In catastrophic situations, such as a hurricane or earthquake, damage will be covered by separate policies for flood and earthquake. (creditdonkey.com)
It is the employers duty to make sure the proper procedures are in place and enforced to prevent these types of catastrophic situations. (smithwilsonlaw.com)
When companies are liable to accident victims, they typically carry commercial policies with limits of a million or more dollars and often carry excess coverage for catastrophic situations. (getinjuryanswers.com)