The “Culture of Cancel” is not with the Georgia Association of Public Insurance Adjusters (GAPIA.) Their Board is hardworking and progressive. They have set an online conference for Tuesday, July 14, 2020. So, you can attend from anywhere and still be there.
Continue Reading A Sign of The Times—The Georgia Association of Public Insurance Adjusters Holds Its Conference Online: Register By This Sunday July 12
The first two E’s of business interruption insurance claim theory were discussed in, The First Two Elements of The Six E’s of Business Interruption Coverage—Extent and Experience. Today, we are going to discuss the elements which are Excluded and Effort. I know I am skipping “Extra” but Extra deserves extra discussion.
Continue Reading The Excluded and Effort Elements of Business Interruption Insurance Claims Theory
Declaration of Independence signer Benjamin Franklin helped form The Philadelphia Contributionship For The Insurance of Houses From Loss By Fire in 1752. It is America’s longest tenured property insurer. It has withstood the test of time, has a rich history and even a museum you can visit.
Continue Reading Historical Thoughts About Property Insurance Over Independence Day Weekend
Insurance coverage gaps, miswritten policies, and non-reviewed insurance policies are routinely found after hurricanes do catastrophic coverage. It is still not too late for business owners in hurricane country to review their insurance policies, meet with their insurance agents, and get a plan in place.
Continue Reading What Should Business Owners Do Now to Prepare For Hurricane Season—Tuesdays at 2 With Chip Merlin
The Six E’s
The essence of the Six E’s is that insureds may receive benefits to the Extent of the loss Experienced, not resulting from Excluded causes, and also for Extra expenses incurred, provided that Effort is made to reduce the loss and there is Enough insurance purchased.
Continue Reading The First Two Elements of The Six E’s of Business Interruption Coverage—Extent and Experience
Why do commercial insurance lawyers only study insurance cases? I was thinking about this while debating an excellent, but issue ignorant, insurance company lawyer about a particular coverage issue which his client promotes differently at the point of sale versus what he was arguing about the coverage. Similarly, my blog discussion of the Six P’s and Six E’s has nothing to do with insurance coverage cases, but the theory of modern business interruption. Understand the theory, how the policy should be working, and the law should catch up later and even learn from the theory.
Continue Reading Commercial Insurance Coverage Attorneys Should Learn the Six P’s—A Discussion of Productivity, Period and Profits
The Six P’s and Six E’s form a traditional framework for understanding business interruption analysis, as noted in The Six P’s and Six E’s of Business Interruption Coverage. Today, I am going to discuss the second and third P— “Property” and “Perils.”
Continue Reading What Are the Property and Perils Aspects of Business Interruption Analysis?
I gave a presentation about the Six P’s and Six E’s of business interruption coverage on my weekly Tuesdays at 2 With Chip livestream. I wanted to follow up on these concepts in today’s post. I will then go over each in smaller posts to break up the topic.
Continue Reading The Six P’s and Six E’s of Business Interruption Coverage
Are you really a business interruption expert? Can you recite the Six P’s and Six E’s of Business Interruption Claims? This afternoon at 2 PM EST, I will be quickly addressing these concepts, with an emphasis on one P—The Period.
Continue Reading The Six P’s and Six E’s of Business Interruption Insurance Coverage—Join Tuesday at 2 With Chip Merlin To Discuss the Traditional and Often Overlooked Method For Consideration of Business Income Coverage Claims
I own a number of insured boats. Amy Currotto and I are representing boatowners on several boat insurance disputes. Marine insurance policies are often thought of as being under admiralty law, but is it? It is important for the policyholder to analyze which law is applicable in order to properly evaluate coverage.
Continue Reading Boat & Yacht Insurance Claims: Does Federal Admiralty or State Law Apply?