by The Egis Group | Nov 26, 2018 | Insurance Information
Catastrophe modeler RMS has estimated costs from both the Camp and Woolsey wildfires in California. The Camp wildfire shows $7.5 billion to $10 billion in damages while the Woolsey Fire is estimated between $1.5 billion to $3 billion. This brings the total of both...
by The Egis Group | Sep 23, 2018 | Insurance Information
Before Hurricane Florence even reached land, businesses and insurers were prepared for the destruction. Companies closed their doors so employees could evacuate before the hurricane struck. Those with business-interruption insurance policies were able to start the...
by The Egis Group | Jun 4, 2018 | Insurance Information
Hurricane season started a week earlier than expected when Subtropical Storm Alberto first made its appearance in the Gulf of Mexico last month. Alberto made its way from Florida through Alabama and Tennessee, hitting North Carolina, and even reaching Michigan....
by The Egis Group | May 11, 2018 | Insurance Information
A volcano suddenly spewing 2,200-degree lava. Molten rock running down streets, burning everything in its path. It sounds like a plot of a movie. Unfortunately, it is all too true for over 1,700 Hawaiian residents evacuated from their homes due to the volcanic...
by The Egis Group | May 1, 2018 | Insurance Information
Last month, two large fires caused resident evacuations and closed local schools. Each fire started at local factories, one an oil refinery and the other a mulch producer. The factory fires were both eventually contained with minimal damage to nearby homes and...