Catastrophe & Restoration

Has the economy finally affected everybody -- and everything? Did Mother Nature take a mandated furlough in June and July, content to work on her tan while sipping mojitos on the beaches of Miami?

With the downward shift in our economy, economists are telling business owners that the best thing they can do to increase business is to improve the level of customer service provided. That includes temp housing.

As the textile restoration niche has gained recognition as a viable component of the prop-erty claim process, the procedures for handling specific types of losses have become more refined and standardized.

Severe thunderstorms are responsible for causing more than $6 billion dollars in insured damages for the first six months of 2009, making it the leading cause for insurance losses so far in what has been called a moderate year for natural disasters.

In light of the unfavorable wind shear environment across the tropical Atlantic, WSI slightly reduced its projections for the 2009 hurricane season, now calling for a total of ten storms.

The severity of hurricane-related losses can vary drastically -- challenging insurers to be prepared for the unknown at all times. Here's how insurers are successfully adjusting to evolving risk exposures and policyholder needs.