As Hurricane Michael threatens the Florida panhandle, AIA offers these tips for those who are preparing for the storm.
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AIA's Steve Simchak says, "We felt it was very important that the insurance industry both in the United States and in the United Kingdom be part of the collaborative efforts amongst the financial services industries..."
September is National Preparedness Month. Reviewing your insurance coverage is an important component of being prepared.
AIA's Tom Santos says, "Start documenting what the damage is... take pictures if you can."
Generally, he said, D&O coverage excludes lawsuit coverage from deliberate criminal acts, but if the board of directors’ actions did result in a stock drop, the coverage could apply.
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