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More than one million Florida homes and businesses were without power on Friday after Hurricane Matthew lashed the coast with high winds and heavy rain.

As Hurricane Matthew rolled toward Florida earlier this week, the meteorologists at Verisk Analytics were tracking its every move.

Obama's action authorizes FEMA to coordinate all disaster relief efforts and to provide appropriate assistance for required emergency measures.

A strengthening Hurricane Matthew is on course to batter the Florida, Georgia and South Carolina coasts, where it could cause $15 billion in U.S. losses.

Hurricane Matthew is increasingly likely to have significant impacts along the Southeast U.S. coast later this week, but its future effects along the Northeast seaboard remain uncertain.

Businesses have to be more concerned about lone wolf attacks than large-scale, 9/11 events. Terrorism insurance has to evolve to meet the threat.

A survey commissioned by Nationwide shows that 75% dont have a disaster plan.

As part of National Small Business Week, the Insurance Institute for Business & Home Safety offers eight recommendations to help insurance agency owners get started on severe weather preparedness.