Business interruption claims severity is rising sharply, with average claim values rising by more than 30% annually over the past two years, according to a report issued Thursday by Allianz Commercial ...

Companies are increasingly at risk from surging business interruption losses due to concentrated production, fragile supply chains, geopolitical tensions, inflation, and growing technology ...

The 9/11 attacks reshaped business income insurance, spurring decades of litigation over loss calculations, restoration ...

Learn what business insurance covers, which policies your company may need, how much coverage costs and ways to protect your ...

When COVID-19 first disrupted the global economy in March 2020, businesses in Pennsylvania and New Jersey—like their counterparts nationwide—turned to insurance as a possible safety net. Many ...

Companies are increasingly experiencing a sharp increase in business interruption losses, with average claims exceeding ...

The recent fires in Los Angeles have left many businesses grappling with significant disruptions. For business owners, navigating the aftermath of such a catastrophe often includes understanding how ...

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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 the wake of recent weather events around the world, whether it’s the bomb cyclone that hit the US from the Gulf Coast to New England, or the combination of Storms Ingrid and Chandra battering the ...

This report from Allianz Commercial includes analysis of 7,888 business interruption insurance industry claims valued at approximately €6.74bn (US$7.82bn) over the five-year period from January 2021 ...