David Blades, associate director, industry research and analytics, said in a release: "Since Hurricane Maria in 2017, insurance companies on the island have taken significant action to manage their risk profiles better by tightening underwriting guidelines, sharpening risk management techniques, improving pricing and getting significant rate increases." (Credit: Stephanie Rojas/AP)
The duration that businesses are down due to power outages is expected to have an outside impact on losses related to Hurricane Fiona, according to AM Best, which noted the causes of loss — be it flood, wind or mudslide — will also be a determining factor.
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Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
