FinancialsOct 23, 2025
Jewelry Sales Resilient Despite Struggles at LVMH, KeringThe luxury conglomerates faced a challenging Q3 amid geopolitical and economic tensions.
IndependentsAug 27, 2020
What to Do Before and After a Hurricane
As Hurricane Laura makes its way north, Berkley Asset Protection and Jewelers Mutual Group offer 26 tips for jewelers on preparing for, and dealing with, major storms.
Hurricane Laura made landfall early Thursday morning on the Texas-Louisiana border. As it moves north, here are tips for jewelers in its path on how to protect their stores, employees and goods. (Photo credit: National Oceanic and Atmospheric Administration)
New York—Hurricane Laura made landfall early Thursday morning near the Texas-Louisiana border.
The Category 4 storm is the second named hurricane of the year, following Hurricane Hanna in late July.
After “rapid intensification” over a 24-hour period into Wednesday, Laura lashed the coast with 140-mile-per-hour winds when it hit land.
According to the National Oceanic and Atmospheric Administration, the massive storm was downgraded to a Category 2 by Thursday morning but still had sustained winds of more than 100 mph and is expected to cause “catastrophic damage.”
Through the week, NOAA expects Laura to move up the Texas-Louisiana border and into Arkansas before heading east, through southeast Missouri, northern Tennessee and southern Kentucky.
Insurance companies Berkley Asset Protection and Jewelers Mutual Group offer tips to help retailers that are in the storm’s path prepare.
1. Stock up on emergency supplies if you haven’t already. This includes plywood for windows if there are no shutters, as well as mops, brooms, tarpaulins to cover key equipment and sandbags.
2. Keep an eye on TV, radio and online to monitor weather conditions and the issuing of watches and/or warnings.
3. Test generators, emergency lighting, uninterruptible power source equipment and sump pumps to make sure they’re functioning properly.
4. Put items that could be picked up by wind, such as store signs and outdoor furniture, inside the building.
5. Close windows, doors and hurricane shutters. If you don’t have the latter, close and board up all windows and doors with plywood.
6. Turn off propane tanks and unplug small appliances.
7. Store jewelry inventory in the safe or in a bank.
8. Make sure the computer system is fully backed up and that a copy of key information—like inventory records, repairs, vendors, year-to-date sales, vendors and contacts—has been made to be kept in a safe place away from the store. Jewelers Mutual has a checklist of such material in its Hurricane Preparedness Guide.
9. Charge cell phones and download a weather app, like NOAA Now or NOAA Weather.
10. Give both your staff and local law enforcement your cell phone number.
11. Cover computers, machinery, supplies and other areas with tarps. Avoid storing materials on the floor if they could be damaged by water.
12. Fill your car’s gas tank and get extra cash out.
13. Create an evacuation plan and communicate it to your team, business neighbors and family members. Learn safe routes to travel inland.
14.
Evacuate if advised by authorities. Leave early, during daylight hours if possible. Be careful to avoid roads that are flooded or washed out.
15. Since most business insurance plans don’t cover flooding, consider flood insurance through the National Flood Insurance Program, which must be purchased in advance.
16. Do not go near standing water or moving water, or attempt to drive across flowing water.
Berkley Asset Protection and Jewelers Mutual Group also have 10 tips for retailers that apply to after a hurricane has come through.
1. Do not return to the area until the authorities say it is safe to do so.
2. Survey for damage and take pictures of any damage to the building and its contents.
3. Contact your security company and insurance agent as soon as possible to report damage and review next steps.
4. Check for downed power lines and exposed electrical lines. Report loose or dangling power lines to the local utility company, police or fire department.
5. Before utilities are turned back on, check for gas leaks, look for electrical system damage and check for sewage and water line damage.
6. Complete temporary and immediate repairs to minimize hazards and ensure the building can be safely accessed.
7. Remove all debris as soon as the adjuster has been contacted, and separate damaged property from undamaged property, taking care to protect the latter.
8. Use the telephone only for emergency calls, keep abreast of the current situation, and account for all employees.
9. Critique your pre- and post-storm actions to find strengths and weaknesses and make necessary adjustments for the next emergency.
10. As you are setting up the store again, don’t forget to take COVID-19 protocols into account.
“Remember that COVID didn’t go away just because Laura showed up. You should still be taking the necessary precautions—wearing a mask, washing hands, and social distancing,” said Andrew Chipman, vice president of jewelers block at Berkley Asset Protection.
For additional help from either company, visit BerkleyAssetPro.com or JewelersMutual.com.
15. Since most business insurance plans don’t cover flooding, consider flood insurance through the National Flood Insurance Program, which must be purchased in advance.
16. Do not go near standing water or moving water, or attempt to drive across flowing water.
Berkley Asset Protection and Jewelers Mutual Group also have 10 tips for retailers that apply to after a hurricane has come through.
1. Do not return to the area until the authorities say it is safe to do so.
2. Survey for damage and take pictures of any damage to the building and its contents.
3. Contact your security company and insurance agent as soon as possible to report damage and review next steps.
4. Check for downed power lines and exposed electrical lines. Report loose or dangling power lines to the local utility company, police or fire department.
5. Before utilities are turned back on, check for gas leaks, look for electrical system damage and check for sewage and water line damage.
6. Complete temporary and immediate repairs to minimize hazards and ensure the building can be safely accessed.
7. Remove all debris as soon as the adjuster has been contacted, and separate damaged property from undamaged property, taking care to protect the latter.
8. Use the telephone only for emergency calls, keep abreast of the current situation, and account for all employees.
9. Critique your pre- and post-storm actions to find strengths and weaknesses and make necessary adjustments for the next emergency.
