Disaster recovery

Fear and a lack of information can be key contributors to a keeping policyholders underinsured.

Now weakened to a tropical depression, Francine will continue to travel inland in the southeastern U.S.

The Florida Insurance Guaranty Association is getting ready to head back to the market next week with a variable-rate bond deal after successfully selling fixed-rate bonds last week to help fund claims from insolvent insurance companies.

The Homeowner Flood Insurance Transparency and Protection Act would temporarily give consumers with higher rates the option to revert to previous lower pricing.

Claims from a more recent storm that caused some overlapping property damage are also mounting, according to the Federal Emergency Management Agency.

Regions and PNC are two banks that have expanded the use of their mobile branches in recent years.

Wind and storm surge damage to residential and commercial properties could reach $47 billion, according to a CoreLogic analysis.

The total losses and physical damages were estimated to cost $343 billion, well below the peak loss year in 2011 of $615 billion, however the 2021 losses, compared to 2011-2020 were about 4% higher than the average of $271 billion, according to the 2021 Weather, Climate and Catastrophe Insight report.

Breakthroughs in AI over the past decade mean we can now use it to train computer vision algorithms to perform visual tasks as accurately or more than humans. Smartphones can be turned into visual experts in your pocket, which can appraise some aspects of the environment better than people.

Consumers getting policies from the California FAIR Plan climbed about 25% in 2020, according to data from the state’s insurance department. That was due to increases in both new policies and renewed ones.

Deanne Criswell, the first woman to lead the Federal Emergency Management Agency, in April took over a 20,000-person operation exhausted by managing responses to disasters linked to global warming: wildfires and the 2020 hurricane season, the most active on record.

As Hurricane Dorian bears down on the U.S., some health payers are moving to assist members in the wake of expected storm impact and lack of access to health services.

Recognized in the tech industry on March 31, World Backup Day spurs IT and security experts to opine on how to preserve precious digital resources in the event of disaster.

The P&C carrier has found that IT infrastructure investments allow it to support new sources of data, like drones and smarthome devices.

The majority of the funding is designated for Texas and Florida, with most of the commonwealth's needs to be addressed at a later date.

Companies with good remote work procedures can easily switch from in-office setups to work from home or work from alternate location needs.

The island is mostly insured by local firms, though it has been seeking more international interest.

Security First, Florida’s second-largest home insurer, has seen about 15% of claims in the storms aftermath filed through its app.

One week after the Houston area was flooded, and as Florida reels from a second strike this weekend, the focus turns to how to best safeguard systems and data in the event of disaster.

Agency provides information to public health officials on beneficiaries who are dependent on medical equipment and at risk from prolonged power outages.