In the first part of a 3-part series, the Hunton insurance team discusses how policyholders can plan for this year’s hurricane season. Part 2 will address how to prepare a claim after a loss in order to maximize the potential recovery, including by taking photographs of any damage and tracking curfews that affect your operations. Part 3 will discuss how to prevent denials of pending claims based on suit limitations periods. The team’s goal is to provide a comprehensive outline that will guide policyholders before and after a loss.
Continue Reading Hunton Insurance Team Helps Policyholders Prepare for the 2019 Hurricane Season, Part 1 of 3
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As Florence Eyes East Coast, Are You Looking At Your Insurance?
By Michael S. Levine & Andrea DeField on
Hurricane Florence will affect the U.S. east coast later this week with significant damage to property and resulting business disruption. Businesses far-removed from the impact zone also will be affected as manufacturing, retail, travel and supply chains, among other industries, are disrupted by the physical damage. For those in the impact zone, knowing the fundamentals about your property insurance is critical. For those in remote locations, now is a good time to refresh yourself as well, since post-storm disruptions and losses require prompt notice to insurers and fast action to help mitigate any resulting loss. A failure on either front could jeopardize coverage.
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Continue Reading As Florence Eyes East Coast, Are You Looking At Your Insurance?
Accessing Insurance After California Fires
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Posted in Business Interruption, Property
Homeowners and businesses are beginning the painful recovery process following the devastating fires in California. Insurance money will be critical to that process. Read Lorie Masters’ and Michael Levine’s article in Law360 about how you can protect your right to access those critical funds.
Hunton Insurance Recovery Team Head Discusses Hurricane Losses
By Michael S. Levine on
Posted in Business Interruption, Property
Hunton & Williams’ Insurance Recovery Team Head, Walter Andrews, was spotlighted in an article published in the Houston Chronicle last week regarding insurance for losses from Hurricanes Harvey and Irma. While the storms were devastating in their own unique ways – Harvey with extensive flooding; Irma with extreme wind and storm surge – both…
Keeping Your Business Afloat After the Flood
By Michael S. Levine & Andrea DeField on
Last week, nearly 200,000 people were evacuated from areas downstream of the Oroville Dam in Northern California. Today, separate recommended and mandatory evacuation orders continue for roughly 50,000 San Jose residents due to rising flood waters along Coyote Creek. Between the Oroville Dam crisis and the torrential storms battering Northern California, California businesses face significant loss arising from the flooding, the threat of flooding, landslides and the like. Fortunately, some of the damage to property and businesses can be mitigated by insurance.
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