US firms hit by Sandy could face claims battle

Hurricane Sandy (Image - NASA)

Business losses triggered by superstorm Sandy are expected to be exacerbated by the fact that few firms have policies to cover loss of income when their operations are disrupted by a supplier’s poor fortune.

That is the message coming from Fitch Ratings, who have stated that even though insurance will cover some of the losses sustained during Sandy, business owners will have to work hard to get their

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