Business interruption claims severity is rising sharply, with average claim values rising by more than 30% annually over the past two years, according to a report issued Thursday by Allianz Commercial ...
The report found that operational shutdowns now generate substantially larger average payouts. Insurance claims for business ...
No one wants to think about a business interruption loss, let alone plan for it. However, fire claims, water damage claims, and more frequent extreme weather-related disasters have made business ...
Companies are increasingly at risk from surging business interruption losses due to concentrated production, fragile supply chains, geopolitical tensions, inflation, and growing technology ...
Rising business interruption losses are increasingly hitting companies, with fire and explosion driving the costliest claims ...
When COVID-19 first disrupted the global economy in March 2020, businesses in Pennsylvania and New Jersey—like their counterparts nationwide—turned to insurance as a possible safety net. Many ...
This article was originally published in Global Restructuring Review in August 2025, and is reproduced here with permission of Global Restructuring Review. With the limitation clock running down for ...
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A business owner's policy is a packaged insurance policy that includes general liability coverage and property insurance ...
In the wake of recent weather events around the world, whether it’s the bomb cyclone that hit the US from the Gulf Coast to New England, or the combination of Storms Ingrid and Chandra battering the ...
MIAMI--(BUSINESS WIRE)--Cyber incidents, changes in climate, and business interruption are the chief risk concerns among key marketplace segments in the insurance industry, a new survey from Munich ...
This report from Allianz Commercial includes analysis of 7,888 business interruption insurance industry claims valued at approximately €6.74bn (US$7.82bn) over the five-year period from January 2021 ...