Wringing the Most Out of Business InsuranceBy
12 p.m., Oct. 31, 2012 — Thousands of small businesses closed by Hurricane Sandy this week may be covered by insurance for property damage and lost revenue. Even companies located thousands of miles from the storm zone may be eligible to file claims, so long as they sustained losses related to crucial customers or suppliers in the devastated area. I spoke to Linda Kornfeld, an insurance-litigation attorney with Chicago law firm Jenner & Block, about how small business owners can get the maximum allowed under their insurance coverage. Kornfeld, who is based in Los Angeles and who has represented businesses in insurance disputes since 1991, focuses on claims resulting from disasters; edited excerpts of our conversation follow.
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