Richard Wolf Article Tackles Business Income Insurance

Los Angeles Partner Richard Wolf recently published an article titled “Business Income Insurance Covers Continuing Expenses Without Reduction for Insured’s Operating Loss” as part of his “Wolf Bites” column for the Claims Journal.

The article discusses the differing opinions on calculating insurance proceeds payable under business income insurance, namely “whether the amount of net loss must be subtracted from operating expenses in arriving at the amount of insurance proceeds payable by an insurer.” Read the full article here.

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