DOJ charged six Russian nationals for virus NotPetya that caused US economy 10 billion in damage including Merck and Co. pharmaceutical company that incurred 1.4 billion losses. Insurance denied coverage over war exclusion, NJ trial court verdict was exclusion did not apply.
For organizations impacted by this season’s storms, post storm tips can help risk professionals navigate disaster recovery and the claims management process. This includes giving written notice to your broker and collecting photos or videos as proof of damage.