Home

Instant Insights / Managing risks this hurricane season

Here are the insights insurance pros and policyholders need to know to navigate the 2021 hurricane season.

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Businesses should designate one person — along with an appropriately trained alternate/backup — to take on the role of hurricane response coordinator. This person must communicate with leadership the minute they receive word of a hurricane and make sure all relevant stakeholders are informed of the threat in a timely manner. (Photo: Carolina K. Smith/Adobe Stock) Businesses should designate one person — along with an appropriately trained alternate/backup — to take on the role of hurricane response coordinator. This person must communicate with leadership the minute they receive word of a hurricane and make sure all relevant stakeholders are informed of the threat in a timely manner. (Photo: Carolina K. Smith/Adobe Stock)

The 2020 hurricane season was particularly devastating, with seven of the 30 named storms claiming 86 lives and causing more than $40 billion in damages.

For the sixth consecutive year, researchers at the National Oceanic and Atmospheric Administration (NOAA) and Colorado State University (CSU) predict 2021 will bring much of the same due to an “above average” hurricane season likely to impact thousands of businesses and millions of people.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.