|Sandy: How it went, what we learned, future impacts--UPDATED|
Issues range from readiness to future of flood insurance
Hurricane Sandy brought devastation to many areas, and taught Manhattanites that even their concrete canyons weren't immune to Mother Nature's nastier moods. Banks in Sandy's path, woven into the fabric of communities large and small, often found themselves among the essential services that shaken citizens most wanted to see restored, after light and heat.
In an industry where institutions are examined for business recovery readiness, banks found themselves prepared for bad times. Many preparations worked, some need rethinking, and others need revamping.
Over the horizon, as cleanup and reconstruction continue, remain questions. You'll find many of these posed in the articles that appear below.
How it went: "Nothing counts like preparation
Communicating when the power's out.
What we learned
Future impact—and the ongoing flood insurance compliance challenge
Aids for ABA members
• ABA's Insurance Risk Management Annual Forum: Feb. 3-6, 2013, meeting includes a session called "After Effects of Sandy: An Autopsy" Read more/register
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