Jaszczuk P.C. challenges insurance industry’s “knee-jerk” reaction to business interruption insurance claims caused by the coronavirus pandemic, government-mandated shutdowns The COVID-19 pandemic is ...
Today’s unpredictable business environment poses risks that could disrupt operations. Property insurance does not cover earnings losses caused by downtimes and expenses used to resolve them. For ...
July 19 (Reuters) - Insurers could face a raft of business interruption claims after a worldwide tech outage crippled industries from travel to finance on Friday, insurance industry experts said. A ...
This article discusses A.B. 10342, a newly passed bill by Governor Kathy Hochul "which amended New York State insurance law to authorize, for the first time, stand-alone business interruption ...
CFC has introduced a new extension to its Cyber Proactive Response policy for small and medium-sized enterprises. The product, called customer business interruption, is designed to address contingent ...
Following additional business interruption reserving and the new capital raised, on a pro-forma basis the PCA multiple is 1.15 times as at Oct. 31, 2020. Insurance Australia Group issued Berkshire ...
Business Strategy and Outlook QBE Insurance is an international property and casualty insurance company with over USD 13 billion of annual gross written premiums. It writes about 30% of its annual ...