Insurance
Feb. 19, 2011
Insuring Against Political Risks
Businesses can purchase political risk insurance to protect their foreign interests in the event of civil unrest. By Sandra Smith Thayer and Kirk Pasich of Dickstein Shapiro.
When businesses in the United States suffer losses from damage to or destruction of their property and disruption of their business from government entities because of civil unrest, vandalism, riots, or similar events, they often turn to their insurance to cover their losses. Indeed, most businesses attempt to guard against financial losses from such events by buying insurance as a preventative measure.
However, m...
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