claims for this...
Aon’s Jenkins Appointed President of London Business Interruption Ass’n.
Oct 6 2010 // The London Business Interruption Association (LBIA) has elected Aon’s Diane Jenkins as president for 2010/11. The LBIA aims to advance knowledge on all matters relating to business interruption and runs a series of...
Ironshore Environmental Expands Oil Spill Program to Hospitality Sector
Aug 23 2010 // Ironshore Environmental has expanded its suite of asset-class specific SPILLS programs to provide comprehensive environmental coverage to the Hospitality Sector. Ironshore’s Environmental Hospitality program offers...
NAS Expands Regulatory Business Interruption Coverage
Aug 13 2010 // NAS has expanded its Regulatory Business Interruption (RBI) product to include coverage for mandatory and voluntary evacuation. RBI provides companies with extra expense protection, on a per day basis, for business...
Understanding Business Income Claims During Times of Civil Unrest
Jul 19 2010 // California’s Mehserle Verdict a Reminder to Review Coverages While Oakland, Calif., police donned riot gear to ward off potential violence and vandalism following the Mehserle verdict announcement, businesses may be...
Calif. Mehserle Verdict a Reminder to Review Business Income Coverages
Jul 8 2010 // While Oakland, Calif., police donned riot gear to ward off potential violence and vandalism following the Mehserle verdict announcement, businesses may be wondering what insurance coverages are available to protect...
Marsh Appoints Woolley and Petit-Lambotte as EMEA P/C Leaders
Jun 24 2010 // Marsh has appointed Caroline Woolley as Property Practice Leader, and Alain Petit-Lambotte as Casualty Practice Leader, for Europe, the Middle East and Africa (EMEA). A bulletin from Marsh’s London office explained...
Business Interruption / Trade Name Restoration (TNR) Program Marks 12 Year Anniversary
May 19 2010 // Professional Liability Insurance Services, Inc. is the underwriting facility for the longest-running business interruption and extra expense coverage, for food borne illness, accidental contamination, malicious...
Out of Business
May 17 2010 // Ash spewing from an Iceland volcano halted air travel and countless business meetings and deals across Europe. In Times Square, hotels and businesses were shut down after a bomb was discovered in an abandoned car along...
Out of Business
May 17 2010 // Ash spewing from an Iceland volcano halted air travel and countless business meetings and deals across Europe. In Times Square, hotels and businesses were shut down after a bomb was discovered in an abandoned car along...
Businesses, Interrupted
May 17 2010 // All around the Gulf Coast, fishermen, motel owners, restaurateurs and other small businesses justifiably are concerned about what the future may hold as a result of the Deepwater Horizon oil spill off the coast of...
Insurance Industry Reacts to Gulf Coast Oil Spill
May 17 2010 // The blame game for the recent British Petroleum (BP) oil rig accident and subsequent oil spill is just getting started, as are the insurance implications of this disastrous event, according to underwriters and other...
Out of Business
May 17 2010 // Ash spewing from an Iceland volcano halted air travel and countless business meetings and deals across Europe. In Times Square, hotels and businesses were shut down after a bomb was discovered in an abandoned car along...
