When you hear the term “flood insurance” you might think it’s a precaution that homeowners need to take so they can cover any damages caused by a storm that floods their basement. While flood insurance is important for those that live in areas prone to flooding, flood insurance for business is also a worthwhile investment.
Today, The Graham Company announced the results from its 2015 Business Risk Survey. With this survey we reached out to 300 senior business professionals across the country to learn what keep reading >
According to the National Oceanic and Atmospheric Administration (NOAA), the 2015 Atlantic hurricane season will be a mild one. The NOAA is predicting of between six and 11 named storms with winds of 39 mph or higher. However, businesses in hurricane-prone areas should still make sure they are taking the necessary precautions to mitigate the potential losses from a storm.
The Terrorism Risk Insurance Program Reauthorization Act (TRIA) is set to expire on December 31 unless extended by Congress. If an extension were not to occur it could have an adverse effect on future economic development.