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 preparing for natural disasters. The survey found that 28 percent of employees from Florida, Georgia and the Carolinas report that their employers are increasing investment in preparedness for natural disasters like hurricanes. Survey respondents also said that Hurricane Matthew interrupted normal business operations and 26 percent of employees said their companies lost customers or orders as a result of the storm. With just over one out of four affected businesses losing customers or business as a result of the storm, we cannot afford not to prepare.

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