Hurricane Michael Insurance Claims Pouring In

 Tuesday, October 23, 2018

 Business Insurance

Claims activity from Hurricane Michael, which came ashore Oct. 10 as a Category 4 storm, is in full swing almost two weeks later, industry sources said. Michael was markedly different than predecessor Florence, which soaked the East Coast in September. “Florence was much like Harvey, a slow-moving storm with a large geographical footprint,” said Gary Marchitello, New York-based head of property broking for Willis Towers Watson PLC. “Michael was certainly a very, very intense storm, but had a smaller footprint, and was also very, very fast-moving.
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