10. As you are setting up the store again, don’t forget to take COVID-19 protocols into account.
“Remember that COVID didn’t go away just because Laura showed up. You should still be taking the necessary precautions—wearing a mask, washing hands, and social distancing,” said Andrew Chipman, vice president of jewelers block at Berkley Asset Protection.
For additional help from either company, visit BerkleyAssetPro.com or JewelersMutual.com.
More on Independents
The Latest
SourcingOct 23, 2025
Petra Diamonds Turns to Shareholders to Raise Capital The struggling diamond mining company, which owns the historic Cullinan mine, has launched a rights issue to raise about $25 million.
WatchesOct 23, 2025
‘Million Dollar Hip Hop Watches’ Recounts Watch HistoryThe book details the journey of watches as symbols of hard-earned success in hip-hop for artists like 2Pac, Jay-Z, and more.
Brought to you by
Are Earrings an Overlooked Category? What Retailers Need to Know NowAs the holiday season quickly approaches, consider stocking one category that sometimes gets overlooked: earrings.
AuctionsOct 23, 2025
Freeman’s | Hindman Names New VP, Senior Specialist for Jewelry & WatchesAlexis Vourvoulis, who most recently worked at Tiffany & Co., brings more than two decades of jewelry experience to her new role.
Weekly QuizOct 16, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
TrendsOct 22, 2025
The Taylor Swift Effect: Antique Diamonds EditionThe superstar’s August engagement put the stamp of approval on an already hot engagement ring trend.
TrendsOct 22, 2025
Don’t Forget These Diamond Jewelry Trends When Stocking for the HolidaysRetailers should offer classic styles with a twist that are a perfect fit for layered looks, experts say.
Brought to you by
Protect Your Customers and Your BusinessYou deserve to know what you are selling–to protect your customers as well as your business and your reputation.
AuctionsOct 22, 2025
Pink Diamond, Vanderbilt Jewels to Headline Phillips’ Geneva AuctionThe nearly 7-carat fancy vivid purplish pink diamond could sell for around $9 million.
SourcingOct 22, 2025
In ‘Storied Diamond,’ Jared Jewelers Is Emphasizing the Journey The retailer’s new collection of engagement rings and fashion jewelry is set with natural diamonds that are traceable via blockchain.
CollectionsOct 22, 2025
Tiffany & Co.’s ‘Bird on a Rock’ Finds New PerchChief Artistic Officer Nathalie Verdeille has reimagined the iconic design in both figurative and abstract creations.
Events & AwardsOct 22, 2025
JFC Kicks Off Halloween Costume ChallengeFive dollars buys one vote toward an industry professional you want to see dressed up as a hero, or a villain, this Halloween.
Events & AwardsOct 22, 2025
Hillsborough Antique Show Gets New OwnerRecently acquired by KIL Promotions, the November edition of the public show in San Mateo, California, will be held Nov. 7-9.
GradingOct 21, 2025
GIA Examines Rare Bicolor Pink DiamondThe stone’s two zones, one pink and one colorless, may have formed at two different times, the lab said.
MajorsOct 21, 2025
Pomellato Brings ‘Global Attitude’ to Rodeo Drive FlagshipHollywood glamour meets Milanese sophistication in the design of Pomellato’s new store in Beverly Hills, California.
Lab-GrownOct 21, 2025
Grown Brilliance Opens First FlagshipThe New York City store showcases a chandelier with 1,500 carats of lab-grown diamonds designed by an FIT student.
Events & AwardsOct 21, 2025
‘Douriean Fletcher: Jewelry of the Afrofuture’ Opens at MADThe Museum of Arts and Design's new exhibition features 75 pieces by the designer, best known for her work in the “Black Panther” films.
AuctionsOct 20, 2025
Sotheby's To Auction 10-Carat Vivid Pink DiamondMaking its auction debut, "The Glowing Rose" is expected to fetch $20 million at the November jewelry sale in Geneva.
SourcingOct 20, 2025
2 Mozambique Police Officers Killed at Gemfields’ Ruby MineThey were attacked on Oct. 15, as approximately 40 miners without licenses marched on the mine’s gate.
CrimeOct 20, 2025
See the ‘Priceless’ Jewels Stolen During Daytime Heist at the Louvre It took the masked thieves less than 10 minutes to steal eight irreplaceable jewels from two display cases in the museum’s Apollo Gallery.
SourcingOct 20, 2025
Pristine Gems Names New Director of European SalesGemologist Lauren Gayda has previously worked at The Clear Cut, Taylor & Hart, and Effy Jewelry.
Events & AwardsOct 17, 2025
An Edit of Italian Jewels Is Coming to NYCThe new showcase dedicated to Italian jewelry design is set for Oct. 29-30.
TrendsOct 17, 2025
Piece of the Week: Judi Powers Jewelry’s ‘Stella’ EarringsTake a gaze at the sky with this pair of platinum diamond-set star earrings with blue lace agate drops.
AuctionsOct 16, 2025
Sotheby’s Introduces Custom Jewelry ServiceThe new high jewelry design and production process takes 30 days or less from concept to completion, the auction house said.
MajorsOct 16, 2025
Oscar Heyman’s Holiday Catalog Is Out, and It’s SpectacularThe holiday catalog for 2025 features never-before-seen images of more than 100 one-of-a-kind masterpieces.
CollectionsOct 16, 2025
Foundrae Adds To ‘United in Love’ CollectionThe brand has released a second installment of its collection of traditional and non-traditional commitment heirlooms.
IndependentsOct 15, 2025
Retailer Hall of Fame 2025: Kathy CoreyCorey rescued New England chain Day’s Jewelers, preserving its legacy with strong people skills, pragmatism, and a “get-it-done” attitude.
