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Hurricane Sandy

/Hurricane Sandy

Miami at Risk Without Coastal Flood Insurance

Not having coastal flood insurance in Florida is silly; not having coastal flood insurance in Miami is crazy. Miami's antiquated flood-control system was designed more than 60 years ago, before the area exploded with development and became one of America's largest cities. All it will take is one major storm surge from a hurricane to [...]

By |October 21st, 2014|Categories: Flood Insurance, Hotels, Hurricane Sandy, Risk Management|Tags: , , |

Population in Coastal Areas Still Growing Despite Extreme Weather Risks

Hurricane Sandy was the most recent example of the devastating havoc Mother Nature can wreak on coastal communities. But that isn’t stopping people from moving along the shore and building from taking place. In fact, recent estimates from the National Oceanic and Atmospheric Administration (NOAA) and the U.S. Census Bureau shows that our already-crowded coast will see population grow [...]

Demand for Excess Flood Insurance Rising

We’ve been talking a lot about Sandy and the residual effects of the hurricane that hit the Northeast last October. And in the coming months we’ll continue to do so as different issues continue to arise, putting insurance in the spotlight as businesses and residents learn about what is and isn’t covered during the claim process. One of the [...]

Extreme Weather Conditions Put Spotlight on Coastal Properties & Increased Exposures

Hurricane Sandy’s destruction along the Jersey Shore and the wreckage it left behind underscores the exposures properties face so close to the coast. Now many are rethinking the development that has taken place along the Shore over the last two decades and whether changes should be made to coastal land-use regulations and building codes. What’s more, the [...]

Wage and Hour & Other Employment Issues Arise in the Wake of Sandy

Superstorm Sandy’s impact will be far-reaching for months and years ahead, as the hardest-hitting areas in New Jersey, New York, and Connecticut grapple with cleanup and rebuilding. What’s more, many issues have reared their heads in the wake of Sandy – from business interruption issues, supply chain disruptions, and flood coverage disputes to building code regulations and [...]

After the Storm: Worker Safety Paramount During Clean-Up

The total cost of Superstorm Sandy’s damage on the East Coast are still unknown, with estimates of in excess of $50 billion in economic losses, and between $20-$25 billion in insured losses, according disaster-modeling company Risk Management Solutions. The human suffering and devastation, of course, is immeasurable with the death toll at about 160 and [...]