Jennifer Gibbs and Adrienne Nelson | Zelle A necessary and critical component of a lost business income claim is the calculation of the period of restoration. However, despite its recognized importance, the period of restoration appears to be one of the least litigated, but most consequential, dimensions of first‑party property and time element coverage. A… Continue reading Courts Stay Consistent In ‘Period Of Restoration’ Rulings
Tag: Period of Restoration
Court Weighs in on Determining “Period of Restoration”
Paul Ferland, Joshua Tumen and Tracey Jordan | Property Insurance Law Observer In Comprehensive Medical Center, Inc. v. State Farm Mutual Automobile Insurance Company, 2025 WL 416814 (9th Cir. 2025), the Ninth Circuit Court of Appeals affirmed the district court’s determination that the period of restoration tied to water damage at the insured’s commercial property was… Continue reading Court Weighs in on Determining “Period of Restoration”
Business Interruption Claims – Calculating The Period of Restoration
Kevin Pollack | Property Insurance Coverage Law Blog | March 2, 2017 Business interruption coverage provides protection against loss of income when a business suffers property damage from an insured peril (e.g., fire, water loss) that interrupts the operation of the business.1 A typical business interruption policy form provides that the insurer will pay the… Continue reading Business Interruption Claims – Calculating The Period of Restoration