The Pancake Palace: A Case Study in Business Interruption from the Defense Side
Abstract
This case demonstrates the difficulties that can occur in business interruption cases when the insured is represented by a public adjuster. The Pancake Palace, a restaurant established for approximately thirty five years, suffered a business interruption due to a fire that completely destroyed the building housing their establishment. The maze created by the public adjuster submitting the claim to the insurance company, clearly exhibits the need for a special set of skills that include persistence, creativity, curiosity, common business sense and, deductive reasoning. Upon completion of this case, the reader should have an increased awareness of the techniques required when resolving business interruption claims of this nature.Recommended Citation
DiGabriele, James A.
(2006)
"The Pancake Palace: A Case Study in Business Interruption from the Defense Side,"
Journal of Business Valuation and Economic Loss Analysis:
Vol. 1
:
Iss.
1, Article 5.
DOI: 10.2202/1932-9156.1002
Available at: http://www.bepress.com/jbvela/vol1/iss1/art5
