How to Maximize Your Business Interruption Insurance Recovery

Each year nearly one in five companies suffers a catastrophic event that leads to two general categories of loss: physical property damage and business interruption (BI). Both are covered by first-party property policies. BI losses are less obvious and more complicated. In a Today’s General Counsel article, Lowenstein Sandler attorney Christopher C. Loeber looks at the common mistakes companies make in what is inevitably a stressful period, and how companies can end up compromising the case they will need to make before the carrier.