“The definition of business interruption insurance is rather straightforward,” states Anderson. “This type of insurance covers income lost when a business owner has to close their doors due to a ...

An unforeseen adverse event, such as a fire, can devastate your small business’s operations. Although standard property insurance may cover specific types of property damage, business interruption ...

is included in most commercial property insurance policies and a component of first-party commercial property insurance policies; and provides coverage for lost profits and related costs when 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 ...