Small business disaster prep includes insurance

The Associated Press has a look at what natural disasters can mean for small business. To read the full story, click here.

NEW YORK — Small business owners are getting some reminders this month that the forces of nature can threaten a company's survival. And that they need to be sure their businesses are well protected against a variety of disasters.

Data from the insurance industry shows that the recession has made business owners more reluctant to buy coverage. A survey commissioned by the Council of Insurance Agents & Brokers found that commercial property and casualty insurance premiums fell nearly 6 percent in the fourth quarter from the previous three months. That's a sign of falling demand — premiums were being lowered to encourage businesses to buy.

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