Charley, Frances, Ivan, Jeanne, Katrina, Rita, and Wilma. Society at large might wonder if these are the latest American Idol contestants, or perhaps the newest, most popular names for babies.
Insureds can't recover for claims they won't discuss under oathThe insureds in this Alabama case owned a convenience store. They bought an insurance policy for it that had a coverage period commencing March 13, 2001. The insureds submitted claims
MAYBE OBI-WAN was right. Once you start down the path to the Dark Side, it will forever rule your destiny. This seems to be true--at least if you go by my experience in seminar teaching. Clearly many insurance folks--once normal,
Appraisal is a tool widely-used to settle disputes involving the value of a loss, and it has gained popularity over the past decade as a relatively quick, supposedly inexpensive, and substantially final method of determining damages.
Many agency staff (and, yes, even owners) inwardly cringe when the subject of business interruption arises. It seems to be a topic that confuses some, disheartens others and fills most CSRs with a sense of dread. The reason for this almost universal
Business Interruption Can Be Tough To Figure Without direct physical damage to covered property, coverage is not triggeredJudging by the number and types of questions ...
9/11 Spotlights Business Interruption Threat What is the art and science of establishing the accurate limit of coverage?All (insurance) eyes are trained on a courtroom ...
Business Disruption Claims: Lawyers PerspectiveEven those of us who witnessed the events of Sept. 11 at close range still have difficulty believing it really happened. ...
FC&S Ponders Business Income ClaimsThe answer to the multibillion-dollar question of how big the ultimate insured loss from the terrorist attacks on America will be ...