Closing the Deal on Property and Business Interruption Coverage Claims

Risk Management

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PUBLISHED ON: July 18, 2007

Almost two years after Hurricane Katrina and Hurricane Rita roared through the Gulf Coast, many businesses’ coverage claims remain unresolved. A number of factors may contributeto the problem, including the insurance companies’ lack of an incentive to pay claims promptly, the high volume of Katrina claims and coverage disputes over a variety of issues.

So what can policyholders do to get their claims paid?