Business interrupted: hurricane-damaged firms dig in for insurance fight
Business owners who are trying to get back on track after hurricanes Harvey and Irma now face a different sort of challenge: trying to recoup lost income from their insurers. Exclusions in the fine print of policies, along with waiting periods and disagreements over how to measure a company’s lost income, make business interruption claims among the trickiest in an industry renowned for complexity. “I think the whole thing is a rip-off,” said Thomas Arnold, an optometrist in Sugar Land, Texas.