Nuts & Bolts: Financial Risk Specialists Inc. of Indianapolis, Ind., introduced DIREC, a new disaster recovery insurance product for debris removal. DIREC provides municipalities, cities, states and in some cases corporations, insurance coverage for debris removal in areas declared by FEMA (Federal Emergency Management Association) and the President as national disasters. DIREC is now available in each FEMA region for all federally declared disasters. The product offers the local governmental entities coverage to assist with the costs and clean up after a natural disaster, and to expedite the restoration of normal services.
Contact: Allan Clark, clark@webconsulting.com
Was this article valuable?
Here are more articles you may enjoy.
Hedge Fund Money Is Reshaping a 180-Year-Old Insurance Model
Connecticut High Court: Injured Rental Car Occupants Covered for Uninsured Motorist
Florida Mobile Home Insurance Market Still Struggling With Premiums, Coverage
Lululemon Slips as Texas Announces Probe of ‘Forever Chemicals’ 


