Storms like the ones that recently caused widespread devastation leave behind challenging questions about business interruption insurance coverage.
Quantifying a policyholder’s business interruption loss is a contentious...more
In the aftermath of two powerful hurricanes the process of assessing the damage and rebuilding begins. Businesses suffered billions of dollars in losses during hurricanes Helene and Milton, both in physical property damage...more
The below checklist includes essential considerations and steps to take for property owners and businesses that stand to be affected by hurricanes....more
10/10/2024
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Corporate Counsel ,
D&O Insurance ,
Disaster Preparedness ,
Hurricane Season ,
Insurance Claims ,
Insurance Industry ,
Property Damage ,
Property Insurance ,
Severe Weather ,
Supply Chain ,
Workers’ Compensation
Hurricane Helene struck Florida’s Big Bend region as a category 4 hurricane on September 25, 2024, and continued to move northeast. The storm caused widespread power outages and catastrophic damage across Florida, the...more
10/10/2024
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Commercial Insurance Policies ,
Documentation ,
FEMA ,
Filing Deadlines ,
Hurricane Season ,
Insurance Claims ,
Insurance Industry ,
Loss Mitigation ,
Notice Requirements ,
Popular ,
Property Damage ,
Property Insurance ,
Severe Weather
Hurricane Ian struck Florida on September 28. By late afternoon, it was a Category 5 storm with top winds of 155 miles per hour, producing huge storm surges along a wide area of the state’s southwestern coast. Damage is...more
9/30/2022
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Commercial Insurance Policies ,
Documentation ,
FEMA ,
Hurricane Season ,
Infrastructure ,
Insurance Claims ,
Insurance Industry ,
Loss Mitigation ,
Natural Disasters ,
Property Damage ,
Property Insurance ,
Reimbursements ,
Severe Weather
Category 4 Hurricane Ida cut a destructive swath from Louisiana to New York, and Tropical Storm Nicholas bears down on the Gulf Coast. Those in the affected area should prepare for insurance recovery.
Category 4 hurricane...more
Affected businesses and other organizations should take immediate and proactive steps to maximize insurance recovery.
Gather insurance policies, as well as binders, and save them electronically or take them to an...more
Storms like the one that recently caused widespread devastation in the Carolinas leave behind challenging questions about business interruption insurance coverage.
Quantifying a policyholder’s business interruption loss is...more
In the wake of Hurricane Florence, a thorough understanding of the coverage available, the facts surrounding the loss, and the applicable law can often be key to maximizing insurance recovery.
Sub-limits for flood and...more