PROPERTY DAMAGE: RECOUPING YOUR LOSSES
More than two weeks into the 2010, the National Oceanic and Atmospheric Administration (NOAA) has said this year’s hurricane season could be one of the strongest on record, making early preparation more important than ever. In addition to stocking supplies, securing your home and determining where you would evacuate if needed, Gulf Coast residents should be educating themselves on property insurance. “It’s important to protect property from further damage, but those affected must also preserve the damages,” says Dan Jones, who has extensive experience in insurance and expertise in risk management. Jones is an executive professor in the Bauer College of Business, and he teaches classes in international risk and insurance, risk management, insurance operations and regulations, and energy insurance and risk management.
To schedule an interview with Jones, see Media Contacts section to the left.
WHAT PRECAUTIONS SHOULD BUSINESSES TAKE?
Hurricane season is a prime time for small businesses to make sure their continuity plans are up to par, according to James Evans, director of the UH Small Business Development Center’s Hurricane Business Recovery Center, an organization charged with revitalizing businesses throughout the upper Texas gulf coast that were impacted by Hurricane Ike. Extensive planning is a must for business owners who want to weather a storm, he adds, stressing the importance of backing up all data and strengthening or creating a continuity plan, or a logistical outline of how an organization would recover and restore critical functions after a disaster.
To schedule an interview with Evans, see Media Contacts section to the left.