A corporate crisis is an event that has the potential to cause material harm to a company’s reputation or bottom line. Typically, these crises have a potential liability element, whether because of negligence, oversight,...more
An unexpected or catastrophic loss can force any company out of business, even if it is insured. You must understand your company’s risks and how your insurance policies cover those risks in order to manage them and maintain...more
9/11/2017
/ Business Interruption ,
Claim Procedures ,
Commercial Insurance Policies ,
Hurricane Harvey ,
Hurricane Irma ,
Insurance Claims ,
Natural Disasters ,
Notice Requirements ,
Proof of Loss ,
Property Damage ,
Property Insurance ,
Supply Chain
Hurricane Irma’s epic scope and wind speed suggest that affected businesses and other organizations take immediate and proactive steps to maximize insurance recovery....more
9/7/2017
/ 501(c)(3) ,
Business Interruption ,
Commercial General Liability Policies ,
Documentation ,
Duty to Mitigate ,
FEMA ,
Flood Insurance ,
Hurricane Irma ,
Insurance Claims ,
Natural Disasters ,
Notice Requirements ,
Property Damage ,
Property Insurance ,
Suppliers
- It is essential to keep track of deadlines mandated under policies.
- Keep in mind that several types of insurance—not just property insurance—may cover flood and storm-related losses (such as property damage, loss of...more
3/1/2017
/ Business Interruption ,
Commercial Insurance Policies ,
Critical Infrastructure Sectors ,
Federal Grants ,
FEMA ,
Flooding ,
Loss Mitigation ,
Notice Requirements ,
Proof of Loss ,
Property Damage ,
Property Insurance ,
Record Preservation ,
Storm Water ,
Wind Damage
Just before fireworks exploded across the sky to usher in 2016, a massive fire engulfed the Address Downtown Hotel in Dubai. At nearly 1,000 feet tall, this five-star hotel and luxury apartment building —with about 200 hotel...more
The beginning of 2016 brought floods to the Midwest—and, tragically, loss of life and extensive property damage. With the floodwaters now receding and cleanup underway, affected businesses should consider obtaining insurance...more
South Carolina was recently pummeled by a devastating storm that Governor Haley described as happening “once in a thousand years.” Compounding the resultant flooding, many dam breaks exacerbated the catastrophic losses South...more
Welcome to the latest edition of Pillsbury’s Perspectives on Insurance Recovery. As this 2015 edition of Perspectives demonstrates, our team is working on the most challenging issues—from cyber-insurance and complex claims...more
7/21/2015
/ Bad Faith ,
Certificate of Insurance ,
Commercial Property Owners ,
Construction Contracts ,
Cyber Insurance ,
Cybersecurity ,
D&O Insurance ,
Duty to Defend ,
Earthquake Insurance ,
Errors and Omissions Policy ,
False Claims Act (FCA) ,
Indemnification Clauses ,
Insurance Industry ,
Limitation of Liability Clause ,
Litigation Fees & Costs ,
Mergers ,
Notice Requirements ,
Policy Exclusions ,
Professional Liability ,
Property Damage ,
Property Insurance ,
Storm Water ,
Subrogation