Businesses Brace for Rise in Terrorism Insurance Costs

Boston Marathon explosions aftermath emergency services 2

BOSTON — Forced to close for up to ten days after the Boston Marathon bombings, businesses on Boylston Street and throughout the area suffered from property damage, lost income and the absence of the vital marathon crowds that constitute a huge part of the year’s business. To make things worse, business owners are now learning that they are unlikely to receive insurance payouts…