You may have wondered where the phrase “a canary in a coal mine” originates. Wiktionary dictionary defines it as “something whose sensitivity to adverse conditions makes it a useful early indicator of such conditions; something which warns of the coming of great danger or trouble by a deterioration in its health or welfare.” The metaphor originates from the times when coal miners carried caged canaries while at work; if there were any methane or carbon monoxide in the mine, the canary would die before the levels of the gas reach the point of being hazardous to humans.
If you live in Florida you have probably experienced the effects of the devastation and property damage directly caused by Hurricane Irma that slammed into our state on Sept. 10, 2017. Having a broad view of today’s landscape for restoration and reconstruction companies, I believe the future is bright if restorers make the right strategic moves to navigate the turbulent water of the P&C insurance industry.
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