Real Estate

May 11, 2022

Protecting Your Employees And Property During And After A Wildfire

Wildfire season is here, and the aftermath of an unexpected and out-of-control fire can be devastating for anybody, including your business. According to the National Interagency Coordination Center (NICC), 70,600 wildfires burn an average of 7.0 million acres each year. A wildfire can have a direct impact on your company’s property, equipment, and assets, as well...

May 10, 2022

How to Combat Workplace Risks in a Distributed Workforce

Distributed workforces are not a new concept, but with COVID lingering and many employees preferring the flexibility of hybrid work, businesses are quickly realizing that working across multiple locations instead of having everyone work under one roof is becoming the norm. With a greater focus being put on compliance, stress management, and other workforce challenges...

April 26, 2022

Office Risk is Increasing as Workers Continue to Prefer Remote Options

Since the initial wave of the COVID-19 Omicron variant started to subside, people have begun to return to the office in larger numbers than we have seen since the start of the pandemic. But office owners are still trying to define “return.” In our 2022 commercial real estate trends overview, we explored the on-going struggle between...

April 13, 2022

OSHA Launches Program to Protect Workers From Heat Hazards

On April 12, 2022, OSHA launched its National Emphasis Program (NEP) for protecting workers from heat hazards in indoor and outdoor workplaces. Through the program, OSHA will conduct heat-related workplace inspections before workers suffer preventable injuries, illnesses or fatalities. The NEP is effective on April 8, 2022, and will remain in effect for three years...

April 6, 2022

Anticipating Risks with Contractors Professional Liability Insurance

This article was produced in partnership with Tokio Marine HCC-Cyber & Professional Lines Group (CPLG) Karen Surca, of Insurance Business America, sat down with David Wiley, Senior Underwriter with Tokio Marine HCC-Cyber & Professional Lines Group, and Jim Bechter, Senior Vice President for architects & engineers/contractors professional liability (AE/CP), to discuss the need for sufficient liability coverage...

April 4, 2022

Inflation, Rising Catastrophe Costs Are Challenging Commercial Property Lines

In looking at near- and medium-term factors that will continue to affect the commercial property insurance markets in the year ahead, it is a certainty that insurers, brokers and customers will continue to experience the effects of inflation combined with more costly natural catastrophes. While there is not universal agreement about whether the tempo of...

March 30, 2022

What to Expect From Commercial Property Insurance in 2022

Commercial property rates have seen double-digit increases for two straight years and Gary Wells, managing partner at The Liberty Company Insurance Brokers, does not foresee a notable drop any time soon. The 2022 outlook for this segment is still quite uncertain as severe weather events continue to present challenges for carriers, brokers, and clients. “We...

March 28, 2022

Insurance Needs for HVAC Contractors

Heating, ventilation and air conditioning (HVAC) contractors install, maintain and repair heating and cooling systems in residential and commercial structures. They work with appliances, water heaters, toilets and sprinkler systems in new buildings and existing structures. Due to the wide variety of tasks these contractors perform, they may need specialized coverage to protect against liabilities....

March 25, 2022

Spring Storm Safety Tips for Businesses

Spring can bring about some of the year’s most dangerous weather and wreak havoc on many aspects of a company’s operations. This article discusses the weather threats to watch out for during spring and measures businesses can take to minimize damage. Dangerous Spring Weather Unexpected severe weather increases the risk of property damage, injury and...

March 22, 2022

Earthquakes: You Can’t Predict Them, But You Can Prepare

“Neither the United States Geological Survey (USGS) nor any other scientists have accurately predicted a major earthquake,” according to a recent post in the California Residential Mitigation Program (CRMP) blog. “And scientists do not expect to be able to predict earthquakes in the future. However, USGS scientists can calculate the probability that a significant earthquake will occur in a specific area within a...