May 2009 Dec Page

Question of the Month

Hurricanes cause enormous damage to the areas hit by them. Katrina, Gustav, Ike are all names associated with huge amounts of losses and a myriad of insurance claims. Every year has its hurricane season and regardless of the name of the hurricane or where it makes landfall, insurance coverage is one of the most critical items to be examines.

In most of the coastal states, damage caused by windstorm is covered by the various states' windstorm or beach pools. Flood-related damage falls to FEMA and its National Flood Insurance Program. But, how do the standard homeowners policies or commercial property policies apply in this situation? What about business interruption and other consequential losses? How is debris removal to be paid for, and how are property policy deductibles to be applied?

Continue Reading for Free

Register and gain access to:

  • Quality content from industry experts with over 60 years insurance experience, combined
  • Customizable alerts of changes in relevant policies and trends
  • Search and navigate Q&As to find answers to your specific questions
  • Filter by article, discussion, analysis and more to find the exact information you’re looking for
  • Continually updated to bring you the latest reports, trending topics, and coverage analysis