Prepare for the Storm of Construction Claims From the 2017 Hurricane Season November 8, 2017 By James P. Koelzer Partner, Clyde & Co. and Holly S. Harvey Partner, Clyde & Co. The aftermath of this year’s hurricanes includes massive reconstruction across the impacted areas, which in turn creates an increased possibility...
AIG Earnings Miss Estimates on Storms November 6, 2017 By Sonali Basak Even with one of the costliest hurricane seasons on record, large insurers in the U.S. tended to post third-quarter results...
Tropical Depression Raises Gulf Coast Hurricane Threat October 5, 2017 By Brian K. Sullivan and Marvin G. Perez A tropical depression that could grow into a hurricane is forecast to strike the U.S. Gulf Coast late Sunday, potentially...
Florida’s Hurricane Irma Debris Could Linger for Months October 2, 2017 Officials across the state of Florida say the cleanup of debris left in Hurricane Irma‘s wake could last until the...
Hurricane Season Isn’t Over Yet as Action Shifts to Sandy’s Cradle September 28, 2017 By Brian K. Sullivan Harvey, Irma and Maria have written new chapters into Atlantic hurricane history this past month, but the story isn’t over....
Poll: Few American Commit to Disaster Preparedness September 26, 2017 Following hurricanes Harvey and Irma, the Property Casualty Insurers Association of America (PCI) is encouraging Americans to increase their commitment...
Hurricane Maria Destroys Homes, Causes Flooding in Puerto Rico September 22, 2017 By DANICA COTO The strongest hurricane to hit Puerto Rico in more than 80 years destroyed hundreds of homes, knocked out power across...
As Recovery Begins, Industry Tallies Irma’s Mounting Costs September 21, 2017 With two Florida landfalls in the same day, Hurricane Irma‘s destructive wind and flood damage could cost up to $65...
Many Factors Affect Whether Hurricanes Linger or Fade Quickly September 21, 2017 By SETH BORENSTEIN This hurricane season is showing how wild and varied storms’ life cycles can be. Most storms seem to be tracked...
Category 4 Hurricane Maria Hits Puerto Rico Hard September 20, 2017 By Brian K. Sullivan Hurricane Maria slammed into southeastern Puerto Rico as a Category 4 storm with the potential to inflict $30 billion in...