Courtesy of iii.org With predictions of an above-average hurricane season issued by Colorado State University this week, businesses need to take measures to prepare and increase their chance of surviving, according to the Insurance Information Institute (I.I.I.). Forty percent of businesses do not reopen after a disaster and another 25 percent fail within one year, according to the Federal Emergency Management Agency (FEMA). But by taking action now to prepare, businesses can increase their chance of getting back on their feet financially and keeping their doors open. The I.I.I. and the Insurance Institute for Business & Home Safety (IBHS) recommend the following steps: Develop a Business Continuity Plan Having a business continuity plan is vital for companies to prepare for, survive and recover from a hurricane. Use IBHS free OFB-EZ® (Open for Business) business continuity planning tool to create a plan that focuses on recovering after the initial emergency …