In the last several years, fires and natural disasters have become an increasingly more common concern due to rapid, worldwide climate change. Whether it be wildfires, tornadoes, hurricanes, or flooding, business owners are at risk of losing their investments in the blink of an eye. In addition, the pressures of natural disasters are also affecting business insurance as well. In this report, we analyze the types of losses businesses are facing, the effect on insurance insurance industry, and what your clients should do to protect themselves.
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