Mr. Bell has over 25 years of practice as lead counsel pursuing complex insurance claims for policyholders ranging in size from Global 20 companies to individual directors and officers. He is a nationally recognized leader in insurance coverage dispute resolution, and has handled the full range of disputed claims, from property damage and business interruption losses to claims arising from directors and officers (D&O) liabilities, as well as employment, environmental, fiduciary (ERISA), intellectual property, management, product, professional, representations and warranties (R&W), tax position, and toxic tort liabilities. Prior to joining Miller Friel, Mr. Bell was a partner at two of the world’s leading firms. He is a frequent speaker and author on insurance issues, and an acknowledged thought leader on business interruption insurance.
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Are Actual Post-Hurricane Market Conditions Relevant to “Loss Sustained” Under Business Interruption Insurance Coverage?
Hurricane Harvey caused complete or partial interruption of many businesses in the Gulf Coast region, including many refineries and hotels. Business interruption insurance covers such a loss, but how business interruption insurance treats post-hurricane market conditions can have a significant impact on how much is recoverable. For example, a hurricane-related interruption might result in . . . +More