No industry is more affected by trends in the insurance business than a restoration firm. Insurance companies provide both a source of revenue to restoration firms in the form of claims payments and the insurance that enables companies to stay in business.

Now, insurance companies are feeling the stress of coronavirus and that is trickling down to restorers. Insurance companies are being stressed in a number of ways including historically poor underwriting profitability in the restoration class of business, poor returns on their investments, and the anticipated and unanticipated effects of coronavirus.