02/01/2020

Insurance Policies

By: David P. Bender, Jr. and Caroline Hurtado Ford

When a hospitality company incurs financial loss due to an interruption of its business, it should look to its property policy to provide coverage for all or a portion of the loss.  The aim of this article is to give an overview of business interruption coverage from authors with decades of experience representing insureds in the hospitality space who face property loss and business interruption issues. 

Business interruption coverage issues may arise when the company is purchased, enters into transactions with third parties and when it sustains an interruption of its business operations because of damage to property. Download the complete article here.