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Business Interruption Natural Disasters Property Damage

Brooks Pierce

Hurricane Helene Financial Resources for Businesses

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As Hurricane Helene survivors mark one month since the storm hit, and long-term recovery continues in Western North Carolina, this client alert addresses financial resources for businesses. ...more

Lathrop GPM

Understanding Business Insurance in the Wake of Hurricane Helene

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Current reports estimate there will be over $5 billion in insured losses from Hurricane Helene, as the devastating hurricane tore through at least six states and has resulted in over 100 deaths since Thursday, September 26,...more

Adams and Reese LLP

Hurricane Helene Federal Disaster Recovery Funding

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Almost exactly two years to the day from when Hurricane Ian (Category 4) struck Florida’s western coast near Cayo Costa, Florida, on Sept. 26, 2024, Hurricane Helene, also a catastrophic Category 4 storm with winds topping...more

McGuireWoods LLP

Tips to Maximize Insurance Recoveries for Hurricane Helene Property Damage and Business Interruption Losses

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Hurricane Helene made landfall on Thursday, September 26, 2024, carrying catastrophic 140 mph winds as the first known Category 4 storm to hit Florida’s Big Bend region since records began in 1851. By Friday, Hurricane...more

K&L Gates LLP

Litigation Minute: Extreme Weather and Natural Disasters: Insurance Tips for Commercial Policyholders (ESG Litigation Series: Part...

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What You Need To Know In A Minute Or Less - Storms and hurricanes, isolated but powerful tornados, earthquakes, fires, and floods—the question is not whether, but where and when policyholders will confront the next natural...more

Bradley Arant Boult Cummings LLP

Sunscreen Is Not the Only Key to Avoid Getting Burned This Summer: The Importance of a Mid-Year Review of Your Insurance Policies

Summertime. The kids are getting out of school. Maybe you have a vacation planned. Down here in Florida, we make early preparations for the annual “it’s going to be the worst hurricane season on record” reports...more

Flaster Greenberg PC

Eight Steps to Recovering Under Your Florida or New Jersey Hurricane Insurance Policy

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The threat of hurricanes is very real for southern states from Texas to Florida and eastern states from Florida to New Jersey, New York, and even Maine during the six-month long Atlantic hurricane season, which runs from June...more

K&L Gates LLP

Extreme Weather and Natural Disasters - Insurance Tips for Commercial Policyholders

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Storms and hurricanes, isolated but powerful tornados, earthquakes, fires, and floods—the question is not whether, but where and when policyholders will confront the next natural disaster. Climate change is clearly having an...more

StoneTurn

Risk Awareness and Mitigation in Disaster Recovery: After a Catastrophe

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Natural disasters, while undoubtedly disruptive and damaging, can serve as powerful catalysts for organizational transformation if approached with foresight and strategic intent. As we’ve explored, successful post-disaster...more

J.S. Held

2024 J.S. Held Global Risk Report: Weather and Natural Disasters

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The growing frequency and ferocity of major weather events and natural disasters have pushed the climate change discussion to the forefront of governments and businesses. Droughts, floods, wildfires, earthquakes, and volcanic...more

Adams and Reese LLP

Post-Hurricane Idalia Checklist for Individuals and Businesses

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In the aftermath of Hurricane Idalia, individuals and families in Florida, Georgia, and South Carolina may be eligible for federal assistance if they live, own a business, or work in the federally-declared disaster area....more

Console and Associates, P.C.

Litigation Over Lahaina Wildfire Commences as Residents Claim Negligence of Hawaiian Electric Industries Resulted in Over 100...

Earlier this month, wildfires tore through the Island of Maui. While the fires affected an estimated 17,000 acres, the town of Lahaina was hit the hardest, leaving over 114 people dead and another 850 missing. More recently,...more

K&L Gates LLP

Maui Wildfires - Coverage Considerations and What Business Policyholders Need to Know

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The Maui wildfires are now the deadliest—and certainly among the most destructive—in modern US history, already outpacing the loss of life and impact on critical wildlife habitat/species of the 2018 Camp fire in California....more

Pillsbury - Policyholder Pulse blog

Great Sargasso Seaweed Event May Lead to Covered Business Interruption and Loss of Use

As summer vacation rolls around and hotels, restaurants and other hospitality companies gear up for a busy tourist season, coastal businesses in the U.S. Southeast, Puerto Rico and the Caribbean may be welcoming an unexpected...more

White and Williams LLP

Hurricane Ian: Discussing Wind-Water Disputes

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Most of the Florida homes in the path of Hurricane Ian lack flood insurance, posing a major challenge to rebuilding efforts, new data show. In the counties whose residents were told to evacuate, just 18.5 percent of homes...more

Pillsbury Winthrop Shaw Pittman LLP

Hurricane Ian: Insurance Implications

Hurricane Ian struck Florida on September 28. By late afternoon, it was a Category 5 storm with top winds of 155 miles per hour, producing huge storm surges along a wide area of the state’s southwestern coast. Damage is...more

Butler Weihmuller Katz Craig LLP

Bracing for Fiona – A pre and post analysis of hurricane risk in Puerto Rico and the Caribbean

How can carriers prepare for what is to come after Fiona’s direct impact on Puerto Rico? First and foremost, carriers should begin securing and mobilizing an adequate roster of independent adjusters, ready to respond to...more

Procopio, Cory, Hargreaves & Savitch LLP

Wildfire Season is Here: Will Your Company’s Insurance Policy Withstand the Heat?

Wildfire season typically occurs between July and November in California. However, the California Department of Forestry and Fire Protection maintains global warming is causing wildfire seasons to start earlier and last...more

Lowenstein Sandler LLP

Insurance Recovery After Severe Weather

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While the 2021 hurricane season is not officially over yet, catastrophic weather events including Hurricanes Ida, Henri and Nicholas have already caused substantial damage, bringing record-breaking rainfall and flooding....more

Morgan Lewis

Five Steps for Leveraging Insurance to Recover from Severe Weather

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Financial losses caused by recent storms, fires, hurricanes, and other natural disasters are a significant and urgent problem. Insurance industry observers predict that such extreme weather may result in losses of over $100...more

Morgan Lewis

After the Storm: Maximizing Insurance Assets to Recover from Natural Disasters

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Severe weather events are causing catastrophic damage and business interruption losses to businesses each year around the world. The energy industry is particularly vulnerable, including entities in the exploration,...more

Jones Day

Maximizing Insurance Recoveries for Hurricane Ida Losses and the Remainder of the 2021 Hurricane Season

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With Hurricane Ida having battered Louisiana, Mississippi and various other states, businesses will soon look to secure insurance recoveries for the significant property damage and business income losses left in its wake....more

Adams and Reese LLP

Post-Hurricane Checklist for Individuals and Businesses

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In the aftermath of Hurricane Ida, individuals and families in Louisiana and potentially other states in its path may be eligible for federal assistance if they live, own a business, or work in the disaster area. Insurance...more

Flaster Greenberg PC

Déjà Vu All Over Again: Hurricanes Katrina and Ida and the Long and Winding Road to Insurance Recovery

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Hurricane Ida made landfall yesterday, exactly sixteen years to the day that Hurricane Katrina landed. Back then, I had just completed a trial in a small Parish next door to New Orleans. Fortunately, my flight home took off...more

K&L Gates LLP

Disaster Preparedness Toolkit

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While the onset of a natural disaster is generally unpredictable, we can proactively prepare with mitigation efforts and emergency response procedures. As we experienced throughout 2020, and through present day, natural...more

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