5 Insurance Claim Disputes To Avoid After The Storm
By Karl Killian, Shawn Pickens and Nancy KornegayMay 24, 2018, 3:58 PM EDT
Law360 (May 24, 2018, 3:58 PM EDT) -- When a catastrophic loss hits, a commercial insured's business interruption, or BI, insurance coverage can be the difference between business survival and demise. Anticipating the traps lurking in policy wording, likely loss-quantification approaches and a host of other complicating factors can present significant challenges to even the most insurance-savvy business.
Add to this the fact that a disputed claim can take years to resolve — distracting management from its primary focus to get the business back up and running — and the need for a team...