Avoiding Rifts In Earthquake Coverage

Law360, New York (April 22, 2010, 5:11 PM EDT) -- While earthquakes rarely hit outside well-known hot spots, they can cause massive economic damage — much of which would not be covered by standard insurance policies — in densely populated areas, as demonstrated by the recent catastrophes in Haiti, Mexico, Chile and the People's Republic of China.

Even if business owners purchase specialized earthquake insurance for their properties, they may still find themselves without coverage for losses that fall outside the scope of standard property coverage, such as lost business, logistical problems or damaged supply streams,...
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