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JOHNSTON, R.I., USA—The official 2020 Atlantic hurricane season has ended, and here are seven takeaways from FM Global, one of the world’s largest commercial property insurers. Many records were broken. There were more named tropical cyclones this ...
Major flooding and wind damage caused by Hurricane Laura will likely involve a long-term recovery for businesses that suffer storm-related losses, especially those still struggling as a result of the COVID-19 pandemic, according to FM Global.
JOHNSTON, R.I., USA—A new first-of-its-kind analysis links hurricane damage to a loss in shareholder value and, conversely, property protection to value preservation, according to research commissioned by FM Global, one of the world’s largest ...
JOHNSTON, R.I., USA—Officials predict Hurricane Florence will cause “massive damage” and involve a “long-term recovery.” Businesses can’t afford that, especially if they supply necessities like food, shelter, fuel, power and paychecks. Quick recovery ...
For senior financial executives at large U.S.-based companies with operations in Texas, Florida or Puerto Rico, last year’s hurricane season brought not only catastrophe to their communities, but a risk management wake-up call.
For businesses disrupted by Hurricanes Harvey, Irma and Maria, getting the cash needed to resume operations, serve customers and pay employees is critical. If you’re insured, you need...