Remove All-Hazards Remove Hazard Remove Insurance
article thumbnail

Litigating Insurance Claims After a Disaster

Disaster Zone Podcast

When disasters strike, we expect that our property insurance provider will cover our losses. Sometimes, the insurance company and the insured person(s) don’t agree on the settlement amounts being offered by the insurance company. Evan worked for and defended insurance companies during the first 7 years of his practice.

Insurance 130
article thumbnail

Comment re flood insurance

Recovery Diva

Reply from Jerry Quinn to the previous posting: Congress & the Executive branch are responsible for all hazards/risks. Their best & brightest can’t/don’t control hazards/risks brought on long ago by federal actions and decisions. Corporations and businesses already write off the costs of risk insurance premiums.

Insurance 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Disaster Damage Prediction Using AI and Aerial Imagery

Disaster Zone Podcast

With the advent of climate change impacts now becoming very evident via the size and frequency of disasters, it is the insurance industry that is taking notice. They cannot depend on what losses have been for decades to project into the future about what their losses might be for the properties they insure.

Insurance 130
article thumbnail

Serious Trouble With the National Flood Ins. Program

Recovery Diva

Helene and Milton spotlight a federal flood insurance program drowning in debt.

article thumbnail

Risk Management as a Career: A Guide for BCM Professionals

MHA Consulting

As a reminder, risk management is the process of understanding the hazards facing an organization and taking steps to bring them to within a level determined to be acceptable by the senior leadership. There are six steps to the process, and successful risk managers perform all of them on a continuous loop.

article thumbnail

5 Best Practices for Effective Claims Reviews

Risk Management Monitor

With the cost of insurance for businesses rising across many types of coverage, staying on top of trends in the claims portfolio is more important than ever. For this reason, many insurers and TPAs promise to conduct claims reviews with their business customers on a regular basis, but the rigor can vary greatly.

article thumbnail

Adapt or Fail: Climate Change Resilience for Organizations  

everbridge

According to research conducted by Verdantix , “more than half of organizations have less than $1 million to respond to catastrophic events, and 41% of participants stated that they had no budget at all for catastrophic events” (Navigating Climate Threats and Proactive Mechanisms to Achieve Business Climate Resilience, November 2022).