ICAT Blog
September 27, 2022
Inflation and What it Means for the Insurance Industry
Inflation is a popular topic of discussion across all industries, including insurance. There are many factors contributing to the rising costs of goods and services such as supply chain issues, labor shortages and changes in technology.
September 12, 2022
How ICAT Handles Claims During Hurricane Season
ICAT Boulder Claims has responded to over 67 named storm and handled over 41,000 claims. ICAT Boulder Claims works to ensure our clients can quickly recover from a loss.
July 14, 2022 | Insurance Coverage
Ordinance and Law Coverage
Put simply, Ordinance and Law coverage protects the policyholder for the cost to upgrade their property due to the enforcement of new building codes in the event of a loss.
July 14, 2022 | Risk Mitigation
Understanding Hail Risks for Your Property
Hail can be one of the most destructive weather incidents to your property. Although hailstorms can occur anywhere in the world, they are most common in the United States. In 2019, over 7.1 million properties were damaged by hail with losses reaching $13 Billion. Hailstorms typically occur between February and July and are some of the most difficult weather conditions to predict.
July 14, 2022 | Risk Mitigation
4 Hazard Safety Tips to Keep Your Property Damage-Free
When it comes to owning a home or business, there are plenty of potential hazards that can put your property at risk. From severe weather to accidents, the potential of damage to your property can lurk anywhere. To help protect your investment, here are four hazard safety tips for keeping your property damage-free.
May 31, 2022 | Hurricane
Five-Step Hurricane Season Checklist
Don't let hurricane season catch you unprepared. Follow this five-step hurricane season checklist to make sure you're ready for the next storm.
May 31, 2022
Important Fire Safety Tips for Fire Prevention
The National Fire Protection Association (NFPA) reports that each year fires cause death and injuries, millions of dollars in property damage and countless hours of lost time. You may have only minutes to escape once a fire starts. In an effort to help keep you and your loved ones safe, we have compiled a list of important fire-safety tips. Whether you are at home or work, always be aware of your surroundings and know what to do in the event of a fire.
May 23, 2022 | Risk Mitigation
What Is a Lightning Rod?
A lightning rod is a metal pole that is installed on the roof of a building and is connected to a wire that runs down the side of the building to the ground.
February 09, 2022 | Hurricane
The Anatomy of a Hurricane
What makes a hurricane? When the ingredients needed to make a hurricane come together perfectly, the end result can be intense storms capable of causing immense destruction in their paths.
November 10, 2021 | Earthquake | Flood | Hurricane | Reinsurance | Risk Mitigation
Risk Mitigation Tips for Homeowners
When it comes to protecting your property against potential hazards and risks, you have plenty of options for mitigation in an effort to reduce the loss of life and property by lessening the impact of disasters.