While only a small percentage of homeowners may experience a loss in a given year, property loss is unforgettable. The purpose of property insurance is to minimize the financial damage caused during a property loss.
Following Hurricane Michael little remained in Mexico Beach Florida. Destruction was the only obvious landscape feature surrounding this beautiful beach community. In surveying photos of the damaged community, however, one thing sticks out.
By now, most Americans have grown accustomed to smart devices. Whether it is a smartphone or a smartwatch, we interact many times a day with some sort of smart device. These gadgets have changed the way we live providing unprecedented convenience and productivity.
On March 3, 2019, the small sleepy town of Beauregard Alabama began the day just like any other. By 2:00 pm, the chaos began. A violent long track tornado ripped through the town causing 27 fatalities and 97 injuries. By 2:30, the chaos was over. This rural community was devastated.
Hurricane Michael developed into a Category 5 storm on October 10, 2018, and made landfall near Mexico Beach, Florida, in the Florida Panhandle. Michael had wind speeds that just recently confirmed it as a Category 5 storm, which is likely the strongest hurricane to ever hit the Florida Panhandle.
The value of the global hotel industry crossed $500 Billion in 2018. In the US alone, that number reached $200 Billion last year. The hospitality industry is one of the fastest-growing sectors in the world. That is largely due to innovation and forward-thinking trends.