Best Practices to Handling Complex BI Claims While Avoiding Disputes

Jenny Ma and Jason Chait provide a forensic accountant’s perspective on best practices and lessons learned in handling complex business interruption (BI) claims.

The authors emphasize the importance of thorough documentation, understanding and updating insurance policies, accurate loss measurement, and effective communication with insurers. Engaging forensic accountants early and maintaining transparent communication can enhance claim accuracy and resolution efficiency. Learning from past disputes helps businesses avoid common pitfalls and prepare robust claims.

Read the article, which was published in the ABA Litigation Section Insurance Committee newsletter. (subscription required)