"Businesses expressed readiness to invest in heightened resilience highlights the economic impact of climate risk and the potential recovery costs," the Triple-I wrote in its analysis of the November 2023 Nationwide Agency Forward Commercial Lines Protection Survey. "This trend indicates a shift in the business community's stance toward predicting and preventing losses from climate risk, focusing on proactive risk management and stringent construction standards." (Credit: Lembergvector/Adobe Stock)
Insurance agents who serve commercial property owners play an integral role in helping these insureds adequately prepare for weather-related disasters, Nationwide reported in its recent Commercial Lines Protection Survey.
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Elana Ashanti Jefferson
Elana Ashanti Jefferson serves as ALM's PropertyCasualty360 Group Chief Editor. She is a veteran journalist and communications professional. Reach her by sending an e-mail to [email protected].
