uninsured businesses News

Puerto Rico’s Small Businesses Were Underinsured for Maria Damages

Only a tiny fraction of small businesses in Puerto Rico was fully insured for losses arising from last year’s Hurricane Maria, which hit revenue or raised costs for more than three-quarters of them, according to a Federal Reserve report on …

Small Businesses Hampered by Uninsured Damage After 2017 Hurricanes: Fed Reserve

Small businesses in the United States struggled with uninsured damages and lost revenue following a record-breaking year of hurricanes and wildfires, according to a Federal Reserve survey published on Tuesday. The report by the Dallas, New York, Richmond, and San …