By Jeff Johnston, CPA/ABV/CFF, JD, LLM Almost every business has been touched by COVID-19. Losses are historic. But are the losses covered by your insurance policies? The answer to this question largely depends on the wording and interpretation of your insurance policies. Currently, there is disagreement over whether insurance policies will cover business losses related to COVID-19. As you assess your current situation, here are points to … [Read more...]
Best Practices for Filing Your Post-Disaster Insurance Claim
By Jeff Johnston, CPA/ABV/CFF, JD, LLM Organizations that experience disaster—such as a fire, explosion, storm damage, flood or recall—will almost certainly face sustained damage and, needless to say, crippling losses. Although property may be destroyed and operations may cease, the organization’s expenses rarely cease. At the very least, there are employees to pay and recovery efforts to fund. Filing a timely, accurate insurance claim is … [Read more...]