Irene batters the US but commercial losses look set to be low
Hurricane Irene will be a personal lines insurance event in the US with few major commercial losses, raising the issue of coverage for flood policies, according to loss adjuster Cunningham Lindsey.
Ben Price, executive director at Cunningham Lindsey International, told Post that, while the storm’s winds lost intensity when it made landfall on the East Coast, the rain was the “major problem”
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