Latest Business Interruption Headlines
All the headlines from our Business Interruption Topic Page, ordered by recency.
BIBA, CII Schedule Business Interruption ‘Masterclass’ Nov. 25
Oct 18 2005 // Popular demand for their previous Business Interruption “Masterclasses” has been so great that the British Insurance Brokers Association (BIBA) and the Chartered Insurance Institute (CII) have scheduled an...
Business Interruption: When Has the Insurer Satisfied Its Obligation?
Aug 8 2005 // One of the most problematic insurance questions that developed following the destruction of the World Trade Center on Sept. 11, 2001, involved business interruption coverage. With the destruction of the World Trade Center...
BILOXI COVERS ITS BETS WITH BUSINESS INTERRUPTION INSURANCE
Jul 18 2005 // If a storm or hurricane hits Biloxi, Miss., and closes area casinos, the city will have all bets covered. The city, which obtains $20 million a year or about one-third of its annual operating revenue by taxing nine...
ACE USA Unveils ACE Spectra
Feb 7 2005 // ACE USA, the U.S.-based retail operations of The ACE Group of Companies has introduced ACE Spectra, an admitted insurance product that provides coverage for property damage and business interruption resulting from a...
Trade Group Joins Council to Coordinate Financial Services’ Business Continuity Efforts
Jan 5 2005 // The Financial Services Sector Coordinating Council for Critical Infrastructure Protection and Homeland Security (FSSCC) announced that the American Insurance Association (AIA) has joined 27 other financial services...
Disaster Recovery Planning Heads Report Partnership to Help Businesses Prevent Loss
Oct 12 2004 // The Institute for Business & Home Safety (IBHS) and the Global Partnership for Preparedness (GPP) have announced a partnership to pilot test a new disaster planning toolkit at the launch of the Global Partnership for...
PCI: Fla. Businesses Hit Hard by Charley
Aug 26 2004 // Florida businesses appear to have suffered a significant portion of the overall damage from Hurricane Charley, according to the Property Casualty Insurers Association of America (PCI). Wednesday’s estimate by the...
Small Firms Strengthen South Central Economy
Apr 19 2004 // In 2002-2003, gross domestic product continued to rise nationwide, while growth in employment remained slow to recover. Small businesses continued to be a source of economic strength. According to the Small Business...
XDimensional Technologies Delivers Business Continuity Operations and Disaster Recovery for its Customers
Mar 2 2004 // XDimensional Technologies Inc., the provider of Nexsure, a hosted agency management solution, has completed a revision and enhancement of its business continuity systems and now offers its customers uninterrupted business...
XDimensional Technologies®, Inc. Delivers State-of-the-Art Business Continuity Operations and Disaster Recovery
Feb 26 2004 // XDimensional Technologies®, Inc. Delivers State-of-the-Art Business Continuity Operations and Disaster Recovery
XDimensional Technologies®, Inc. Delivers State-of-the-Art Business Continuity Operations and Disaster Recovery
Feb 25 2004 // XDimensional Technologies Inc., the provider of Nexsure™, a hosted insurance agency management solution, announced today it has completed a revision and enhancement of its business continuity systems and now offers its...
Safeco Survey Finds Small-Business Owners Ill-Prepared When Disaster Strikes
Oct 22 2003 // A new nationwide survey by Safeco Corp. found most small-business owners are ill-prepared to recover costs if disaster strikes, such as company’s payroll, operating expenses and profits, and aren’t...
I.I.I. Says Most Companies Have Cyber-Risk Gaps in Their Coverage
Aug 14 2003 // As companies become more dependent on their computer networks for vital data, business continuity and communications, their vulnerability to cyber catastrophes reportedly increases. “Unfortunately, most companies are...
Insure the Game You Love to Play
Aug 4 2003 // Like most other industries, clubs have been impacted a great deal by the hardening market. While recent pricing has improved slightly, clubs still face pricing, stability and consistency issues with respect to their...
AIG eBusiness Risk Solutions Expands Coverage Against Cyber Security Threats
May 7 2003 // AIG eBusiness Risk Solutions (AIG eBRS), a unit of the property and casualty subsidiaries of American International Group, Inc. (AIG) has enhanced its AIG NetAdvantage® Suite of network security insurance and risk...
Risk Manager Don’t See Increased Risk from War with Iraq
Apr 21 2003 // An overwhelming 84 percent of professional risk managers think risks to their organizations’ operations have not increased at all or have increased only slightly since the start of the U.S. war with Iraq last month,...
Risk Managers Don’t See Increased Risk from War With Iraq
Apr 9 2003 // An overwhelming 84 percent of professional risk managers think risks to their organizations’ operations have not increased at all or have increased only slightly since the start of the U.S. war with Iraq, according...
NAII Calls on Congress to Act on Terrorism Reinsurance Legislation Before Adjournment
Oct 16 2002 // If Congress adjourns without reaching a final agreement on terrorism reinsurance legislation, insurance markets for such coverage will continue to be plagued by availability and affordability issues, particularly for...
An Exact Science: Insuring Biotech Takes Know-How
Sep 30 2002 // As far as commercial property and casualty coverages are concerned, it goes without saying that individual companies require specific types of policies to most effectively address risks inherent to their industries. The...
NAII Pens Letter to Congress for federal terrorism reinsurance backstop
Sep 24 2002 // Insurance markets for terrorism coverage remain troubled particularly for commercial property, workers’ compensation and group life markets, according to the National Association of Independent Insurers (NAII)....
