PLEASE NOTE: This course is pending approval in the following states: Kansas (CLE), Minnesota (CLE). The application for CLE approval has been submitted to the respective state accrediting agency(s) and is awaiting final confirmation. Click here to learn more.
For businesses in the path of the storm, maximizing insurance recovery requires assessing not only physical damage to their property but also income losses stemming from flooded and blocked roads and bridges, interrupted shipping and air transport, evacuations, and closures by civil authority. Beyond the area of immediate impact, businesses suffering from supply chain disruptions should look to their property insurance policies for contingent business interruption coverage, triggered when policyholders do not themselves suffer physical damage but still lose revenue after a property loss sidelines a major supplier or customer.
Join Anderson Kill’s Marshall Gilinsky and Ronald J. Papa as they explore the role of insurance and the hurdles to recovery in times of natural disaster.