The recent outbreak of storms from the Great Lakes to the Gulf Coast resulting in a series of epic tornados serves as a reminder of how severe weather can disrupt lives and businesses. The damage that can be caused by tornados, megastorms and other severe weather events is widespread and devastating, including death and bodily injuries, property damage, the loss of necessary utility and telecommunication infrastructures, the loss of business, the inability of employees to get to and from work, and long-term business interruption. Every year, billions of dollars in losses are suffered as a result of these natural disasters. As the arduous process of recovery begins, businesses and individuals should remember to look to their insurance companies for coverage of the losses suffered. Although the language of a particular policy will determine the extent to which insurance covers the losses suffered, a brief summary of some steps that may assist a policyholder in obtaining maximum coverage is discussed below.
You May Also Be Interested In
English Supreme Court Confirms Broad Application of Business Interruption Policies to COVID-19 Losses
South African Policyholders Secure Victory for COVID-19-Related Business Interruption Insurance Coverage
WHY Jones Day?
One Firm Worldwide®
- Singular Tradition of Client Service and Engagement with the Client
- Mutual Commitment of, and Seamless Collaboration by, a True Partnership
- Formidable Legal Talent Across Specialties and Jurisdictions
- Shared Professional Values Focused on Addressing Client Needs
Before sending, please note:
Information on www.jonesday.com is for general use and is not legal advice. The mailing of this email is not intended to create, and receipt of it does not constitute, an attorney-client relationship. Anything that you send to anyone at our Firm will not be confidential or privileged unless we have agreed to represent you. If you send this email, you confirm that you have read and understand this notice.