News & Analysis as of

Hurricane Season Risk Management Natural Disasters

WaterStreet Company

2025 Hurricane Season for Insurance

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As the 2025 hurricane season unfolds, insurance companies prepare. Early summer is time to closely monitor hurricane forecasts, assess risks, and account for financial implications that could arise due to increased property...more

WaterStreet Company

Texas FAIR Plan: Opportunities and Challenges for Private Insurers

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As natural disasters continue to impact the insurance market, Texas has seen a surge in policyholders relying on the Texas FAIR Plan Association for coverage....more

WaterStreet Company

5 Steps to Florida Insurance Takeouts

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Insurers today are in a highly competitive market. To receive greater market share, expansion to new locations and new business strategies may be required. Insurance takeouts are one such strategy in the state of Florida that...more

J.S. Held

Beyond the Name: Understanding the Full Impact of Tropical Cyclones

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During the deep summer and early fall, all eyes are on the tropics in areas prone to hurricane activity. Most storms begin as “invests,” or areas of rain shower and thunderstorm activity that is closely monitored by hurricane...more

Lowndes

Weathering an Employer's Duties During the Storm

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Hurricane season is only half over, with Hurricane Ida leaving a trail of damage across Louisiana and beyond, and Hurricane Larry swirling in the Atlantic Ocean, although the storm is not expected to make landfall in the U.S....more

Carlton Fields

The Hurricane is Coming in Five Days - Are We Ready for This?

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On August 24, 1992, Hurricane Andrew made landfall in Homestead, Florida as a Category 4 hurricane. At the time, it was the third most intense hurricane that ever struck the United States. Andrew had sustained winds of 149...more

Pillsbury Winthrop Shaw Pittman LLP

Hurricane Barry: Prepare Now to Maximize Insurance Recoveries

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

Cozen O'Connor

HR Guide For Hurricane And Disaster Preparation - Preparing For The Worst: 2019

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It’s hurricane season, and companies all along the Gulf should have a plan in place not only to address business continuity issues, but also the human resources and staffing questions that arise in the event of a natural...more

FordHarrison

What Issues May Employers Be Required to Address as Hurricane Florence Threatens?

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As the East Coast of the U.S. braces for Hurricane Florence, the approaching storm serves as a reminder that employers should be prepared to address storm-related issues if they are required to close their businesses and as...more

Proskauer Rose LLP

Five Ways to Prepare for Business Interruption Insurance Claims in a Natural Disaster

Proskauer Rose LLP on

The extraordinary images and reports of the devastation from Hurricane Matthew have filled the news outlets. While the focus remains on the human toll and concern for the well-being of friends, colleagues and business...more

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