Instead of waiting for aid to trickle down, Haiti received an immediate disbursement of $23 million from the Caribbean Catastrophe Risk Insurance Facility (CCRIF). The payment was due under a tropical cyclone policy the CCRIF had issued to Haiti back…
Hurricane Matthew Motivates Preparedness
Hurricane Matthew is the most expensive Atlantic hurricane since Superstorm Sandy, which struck the East Coast four years ago. FM Global, a leading property insurer, conducted a survey to determine if the hurricanes motivated businesses to re-think their approaches to…