BEGIN:VCALENDAR VERSION:2.0 PRODID:-//ChamberMaster//Event Calendar 2.0//EN METHOD:PUBLISH X-PUBLISHED-TTL:P1H REFRESH-INTERVAL:P1H CALSCALE:GREGORIAN BEGIN:VTIMEZONE TZID:America/New_York BEGIN:DAYLIGHT RRULE:FREQ=YEARLY;BYMONTH=3;BYDAY=2SU DTSTART:20070101T000000 TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:Eastern Daylight Time END:DAYLIGHT BEGIN:STANDARD RRULE:FREQ=YEARLY;BYMONTH=11;BYDAY=1SU DTSTART:20070101T000000 TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:Eastern Standard Time END:STANDARD END:VTIMEZONE BEGIN:VEVENT DTSTART;TZID=America/New_York:20220405T090000 DTEND;TZID=America/New_York:20220405T100000 X-MICROSOFT-CDO-ALLDAYEVENT:FALSE SUMMARY:Business Income\, Extra Expense\, Off-Premises Utility Failure\, and Spoilage Coverage (ABEN) 04/05/2022 CXL'ed DESCRIPTION:After every hurricane\, as soon as the wind stops blowing claim denials "blow in" relating to business income\, spoilage\, and off-premises utility failure. Situations like this came up in 1992 after Andrew\, after the very active 2004 storm season\, after Katrina\, after Sandy\, and after the 2016 and 2017 storm seasons. It's not unique just to hurricanes either\; the same issues arise after tornadoes\, ice storms\, and wildfires. This class looks at the coverage provided for both direct damage and civil authority issues. The requirements to trigger coverage will be covered\, as will exclusions\, deductibles\, and time limitations. Three ISO endorsement to provide additional coverage will be discussed. Numerous actual claims will be used as examples. X-ALT-DESC;FMTTYPE=text/html:
After every hurricane\, as soon as the wind stops blowing claim denials &ldquo\;blow in&rdquo\; relating to business income\, spoilage\, and off-premises utility failure. Situations like this came up in 1992 after Andrew\, after the very active 2004 storm season\, after Katrina\, after Sandy\, and after the 2016 and 2017 storm seasons. It&rsquo\;s not unique just to hurricanes either\; the same issues arise after tornadoes\, ice storms\, and wildfires. \;
This class looks at the coverage provided for both direct damage and civil authority issues. The requirements to trigger coverage will be covered\, as will exclusions\, deductibles\, and time limitations. Three ISO endorsement to provide additional coverage will be discussed. Numerous actual claims will be used as examples.
LOCATION: UID:e.890.471936 SEQUENCE:3 DTSTAMP:20240328T135013Z URL:https://members.iiav.com/calendar/Details/business-income-extra-expense-off-premises-utility-failure-and-spoilage-coverage-aben-04-05-2022-cxl-ed-476684?sourceTypeId=Hub END:VEVENT END:VCALENDAR