Misconceptions about business interruption insurance lead to coverage gaps and claim disputes.

Cumulatively, lightning-related fires account for $2 billion in annual payouts to small- and medium-sized businesses.

Under Connecticut law, 'actual impairment' could be interpreted to include the reallocation of resources following a cyberattack.

Insurers should watch for several factors that could be red flags for fraudulent claims: opportunity, incentive and rationalization.