The impacts of Hurricane Harvey are still unfolding and it will be days and potentially weeks before we have a sense of the full loss from the storm. Our thoughts are with our colleagues, clients, and the communities affected by Hurricane Harvey. We are fortunate that all JLT colleagues are safe and are on call ready to support our clients.
We are here to support our clients
Our entire JLT global team is prepared and available to support you in this time of crisis. We have provided several resources below that can support your activities during this continuing and developing situation. We will update this on a regular basis and will keep our teams informed. Please reach out to anyone at JLT if you need assistance or support. Our thoughts are with all of those dealing with this situation.
Weather Updates from JLTRe
Hurricane Harvey is shaping up to be a landmark weather event in Texas and will likely surpass both 2008′s Hurricane Ike and 2001′s Tropical Storm Allison in terms of rainfall, flooding, and overall economic impact. With over 25 inches of rainfall in parts of Houston metro falling in just 2 days, rivers are well above their banks, reservoirs are at or over capacity, many roads are completely impassable, power outages are widespread, and more rain is in the forecast as Harvey continues to drag Gulf moisture onshore in the coming days. It is forecast to briefly re-enter the Gulf, make landfall again along the upper Texas coastline, before finally making a slow retreat from Texas only to bring flooding rains further east to Louisiana in the coming days.
Follow the JLT Re CATz blog for weather updates as this storm progresses.
Claim and Loss Support Resources
If you have suffered or believe you may suffer property and/or business interruption damage as a result of Hurricane Harvey, it is important to have the appropriate property advocates supporting your response efforts – reviewing your policy language and helping you understand if you may have an insurable claim. Moreover, if you do have an insurable claim, it is important to engage with a forensic accountant as quickly as possible – to begin to appropriately quantify the loss as well as expedite payments from insurers to support reduced cash flows that may be occurring due to the event.
JLT has experienced property advocates, forensic accountants, and specialists who can help you respond efficiently and effectively to maximize available insurable recoveries. In addition, our team can also provide advice regarding restoration, salvage, and other response firms and strategies in order to help you minimize property damage, financial impact, and reputational damage.
Click here for a list of JLT resources.