727: John W. Houghtaling on THE TRUTH being Business Interruption Insurance

John Houghtaling is the owner at Gauthier Murphy and Houghtaling LLC Attorneys at Law where they specialize in first-party business insurance litigations. He is also leading the Business Interruption Group, a nonprofit advocacy group comprised of leaders in the industry, including Wolfgang Puck, Daniel Boulud, and Thomas Keller.

Today we are here, to tell the truth behind what insurers are doing to restaurant owners. From a legal standpoint, we'll also discuss what is important for restaurants reopening during the pandemic.

 

Show notes… Calls to ACTION!!!

• Subscribe to the Restaurant Unstoppable YouTube Channel
• Join the private Unstoppable Facebook Group
• Listen to my recording on what should be included in your insurance policy. 
• Check out The WSJ article featuring today's guest
• Join the email list! (Scroll Down to get the Vendor List!)

Favorite success quote or mantra:

• "Press on. Nothing in the world can take the place of persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination are alone omnipotent." -Calvin Coolidge

In today's episode with John W. Houghtaling we will discuss:

• Taking on giants
• Aligning your self interest with things that make a difference
• What is capitalism at it's core and how can we utilize it to make a positive difference
• Hurricane Katrina and what it did to NoLa and Houtaling's law firm
• Do insurance companies forge documents to avoid helping their clients? The answer is yes.
• "No exclusions" actually means there are exclusions - makes sense, right?
• Successful restauranteurs become open restauranteurs to enrich their communities
• Celebrity chefs have more pull than billionaires
• The only way we come out of this in one piece is if we unite for a common cause

Today's sponsor:

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MarginEdge is completely free for new customers until September. No setup fees. No integration fees. No commitment. Take your back office paperwork down to 2-3 minutes a day while creating real-time financial views to inform your path ahead.

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Contact info:

www.werbig.org

Thanks for listening!

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Huge thanks to John W. Houghtaling for joining me for another awesome episode. Until next time!

 

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