As Hurricanes Helene and Milton caused more than $100 billion in combined damage across multiple states in early October, business owners nationwide faced a harsh reality about disaster preparedness. On October 15, 2024, Parag Amin, Managing Attorney and founder of LawPLA, appeared on SiriusXM’s Wharton Business Daily to address critical legal and recovery challenges facing hurricane-affected businesses.

The timing proved particularly significant. On October 15, 2024, the SBA announced its Disaster Loan Program had run out of money, leaving thousands of businesses in limbo just when they needed federal assistance most. With 37,000 applications for relief from Hurricane Helene and 12,000 applications from Hurricane Milton, Amin provided essential insights on navigating insurance claims, understanding SBA disaster loans, and protecting business interests when traditional relief programs fall short. His discussion offered practical strategies for documenting losses, working with insurance adjusters, and exploring alternative funding sources—lessons that prove invaluable for any business owner facing property damage or operational disruptions.