Issue #3031
The Effect of the Sale of a Commercial Property on a Pending Insurance Claim

The Effect of the Sale of a Commercial Property on a Pending Insurance Claim

When a business suffers damage from a fire, storm or similar disaster, its otherwise normal operations can be seriously disrupted. When the loss takes place while the business is being sold and bought, or recovering from a loss, disruptions of another type arise in the form of questions as to how and whose insurance will cover the damages.