Most Disaster-hit Firms Have Wrong Type of Insurance

Posted on: April 25th, 2018 by Leaders' Choice Staff No Comments

A new report by four Federal Reserve Banks found that small businesses affected by large disasters had failed to secure the right type of insurance, and that there was a mismatch between damages suffered and their insurance coverage. While some businesses suffered actual property damage, the majority that were affected by hurricanes, other major storms, […]

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