Hurricane Season – Here we go again
Hurricane Season – Here we go again
Even while post Sandy restoration efforts continue along the Jersey Shore, the NOAA’s Climate Prediction Center has reported there is a 70% likelihood of 13 to 20 named storms in the Atlantic this year. 7 to 11 of these storms may become hurricanes, while 3 – 6 may develop into Category 3, 4 or 5 hurricanes. Just six days into the season, a tropical depression is rumored to be swirling in the Caribbean basin
These predictions exceed averages of 12 named storms, 6 hurricanes and 3 major hurricanes.
Kathryn Sullivan, Ph.D., NOAA acting administrator, has stated, “With the devastation of Sandy fresh in our minds, and another active season predicted, everyone at NOAA is committed to providing life-saving forecasts in the face of these storms and ensuring that Americans are prepared and ready ahead of time.”
Because the Atlantic hurricane season is already upon us, there is no time for delay in preparing for the next devastating storm. For every firm, preparation will not be complete until insurance coverage has been thoroughly checked for leaks, cracks and instability by an insurance professional. Don’t allow the policy to dictate your needs. Too many business interruption losses were not covered last year as a result of incomplete analysis and thought regarding coverage.
At KMRD Partners, our #1 priority is to help KMRD clients prepare for the next super storm. If you have any questions about what is and is not covered by your policy, our coverage experts are ready to be of assistance.
KMRD reduces the overall cost of risk for clients by producing a greater value for each insurance dollar spent, while utilizing an enterprise risk management approach to engineer the optimal solution. The firm’s diagnostic process is supported by its unique collaborative technology, KMRD XCHANGE ®.
We are dedicated to anticipating risk and helping firms recover from unplanned events that wait on the other side of one minute from normal.
To identify and correct coverage and service gaps in your insurance contact us at contactus@kmrdpartners.com before one minute from normal strikes your company.
