Preliminary estimates from CoreLogic® show that 57,002 homes in the Florida Gulf Coast are at potential risk of storm surge damage from Hurricane Michael based on its projected Category 3 status at landfall. The total reconstruction cost value of these homes is approximately $13.4 billion. This is likely to change as the storm develops.
LOSS OF USE- A provision in homeowners and renters insurance policies that reimburses policyholders for any extra living expenses due to having to live elsewhere while their home is being restored following a disaster.
INSTITUTIONAL INVESTOR- An organization such as a bank or insurance company that buys and sells large quantities of securities.See Full Glossary
FOR IMMEDIATE RELEASE Kim Kirchner, Coburn Communication: (212) 536-9837; Kim.Kirchner@coburnww.com New York Press Office: (212) 346-5500; email@example.com NEW YORK, October 11, 2018 — Reporters covering Hurricane Michael’s aftermath are encouraged to contact the Insurance Informatio… Read More
FOR IMMEDIATE RELEASE New York Press Office: Michael Barry, 917-923-8245, firstname.lastname@example.org Florida Press Office: Lynne McChristian, 813-480-6446, email@example.com Georgia Press Office: Bill Davis, 770-331-9279, firstname.lastname@example.org TALLAHASSEE, FLORIDA, October 9, 2018 –Reporters covering Hu… Read More