Month: May 2019
Our partnership with nonprofit organizations highlights the importance of risk mitigation outside of purchasing insurance. In fact, the risks nonprofits face are, in many cases, unique and potentially catastrophic to the very mission of the organization.
When it comes to catastrophes, the past two years have been dramatic, particularly in California. As a result, insurance companies are facing massive payouts for losses.
Most buyers of flood insurance have traditionally purchased coverage through the National Flood Insurance Program (NFIP), but the tides are changing.