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California Requests Insurers to Expedite Claims for Wildfires

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...
Insurers Prepare for Hurricane Florence Claims

Insurers Prepare for Hurricane Florence Claims

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...
Subtropical Storm Alberto Marks the Start Hurricane Season

Subtropical Storm Alberto Marks the Start Hurricane Season

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....
Volcanic Eruption Leaves Destruction In Its Path

Volcanic Eruption Leaves Destruction In Its Path

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...
Factory Fires Cause For Local  Evacuation

Factory Fires Cause For Local Evacuation

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...
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