Following losses caused by hurricanes Helene and Milton, Bloomberg Law featured Partner Brent Vincent and other attorneys representing corporate policyholders on the hard insurance market.
Policies can be designed to manage property risk in an affordable way despite the tough insurance market, said Brent. Some policyholders may opt to pay higher premiums for coverage that is triggered at a lower threshold, while others take on a higher retention to keep premiums low, he said.
Read the full article here: Hurricane-Hit Businesses Brace for Drawn-Out Insurance Disputes