Catastrophe & Restoration

The National Flood Insurance Program will be allowed to expire once again, a victim of a feud between the House and Senate over proposed legislative changes for NFIP.

The ability to take appropriate action based on fact rather than myth can be critical in successfully recovering damaged documents, ensuring business continuity, and controlling costs. One document recovery expert separates fact from fiction.

The deep recession of the last two years will leave scars that will be with the U.S. economy for a decade in the form of unemployment, and those in the P&C insurance industry will be no exception, most notably those in claim adjusting.

Take weather predictions with a grain of salt, but if meteorological experts are correct, this year's Atlantic hurricane season could be costly for insurers, especially along the Atlantic Coast.

Swiss Re said worldwide natural catastrophes and man-made disasters, which killed 15,000 people last year, cost insurers $26 billion, $26.5 billion less than the firm reported for 2008.

Strong storms throughout the Mid-Atlantic and Northeast regions of the U.S. promise to bring insurance claims -- and work for independent adjusters.