Top Catastrophe & Restoration Stories
Lightning-related fires behind as much as 5% of commercial property claims
By Steve HalloCumulatively, lightning-related fires account for $2 billion in annual payouts to small- and medium-sized businesses.
Claims magazine covers a wide range of catastrophes ranging from hurricanes, wildfires, earthquakes and tornadoes to hail storms, wind storms, volcanoes, fires, floods and more. We educate insurance professionals on what to look for with these claims, hazards to be aware of, applicable government and industry standards, red flags for fraudulent claims and helps insurers educate and prepare their staffs for these events.
Cumulatively, lightning-related fires account for $2 billion in annual payouts to small- and medium-sized businesses.
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