Tips For Recovering Business Loss Claims Post-Irene

Law360, New York (August 31, 2011, 5:36 PM EDT) -- As property damage claims over Hurricane Irene pile up, companies doing business on the East Coast will begin seeking coverage for interruptions caused by flooding, power outages and the preparatory shutdowns of mass transit, among other things.

Companies should know the ins and outs of their policies, back coverage demands with meticulous record keeping and understand how state law impacts their claims, experts say.

“It's like anything else, diligence in the outset sometimes pays great dividends down the road when you're in the claims process,” said Ira Gottlieb, a partner...
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