COVID-19 has brought forth an influx of business interruption claims as companies shutdown by the pandemic seek retribution. But the courts must determine if actual physical loss has occurred.
After a damaging winter storm in 2011, officials in Texas received recommendations on weatherizing the state’s grid. Those recommendations were not followed, and in 2021, Texans paid a big price.
From COVID-19 to hurricane season, property owners felt the strains of 2020. Liberty Mutual’s Gregg Cunningham and Ed Mazman share what we can glean from the lessons learned this year.
No matter who wins on November 3, a disaster-weary country will need all the help it can get to stop the tide of mounting losses and uncertainty. Preparing now for the likelihood of post-election uncertainty can help.
Preparation and action that takes place now can help businesses become more efficient, effective and resilient to natural catastrophes and similar crises in the future.
Collisions with insurance company legacy systems is just one reason why the use of artificial intelligence in property underwriting has not advanced as far as some would like.