Massachusetts Joins Ohio, N.J. in Proposing COVID-19 Business Interruption Bill March 31, 2020 By Elizabeth Blosfield Massachusetts is one of the latest states to propose legislation that would mandate insurers cover COVID-19 related business interruption claims...
NY Regs Ask Insurers for Details of Business Interruption Policies in Wake of COVID-19 March 20, 2020 By Elizabeth Blosfield The New York State Department of Financial Services (DFS) has instructed insurers to submit details of business interruption policies that...
Proposed N.J. Bill Would Require Insurers to Pay COVID-19 Business Interruption Claims March 19, 2020 By Elizabeth Blosfield A proposed New Jersey bill, which aims to create business interruption insurance coverage for COVID-19 related claims despite virus exclusions...
Travel Businesses in California’s Big Sur Community Reeling After Bridge Closure March 22, 2017 By Haven Daley and Kristin J. Bender Almost all the hotels, restaurants and state parks cut off when a bridge on the Central California coast crumbled last...
Advising Businesses on Business Interruption Insurance March 17, 2017 By Chris Frederick With the recent late-winter storms that have hit the Northeast, many businesses could have suffered a loss of revenue they...
New York Businesses Advised to Check Insurance in Wake of Chelsea Terrorism Bombing September 20, 2016 By Elizabeth Blosfield New York Governor Andrew Cuomo has identified the incident where a bomb went off from inside a dumpster in New...
Marsh, Munich Re Launch Non-Damage Business Interruption Coverage for Life Sciences September 23, 2015 Marsh and Munich Re have launched non-damage business interruption insurance (NDBI) product that combines risk transfer and consulting services to...
Marsh Launches Catastrophic Cyber Policy For Large Companies September 4, 2014 Marsh, a global insurance broker, risk manager and a wholly owned subsidiary of Marsh & McLennan Cos., has launched a...
California City’s Bid To Close Sriracha Plant Denied November 1, 2013 A judge has refused to order an immediate halt to production of the internationally popular hot sauce Sriracha at a...
I.I.I. on Business Insurance Lessons Learned From Sandy October 4, 2013 The difficulty many businesses had reopening after Superstorm Sandy is a reminder of the importance of having a disaster recovery...