How tariffs are creating smaller business interruption claims payouts

How tariffs are creating smaller business interruption claims payouts

iStock.com/Graphicscoco As the U.S. trade war drags down local and global economies, adjusters may notice some business interruption (BI) claims payouts are smaller than they otherwise would have been, experts at the Canadian Independent Adjusters’ Association (CIAA) Canadian Claims Summit said on Oct. 3.   A weaker economy partly caused by tariffs can lead to lower BI losses overall, said Boris Antonic, principal of forensics at Williams Meaden…