Latest Business Interruption Headlines
All the headlines from our Business Interruption Topic Page, ordered by recency.
News Currents
Sep 25 2006 // Owners often overlook need for business interruption coverage Although most small business owners know they need property and casualty insurance for their premises, many don’t realize they need specialized insurance...
Insurers Have Work to Do on Own Business Continuity Plans
Sep 18 2006 // Insurance carriers recognize the need for having a business continuity plan in place, according to a survey recently conducted by IVANS, however, much work still needs to be done in the area of disaster recovery to be...
Owners Often Overlook Need for Business Interruption Coverage
Sep 11 2006 // Although most small business owners know they need property and casualty insurance for their premises, many don’t realize they need specialized insurance coverage to limit their losses from a disaster. Perhaps the...
Par for the course: golf club premiums
Aug 21 2006 // Golf and country clubs are complex risks that make it difficult for agents and brokers to know how premium dollars should be allocated. That task is even more difficult because each club is different. Private clubs are...
Par for the course: golf club premiums
Aug 21 2006 // Golf and country clubs are complex risks that make it difficult for agents and brokers to know how premium dollars should be allocated. That task is even more difficult because each club is different. Private clubs are...
Insuring energy risks for profit isn’t getting any easier
Aug 7 2006 // Recent experiences need to be translated into quality underwriting standards for the future Underwriting energy risks is not for the faint-hearted, even during the best of times. The nature of these risks (with high...
Insuring energy risks for profit isn’t getting any easier
Aug 7 2006 // Underwriting energy risks is not for the faint-hearted, even during the best of times. The nature of these risks (with high concentration of values, highly flammable substances, harsh operating conditions, often in hostile...
A tale of two New Orleans hotels
Jun 19 2006 // If there’s anything to be learned from last year’s hurricanes Katrina, Rita and Wilma, it’s that the value of relationships before, during and after a claim is immeasurable, according to Mel Bangs,...
Business continuity lessons from last season’s hurricanes
Jun 5 2006 // Hurricane season is here, and it is time to evaluate the lessons learned from last year’s hurricanes. It is vital to note that the degree of impact, from a corporate perspective, could have been mitigated with...
Business continuity lessons from hurricane season
Jun 5 2006 // Hurricane season 2006 is here and it is time to re-evaluate the lessons learned from last year’s destructive hurricanes. Due to the 2005 hurricanes’ size and strength, financial and operational repercussions...
Business continuity lessons from hurricane season
Jun 5 2006 // Hurricane season 2006 is here and it is time to re-evaluate the lessons learned from last year’s destructive hurricanes. Due to the 2005 hurricanes’ size and strength, financial and operational repercussions...
Business continuity lessons from hurricane season
Jun 5 2006 // Hurricane season 2006 is here and it is time to re-evaluate the lessons learned from last year’s destructive hurricanes. Due to the 2005 hurricanes’ size and strength, financial and operational repercussions...
Business continuity lessons from hurricane season
Jun 5 2006 // Hurricane season 2006 is here and it is time to re-evaluate the lessons learned from last year’s destructive hurricanes. Due to the 2005 hurricanes’ size and strength, financial and operational repercussions...
Business continuity lessons from last season’s hurricanes
Jun 5 2006 // Hurricane season is here, and it is time to evaluate the lessons learned from last year’s hurricanes. It is vital to note that the degree of impact, from a corporate perspective, could have been mitigated with...
A tale of two New Orleans hotels
May 22 2006 // If there’s anything to be learned from last year’s hurricanes Katrina, Rita and Wilma, it’s that the value of relationships before, during and after a claim is immeasurable, according to Mel Bangs,...
Avian Flu and the Property Casualty Industry
May 22 2006 // Insurance buyers are taking a close look at their insurance and risk management programs, looking for possible financial recourse in the event of an outbreak. It is therefore worthwhile to examine each line of coverage in...
Canada’s Suncor Energy Settles Business Interruption Insurance Claim
Apr 25 2006 // Suncor Energy Inc. reports that it has settled business interruption insurance claims related to a January 2005 fire at the company’s oil sands facilities. The total amount of the BI settlement is approximately $980...
Fitch Finds Life Insurers/Reinsurers Most at Risk from Bird-Flu Pandemic
Mar 28 2006 // Fitch Ratings has issued a report, “Bird-Flu – Will It Ruffle The Industry’s Feathers?” which indicates that “life insurers and their reinsurers would be most likely to be the hardest hit by a...
Often overlooked, accurate insurance-to-value should be a priority
Feb 19 2006 // There often are not many incentives for agents and brokers to calculate accurate property and business interruption values. When underwriting for commercial properties, insurers need to obtain accurate insurance-to-value...
Liberty Mutual Launches Online Business Interruption Training Tool
Nov 29 2005 // Liberty Mutual Property has launched online training capabilities for business interruption coverage, designed to address the most confusing and complicated aspect of property insurance. The Web-based training program...
