Please excuse the interruption!

August 2010
Asia Insurance Review;Aug2010, p62
Trade Publication
The article discusses how a court decision emphasizes principles concerning the recoverability of business interruption (BI) losses and supports the understanding of standard BI wordings. It looks at the approach of Orient Express Hotels Ltd. in New Orleans, Louisiana wherein they filed a claim under its combined BI policy and property damage, caused by Hurricane Katrina. It mentions that the court ruled that only BI losses caused by the damage to the hotel itself were incompensatable.


Related Articles

  • Ignorance is bliss at most property insurance buyers. Rose, Joan R.; Potter, Debra // Medical Economics;3/27/95, Vol. 72 Issue 6, p13 

    Reports on the results of a survey conducted by the Independent Insurance Agents of America on the extent of Americans' understanding of their property insurance policies (PPI). Practice of most Americans not to read their PPI; Confidence regarding their ability to make informed decisions.

  • Insurers hit for being `nat'l nanny' at hearing. Knowles, Robert G. // National Underwriter / Property & Casualty Risk & Benefits Manag;10/31/94, Vol. 98 Issue 44, p7 

    Reports on the discrimination charges against insurance companies for depriving dwelling insurance to some communities in Atlanta, Georgia. Promulgation of regulations eliminating the use of non-predictive factors in setting insurance rates; Special underwriting concern for older homes;...

  • A side of wagering. Mangan, Joseph F. // Insurance Advocate;02/07/98, Vol. 109 Issue 6, p12 

    Analyzes the insurance policy for the case of a landlord who leased a unit in a building to a tenant who turned out to be a drug dealer. Discussion on whether there is a coverage for physical damage to the insured premises and rule on extending the removal of the debris of the tenant's personal...

  • Long-Term Home Policy Eyed.  // National Underwriter / Property & Casualty Risk & Benefits Manag;04/23/2001, Vol. 105 Issue 17, p23 

    Comments on insurance premiums and claims under a proposed long-term homeowners policy.

  • Conning study reveals insurers retrenching/retreating from...  // Insurance Advocate;1/13/96, Vol. 107 Issue 2, p5 

    Reports that a study `Property Residual Markets--The Mouse that Roared,' which looks at the impact of Hurricane Andrew on property insurers in coastal areas, will be released by Conning & Company. What was the total value of insured eastern coastal property; What does the study discusses; What...

  • Insurance tips for condo landlords.  // South Asian Post;1/30/2014, p7 

    The article offers insurance tips for condominium landlords to protect themselves against costly repairs such as consulting insurance advisor, Blake Reichert, at Western Financial Group, suggests supplementing white goods in landlord coverage, and to have a copy of individual policy of tenant.

  • Reinsurers see pressure to cut cat cover rates. Souter, Gavin; Shapiro, Stacy // Business Insurance;9/19/94, Vol. 28 Issue 38, p1 

    Discusses the issue of property catastrophe which dominated the discussions at the 38th Rendez-Vous de Septembre in Monte Carlo from September 5 to 10, 1994. Effects of influx of new capital into the property catastrophe reinsurance market; Discussion on decrease in rates for catastrophe coverage.

  • Fla. Property Insurance Reform Bill Modified; Industry Resists. Hemenway, Chad // National Underwriter / P&C;3/28/2011, Vol. 115 Issue 11, p12 

    The article reports on the resistance of the insurance industry to the changes of the property insurance reform bill in Florida.

  • Extended Coverage. Moses, Milton // Chicago Citizen - South Suburban Edition;10/13/2010, Vol. 29 Issue 49, p5 

    The author discusses the provisions about the extended coverage of an insurance in the U.S.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics