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Time Element (Business Interruption) Insurance – New Appleman on Insurance Law Library Edition, Chapter 46

By Bernard P. Bell, Partner, Jones Day Chapter 46 provides an analysis of time-element insurance generally, and business interruption insurance in particular. Section 46.01 sets out the general purpose of time element insurance. While standard first-party "all risks" property insurance...

Calculating the Amount of Property Insurance Coverage – New Appleman on Insurance Law Library Edition, Chapter 47

By Richard J. Cohen, Daniel W. Gerber, and Michael T. Glascott, Partners, Goldberg Segalla LLP Section 47.01[1] discusses the fact that policies that insure tangible property require direct physical loss or damage to the covered property during the policy period. This section explains that there...