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Property insurance

/Tag:Property insurance

Insurers Weighing in on Climate Change, Impact on Insurance

The third U.S. National Climate Assessment report was recently released along with an announcement by the Obama Administration of a series of executive actions to take place  “to reduce carbon pollution, prepare the country for the impacts of climate change, and lead international efforts to address global climate change.” Regardless of one’s view in the [...]

Apartment Building Development Ramps Up as Young Americans Look to Rent

Residential construction is beginning to ramp up, particularly in the rental apartment segment. Numbers from the Census Bureau and the Department of Housing and Urban Development reveal that total housing starts increased more than 18% from 2012 to 2013. For homes built in multifamily properties with five or more units, construction was up almost 25% [...]

Insuring Restaurants As Sector Sees Continued Growth Across the Country

The National Restaurant Association (NRA) recently released its forecast for the restaurant industry citing that 2014 will mark the fifth consecutive year that this niche will experience sales growth – even in our continued challenging economic landscape. In fact, industry sales are projected to exceed $683 billion in 2014, up 3.6% from 2013’s sales volume [...]

Boomers Reshaping Senior Living Properties

In the past, we’ve addressed how retiring Baby Boomers are setting some new real estate trends when it comes to senior living with low-maintenance homes in active communities. A recent article in Multi-Housing News underscores how this population is indeed reshaping senior living now and into the future. Boomers are looking for independence when searching [...]

Risk Management: Disaster Planning for Condominium Properties

As we approach the one-year mark when Super Storm Sandy ripped its way across entire communities on the East Coast pummeling houses and businesses, there are many lessons to be learned. Many businesses are still reeling from the effects of Sandy and are not back to their normal levels of revenue before the storm hit. [...]

Cyber Risks, Data Breaches on the Rise; More Purchasing Insurance to Cover Exposure

Whether it’s a large corporation, a government agency, or small business, news of cyber security risks today is an everyday occurrence. Recently, the New York Times website was maliciously attacked by a group known as the “Syrian Electronic Army”, and although this isn’t what most companies have to worry about, it is a new twist [...]