Hurricane Harvey will test many risk managers’ insurance programs and response plans as it’s been over 10 years since a major hurricane made landfall in the U.S. Many risk managers have yet to experience a hurricane caused area wide disaster that can devastate multiple properties across many miles. Such disasters are often complex and require decisive decision making that could mean the difference of continuation or cessation of your business. When property and business interruption insurance is in place, such losses require significant documentation and data to substantiate the loss and prove covered damages.
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