Biz Interruption Losses: Provide Proof Within Time of Reasonable Repairs

Business Valuation UpdateVol. 16 No. 4
Legal and Court Case Update
April 2010
6300 Insurance carriers
524126 Direct Property and Casualty Insurance Carriers
economic damages & lost profits
damages, lost profits, reasonable certainty, lost income

B.S.S.B. Inc. v. Owners Insurance Co.
2010 U.S. Dist. LEXIS 4106; 2010 WL 320229
January 20, 2010
US
Federal Court
Georgia
United States District Court
Neal Carson (defendants)
Lawson

Summary

Insured must provide reasonably certain proof of business interruption losses (lost profits) within time it could have made reasonable repairs.

See Also

B.S.S.B. Inc. v. Owners Insurance Co.

Insured must provide reasonably certain proof of business interruption losses (lost profits) within time it could have made reasonable repairs.