Disaster Preparedness Disaster Recovery Insurance 
Risk Management Monitor
NOVEMBER 8, 2021
One of the first steps in obtaining commercial property insurance is to determine the value of the property being insured. On the other hand, performing an appraisal (which insurers typically consider the “gold standard”) can provide much-needed accuracy and thoroughness, but will require a greater commitment of time and resources.
Risk Management Monitor
AUGUST 30, 2021
The storm marks another overactive hurricane season officially underway in the United States, prompting business leaders and property owners to ensure they are adequately prepared from an insurance and risk management perspective. If a hurricane impacts your business, implement your disaster recovery plan. Read the Fine Print.
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Risk Management Monitor
AUGUST 9, 2022
In 2021, insurers faced multiple billion-dollar loss events resulting from severe convective storms in the United States, with the greatest damage inflicted by hail that impacted the Plains, Midwest, Southeast and Northeast. In 2018, the 5 th Circuit Court of Appeals took things a step further in Certain Underwriters at Lloyd’s of London v.
MHA Consulting
MAY 11, 2023
They can benefit organizations by helping keep the recovery team personnel sharp and making business continuity part of the organization’s culture. Many companies limit their disaster recovery drills to tabletop exercises, which are the least realistic and least demanding type of BC drills.
MHA Consulting
MAY 11, 2023
They can benefit organizations by helping keep the recovery team personnel sharp and making business continuity part of the organization’s culture. Many companies limit their disaster recovery drills to tabletop exercises, which are the least realistic and least demanding type of BC drills.
National Center for Disaster Prepardness
FEBRUARY 7, 2025
In the private sector, insurance companies such as Allstate and State Farm leverage AI-powered object detection to streamline post-disaster claims processing and enhance the accuracy of damage assessments. Remote Sensing, 14(2), 382.
Risk Management Monitor
DECEMBER 17, 2021
While Karen Clark & Company has estimated that the insured loss from the tornado outbreak will be about $3 billion, and credit rating agency Fitch predicted that losses would total $5 billion, Dr. Joel N. Businesses and risk professionals should prepare now for more frequent and intense weather events.
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