Natural disasters and other unforeseen business interruptions require qualified professionals to prepare and defend complex insurance claims. Our insurance experience includes both carriers and claimants. We determine business interruption damages, and compile related documentation needed to achieve a fair insurance settlement.
Most commercial insurance policies provide coverage for (i) lost profits which occur in connection with a covered physical loss, (ii) the added costs of getting the business reopened, and (iii) losses in connection with closures from actions of a civil authority. Some business policies also provide protection from “contingent” business interruption losses caused when key suppliers or customers experience a disaster that also affects your business, even when the physically-damaged property is NOT owned, operated or controlled by the insured. Often, the policy provides coverage for the cost of preparing these difficult-to-understand claims.
Related Experience:
Representative Projects
On Numerous Occasions:
- Our experts prepared business interruption insurance claims, or critiqued the claims prepared by others.
- Addressed the impacts of denial coverage.
- Addressed the impact of unusual circumstances, such as a claim for business interruption for a restaurant. The loss occurred during (but was not itself caused by) COVID.