Often, forensic accountants face practical challenges when calculating business interruption (BI) losses. These issues have been highlighted by recent claims following COVID-19 and the 2024 storm in ...

Quantifying a policyholder’s business interruption loss is a contentious issue in the wake of wide-impact catastrophic events. Methods of calculating business interruption losses vary by jurisdiction ...

Today’s unpredictable business environment poses risks that could disrupt operations. Property insurance does not cover earnings losses caused by downtimes and expenses used to resolve them. For ...

This article discusses A.B. 10342, a newly passed bill by Governor Kathy Hochul "which amended New York State insurance law to authorize, for the first time, stand-alone business interruption ...