TITLE

Please excuse the interruption!

PUB. DATE
August 2010
SOURCE
Asia Insurance Review;Aug2010, p62
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
52933391

 

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