Related Practices
Contingent Business Interruption: Limited Case Law and CBI Challenges
Westlaw JournalJanuary 22, 2016
Zelle partner Dan Millea wrote an article titled "Contingent Business Interruption: Limited Case Law and CBI Challenges” that was published in the January 22, 2016 issue of Westlaw Journal.
Contingent business interruption coverage is a relatively recent insurance product, but as one commentator has noted, it addresses business risks that have been around as long as commerce itself. The objective of contingent business interruption coverage (and contingent extra expense coverage) is to extend the basic business interruption coverage concept to business losses stemming from damage to the property of others as opposed to the insured’s own property.
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