Storms like the one that recently caused widespread devastation in the Carolinas leave behind challenging questions about business interruption insurance coverage. Quantifying a policyholder’s business interruption loss is...more
It's been two weeks since the full force of Hurricane Florence squarely hit the eastern North Carolina coast from New Bern to Wilmington and all parts in between. As we struggle to find a new normal and address recovery...more
In the wake of Hurricane Florence, a thorough understanding of the coverage available, the facts surrounding the loss, and the applicable law can often be key to maximizing insurance recovery. Sub-limits for flood and...more
Our thoughts are with the individuals and businesses affected by Hurricane Florence. The Brooks Pierce team would like to help provide some peace of mind during this time of recovery. We hope the information below will be...more
The hurricane may trigger civil authority or ingress/egress coverage for businesses that are not directly damaged but lose income because they cannot access their operations for a period of time due to a governmental...more
Following record-setting levels of rainfall in the Carolinas from Hurricane Florence, businesses both in and outside of affected areas will likely be reviewing their flood coverage to assess how it will respond to adverse...more
Last week, Hurricane Florence made landfall. But anticipating its effects before it made landfall or was officially upgraded from a tropical storm, on Sept. 7, 2018, North Carolina Governor Roy Cooper signed Executive Order...more
The devastating impact of Hurricane Florence may be felt well beyond North and South Carolina Boasting over 460,000 manufacturing workers, North Carolina has the largest manufacturing workforce in the Southeast, and the 10th...more
The evacuation orders issued in both North and South Carolina in advance of Hurricane Florence and the extensive flooding following its landfall will no doubt give rise to business interruption claims. Typically, coverage for...more
With formidable winds, tremendous storm surge and prolonged rain, the damage caused by Hurricane Florence will no doubt reignite the age-old debate: what happens when damage is caused by both covered and excluded perils? The...more
With Hurricane Florence making landfall in North Carolina, our firm is frequently receiving questions from employers regarding their responsibilities to their employees during and following the storm. What follows is an...more
As residents and employers on the East Coast are aware, Hurricane Florence is expected to make landfall shortly. This type of disaster can take a toll on businesses in the affected areas, from property damage to employee...more