Blog: disaster

Half of Consumer Reports’ readers who filed insurance claims resulting from Hurricane Katrina in 2005 said they had problems with their insurer, the magazine reported. In the September issue of the consumer watchdog’s magazine, the organization says 26 percent of its readers also complained that they were paid too little for their claims. “A disaster…

If your company experiences a disaster, do you have an adequate recovery plan in place? According to the Contingency Planning Research Strategic Corporation, 43% of U.S companies that experience a natural or man-made disaster never re-open and another 29% of businesses will close within 2 years. According to a Touche Ross study, the survival rate…

(Money Magazine) — If last fall’s devastating California wildfires weren’t enough of a wake-up call, consider this: Nearly 60% of homes nationwide don’t carry enough insurance coverage to be fully rebuilt. On average those homes are underinsured by 21%. To give yourself a chance of being made whole, follow these steps before and after disaster…