That is one of the questions that Integro’s Michael Korn believes the industry will try to answer in the days and weeks ahead. See what else Korn had to say in his interview with Business Insurance on the impact of Hurricane Florence.
“It’s not going to be as much the traditional wind,” said Michael Korn, leader of Integro Insurance Brokers’ property practice based in San Francisco. “It’s going to be about all the water that Florence is going to dump onto the land. As we saw in Harvey, that makes you start to think about how does each policy handle windstorm? How does each policy handle flood? Where does storm surge belong in a policy? There’s no one size fits all.”