When new technology, customer confusion, plus new pricing and fines all converge beginning this January, a cloud of litigation may fall upon the industry – don’t get caught in the storm.
The United States has suffered a recent spike of severe weather events. According to the National Oceanic and Atmospheric Administration (NOAA), the U.S. has experienced an average of 4.8 “billion dollar” weather events per year since 1980 (in 2012 adjusted dollars). A remarkable 25 of those events occurred between 2011 and 2012, nearly tripling the historic average.
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