Business
July 26, 2021
What Does Builder’s Risk Insurance Cover?
Builder’s risk insurance provides property coverage for buildings and structures that are under construction. If you’re a builder or a commercial property owner, you could face considerable monetary loss if something goes wrong with the construction of a building if you don’t have builder’s risk insurance. This coverage is also known as “course of construction...
July 20, 2021
Why Starting Open Enrollment Early In 2021 Is More Important Than Ever
The COVID-19 pandemic shook the job market in ways never before seen. For one, it created so much uncertainty that employees who would’ve typically searched for a new job last year decided to stay put. For another, the pandemic prompted workers to take stock of their circumstances and consider what workplace perks matter most to...
July 8, 2021
Five Ways Nonprofits Can Improve Cybersecurity
Nonprofit (or not-for-profit) organizations operate by paying employees a fair wage but utilize donations, volunteer work and government support to fulfill their mission. In many cases, they have slim budgets and little funding for the cybersecurity solutions that many businesses take for granted. Since nonprofits might not have the funding to implement the latest cybersecurity defensive...
June 29, 2021
What To Consider In The Post-Pandemic Commercial Real Estate Environment
As vaccinations ramp up and Covid-19 transmissions decline, the journey toward normalcy seems just about over. Because of that, I believe commercial real estate generally and office space specifically remain sound investments. However, the pandemic has forever changed the way corporations and workers use these assets and, as a result, how investors should think about...
June 25, 2021
7 Key Trends Affecting 2021’s Hard Insurance Market
Around the one-year mark since the start of the pandemic, markets began to experience the lasting effects of the challenges presented to them in 2020. While I’m hopeful that there is light at the end of the COVID-19 tunnel, we’ll likely see hardening market conditions persist throughout 2021. Below, I explore in-depth some of the...
June 17, 2021
How to Evacuate a High-Rise Building
When asked, most people would say that they should “stop, drop, and roll” if their clothes caught fire. There are a few other basic rules most people know to follow, such as crawling on the ground because smoke rises. But many residents of apartment buildings are fuzzy on the details when it comes to emergency...
June 7, 2021
Industries That Experience the Most Fatal Work Injuries
During 2019, a total of 5,333 fatal occupational injuries occurred, marking the largest annual number since 2007, according to the U.S. Bureau of Labor Statistics (BLS), which reported an American died every 99 minutes from a work-related injury. Overall, fatal work injuries increased by 2% nationwide during the year. Further, the fatal work-injury rate did not change...
May 24, 2021
Amenities Are Reopening, With Technology At Their Core
Last year, once-bustling amenities in multifamily properties fell silent as residents stayed socially distanced in their units. Meanwhile, property managers sought alternative ways to engage residents and empower them to take advantage of the amenities they pay for while still feeling safe. They found that technology provided the bridge they were looking for. “In the past year, we’ve seen a rise...
March 30, 2021
New California COVID-19 Leave Law is Retroactive to Jan. 1
Under a new law, California employers with more than 25 employees must provide up to 80 new hours of supplemental paid sick leave for specific COVID-19-related reasons. The leave requirement takes effect March 29, 2021, but is retroactive to Jan. 1, 2021. Reasons for Leave Employees may take leave if they cannot work or telework because...
March 29, 2021
Seven Post-Pandemic Changes To Improve Your Commercial Building
Commercial property investors and property managers are bracing for the return of their tenants in 2021. Whether they’ll need to wait until the summer or fall is largely undetermined at this point. The major pushback to the office is dependent on how quickly the population can be vaccinated and reach herd immunity. What is clear...