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The Cape Fear area in North Carolina has weathered worse storms than Florence.
Coverage Q&A: The location of damaged or stolen property within a rental community impacts which type of insurance would cover a claim.
Time is of the essence when it comes to water damage.
Many small businesses have not updated their insurance policies to reflect contemporary risks.
Anticipating the impact of flooding and knowing what to expect in terms of losses, allows insurance agents to be proactive in serving policyholders.
Coverage Q&A: Coverage for water damage unrelated to flooding may come down to an examination of the facts of the claim.
The right insurance and recovery plan enable small businesses to bounce back after a natural disaster.
In the aftermath of Hurricane Florence, carriers have a new weapon to protect against fraudulent claims.
The cyber risk landscape is evolving rapidly, and its potential economic fallout cannot be underestimated.
Insurers should weigh the time and cost of developing systems in-house vs. purchasing an established system.