Friday, October 26, 2012

Hurricane Sandy Deployment


BCMG has been placed on standby for deployments in VA, MD, DE, and NJ.  Though the exact path and ramifications of Hurricane Sandy on the east coast are too early to predict, BCMG is being placed on standby for several carriers with coastal state exposures.  Catastrophe operations will be based out of our regional office in Glen Allen, VA.

(image via: Weather Channel, updated 2 PM est)

 The potential damages reported could be significant, and according to this article on the Insurance Journal website, "some forecasters even say that Sandy has the potential to be a multibillion dollar disaster greater than last year’s Hurricane Irene".