Terrorism treats have evolved over the years. In the past, they involved large orchestrated attacks by known organizations that plotted to cause massive property damage on marquee properties. As terrorist networks disperse, “lone wolves” now focus on soft targets, using hand-held weapons to cause mass casualties. Despite smaller scale events, losses remain extensive. In this […]

At the 2018 RIMS Annual Conference, Christopher Loebler from the firm McCarter & English discussed business interruption claims. Business interruption usually falls within your property policy. The coverage is triggered by a property loss from a covered peril under the policy that shuts down your business for a period of time. One-in-five U.S. companies sustain […]