Our editors duke it out over the value of business interruption insurance, a hot topic given the question marks left in the wake of the Japanese earthquake.
Our managing editor, Cyril Tuohy, argues that risk managers and other commercial insurance buyers should take advantage of what's left of the soft market and maximize the limits and terms and conditions on their business interruption coverage.
Read his piece "Pile on the Coverage With Your Next Renewal."
Are additional limits on your business interruption coverage even worth it, asks Dan Reynolds, senior editor. His point: a BI loss can be so challenging to figure out that you might not get your money's worth when push comes to shove during a claim settlement.
Read his piece "Not So Fast With Coverage for Business Interruption."
These articles originally appeared as the Point/Counterpoint in the April print issue of Risk & Insurance?.
View the original article here
Our managing editor, Cyril Tuohy, argues that risk managers and other commercial insurance buyers should take advantage of what's left of the soft market and maximize the limits and terms and conditions on their business interruption coverage.
Read his piece "Pile on the Coverage With Your Next Renewal."
Are additional limits on your business interruption coverage even worth it, asks Dan Reynolds, senior editor. His point: a BI loss can be so challenging to figure out that you might not get your money's worth when push comes to shove during a claim settlement.
Read his piece "Not So Fast With Coverage for Business Interruption."
These articles originally appeared as the Point/Counterpoint in the April print issue of Risk & Insurance?.
View the original article here
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