July 29, 2024
A Berkshire Hathaway insurer is insisting it does not owe $1.3 million in claimed business income losses to a cannabis growing company after a building fire shuttered one of its “flowering” rooms for 68 days. National Fire and Marine Insurance …
December 18, 2020
A federal district court in Virginia has ruled that a spa’s COVID-19-related business income loss lawsuit can move forward despite a virus exclusion in its insurance policy. The United States District Court for the Eastern District of Virginia, Norfolk Division, …
June 4, 2020
As the insurance industry faces litigation and questions over virus-related claim denials, it could soon be dealing with another business income hurdle due to the civil unrest that has taken place in many U.S. cities following the death of George …
September 13, 2017
The largest gas storage facility in the West halted using a third of the wells pumping methane underground at high pressure just weeks after it resumed operations following a blowout that crippled it for nearly two years. Southern California Gas …
September 12, 2017
The record head that baked Northern California over the Labor Day weekend left wine grapes shriveling on the vines, reducing many of them to raisins before the normal harvest and turning what was looking to be a promising vintage into …