Blog

2020 Fall and Winter Weather Predictions

Like putting on the Christmas album before we’ve sat down to Thanksgiving dinner, it seems early to begin talking about winter while hurricane season extends beyond average expectations. But the recent warming trends that have caused record breaking hurricane activity in the Gulf this summer are expected to affect eastern and northern parts of the

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As Hurricane Season Continues, Numbers Can Be Deceiving

FACT: In September, 1999, Hurricane Floyd made landfall at Cape Fear, North Carolina as a Category 2 hurricane, with 105 mph winds. It produced heavy rainfall, which led to extensive power outages and severe flooding, that damaged thousands of homes. At the time, it was considered the most catastrophic storm in 40 years–not because of

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CAT 5 Survival Guide

Fact: the 2020 Atlantic storm season is the first on record where nine tropical storms formed before August, with thirteen forming before September. Between Hurricane Hanna, Isaias, Marco, Laura, and Sally, this hurricane season is poised to be especially destructive – one might even call it a “Category 5 Hurricane Season”. A true Category 5

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Flood Claims Experts

“Determine the thing that can and shall be done, and then we shall find the way.” – Abraham Lincoln Everyone, including us here at Vector Risk Solutions, has been watching 2020 unfold in shock, like a movie you can’t take your eyes off.  It’s been absolutely crazy so far and where it’s going next is

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INSURANCE CLAIMS UPDATE

In June, our blog covered the growing number of COVID-19-related business interruption claims, and whether or not those claims could, or likely would, be paid.  Since then, more interruption claims have been filed, rejected, and proceeded to litigation.  Because it appears we’re looking at a new wave of COVID cases, it’s reasonable to expect more

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BUSINESS INTERRUPTION CLAIMS DURING THE PANDEMIC

Can Insurance Save Our Economy from COVID-19? As the COVID-19 pandemic evolves, business interruption claims have become a national topic.  Pundits, insurance commissioners, trade spokespersons, national legislators, and even POTUS are weighing in on whether existing insurance contracts are enforceable by businesses now experiencing losses due to mandatory civil closures and other pandemic-related causes. President

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