Insurance Questions News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Friday, February 19, 2021 Record-breaking winter weather in Texas has had devastating impacts across the state, and challenges still remain. Millions of homes and businesses were without power, water, internet and other services, leaving employees unable to work and businesses unable to operate. Access was impaired or prevented by ice and snow, along with governmental authorities encouraging or requiring closures. And new damage is occurring as rising temperatures turn frozen pipes into leaking ones. On top of all this, COVID-19 adds yet another dimension that may lengthen the repair and recovery process. Fortunately, insurance can help businesses speed their recovery. Many insureds have questions such as: Are we covered for downtime? How about the lack of utility services? What if our facilities seem relatively unaffected, but we still lost sales because our customers or suppliers were impacted? Are governmental funds available to aid our recovery? These and other issues

United statesCivil authorityEmergency management agencyService interruptionInsurance recoveryHall insuranceCall potentialMany potentialFunds might be availableNon profits providing essentialFederal emergency management agencyStafford actTexas winter stormBusiness recoveryInsurance questionsGovernmental funds