Posted on September 24, 2018
9/24/2018 5:37:00 AM
Source: Business Insurance
A 5.2-magnitude earthquake struck the Dominican Republic on Sept. 23 shaking several hotels on the island, Daily Star reported. The quake was also felt in Haiti.
Property Insurance indemnifies an Insured whose property is stolen, damaged, or destroyed by a covered peril. The term property insurance includes direct or indirect property losses covered in several lines of insurance.