A lesson in failure: London businesses unable to recoup terror costs

Your terrorism insurance policy might not include business interruption costs. Local businesses around London’s Borough Market district learned that the hard way. They had to shut their doors for 11 days as police cordoned off the area in the wake of the London Bridge terror attack. Unfortunately, their terrorism insurance only accounted for physical damage, which means they have no hope of recouping their losses.

Read more about the failure of London businesses to recoup their losses at City A.M.

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