Los Angeles business owners suffered heavy losses after the Palisades and Eaton fires. Some saw their buildings and inventory reduced to rubble, while others lost their customer bases as communities ...
BOISE, Idaho -- Many of us did not see a pandemic coming. Just think back five or six months ago, when we were worried about holiday gifts and gatherings. We would have never predicted a coronavirus ...
There seems to be no end in sight for the amount of interruption the novel coronavirus is continuing to cause businesses. Over the last several months, businesses have turned to their insurance ...
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 ...
Gross Profit Calculation Challenges in Business Interruption Insurance After UAE Floods and COVID-19
Often, forensic accountants face practical challenges when calculating business interruption (BI) losses. These issues have been highlighted by recent claims following COVID-19 and the 2024 storm in ...
In June, the United States Bureau of Labor and Statistics reported the national unemployment rate is 11.1 percent. While this is an improvement from the 13.3 percent unemployment rate in May, many ...
Coverage litigation trends in U.S. federal courts since 2022 reflect a markedly different landscape from both the early COVID-19 years and the decade preceding them. According to a report from Lex ...
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What is risk in business insurance?
Insurance risk is the probability of an adverse event that causes an insurance claim. Learn how business insurance risk is ...
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