INSURICA Healthcare Times 

Keeping you ahead of the risks and challenges unique to your industry.

Spring 2023
IN THIS ISSUE

Data analytics firm Verisk’s 2021 Hail Hazard and Its Impact on Property Insurance report found that 6.2 million properties in the United States experienced one or more damaging hail events in 2020, resulting in almost $14.2 billion in losses.

Protecting Commercial Property Against Hail

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FEATURED ARTICLE
View of city street on rainy day with hail

Protecting Commercial Property Against Hail

Hailstorms can be swift and destructive, damaging buildings, outdoor equipment and vehicles in a matter of minutes. For commercial property owners, hail damage can result in destroyed property, costly repairs, business disruptions and lost revenue.

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FEATURED ARTICLE
Fire Sprinkler, focus at selective, Fireplace in the office for safety and to reduce damage in case of fire, signage exit blur background.

Sprinkler System Failures

When it operates correctly, your commercial property’s sprinkler system can play a vital role in suppressing a fire. According to a recent report from the National Fire Protection Association (NFPA), in fire incidents substantial enough to require assistance from a sprinkler system, these systems activated 92% of the time.

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FEATURED ARTICLE
A commercial property claims adjuster in devastated room of abandoned building

Navigating Commercial Property Claims

In the event of a catastrophic commercial property loss, the process of getting your business back up and running can be overwhelming. Although infrequent, these types of claims can severely impact operations, earnings, team members and the company’s reputation.

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