Recent Blog Posts

  • Superstorm Sandy: Financial Loss May Be Covered Even Without Property Damage We hope your business did not sustain any direct property damage.  Even if that’s the case, do not fail to consider that you may have insurance coverage for financial losses caused by the storm. For example, you may have “Contingent Business Interruption” (CBI) insurance. CBI reimburses your financial losses (e.g., lost profits and extra expenses) resulting from an interruption of business at the premises of a third party with whom you do business, such as a supplier, distributor or customer.  Other coverage may also come into play where... More