FREE Business Interruption Insurance White Paper

FREE Business Interruption Insurance White Paper

Obtain your FREE Business Interruption Insurance White Paper, Business Interruption Coverage: Trends, Challenges & Solutions.

LexisNexis® insurance content and tools - Stay on top of trends and issues related to business interruption coverage

The 2011 earthquakes and tsunami in Japan, twister outbreaks in the United States, Hurricane Irene, wildfires, blizzards, flooding and more … the impact of natural disasters clearly broke records last year. In fact, private-sector insurers expect to pay more than a record $32 billion in claims from natural disasters in 2011.* And generally, the costliest and most visible causes of business interruption (BI) losses are natural disasters.

With this in mind, how can your legal team prepare for future business interruption claims and related challenges that are likely to arise?

Gain new insight today

  • Read the new 18-page white paper, “Business Interruption Coverage: Trends, Challenges & Solutions,” published by LexisNexis
  • View a recently recorded Webinar: “2011 Global Catastrophes—Market and Insurance Coverage Considerations,” with discussion by a panel of attorneys and insurance professionals
  • Gain insight from Matthew Bender® resources covering emerging issues in business interruption

Access these complimentary resources and find out more.

The white paper focuses on five main emerging challenges in business interruption coverage:

  • Property damage requirements for lost income claims: Working through this policy mandate
  • Concurrent causation: Focusing on multiple exclusions and sub-limits that can come into play when a loss has simultaneous possible causes
  • Choice of forum: Ensuring claims are viewed under the most favorable insurance laws
  • Strategies for predicting lost revenue: Valuing losses in an economic downturn
  • Post-event market conditions: Calculating lost income

As you put the latest guidance into action, it also pays to make the most of LexisNexis® online tools and resources that help you stay on top of emerging issues, breaking news, case law and regulatory changes related to natural disasters and business interruption coverage. For example:

The Appleman Suite of products, available exclusively from LexisNexis, including New Appleman on Insurance: Current Critical Issues in Insurance Law, addressing the most urgent challenges facing insurance law practitioners

Mealey’s™ Reports, providing editorially unbiased, targeted litigation news with relevant, hard-to-find, full-text court documents:

2011: Natural disaster business interruption headlines

Heavy disaster losses for insurance companies in 2011
United Nations International Strategy for Disaster Reduction,
January 11, 2012 Wednesday

Private-sector insurers to pay more than $32 billion in claims from natural disasters in 2011; federal government set record for disaster declarations
Insurance Information Institute,
December 30, 2011 Friday

Weathering a year of disasters
The Omaha World Herald,
January 12, 2012 Thursday

2011 saw a number of regulatory changes for the insurance industry
The Economic Times,
December 28, 2011 Thursday

Learn more about BI issues that may affect your company.

 *Insurance Information Institute


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