Tag: property insurance

5 Critical Post-Flood Environmental Risk Assessments

As the spring flooding season returns, commercial, rental, and private property owners face more than visible water damage. Hidden contamination in air, building materials, and water systems can create health risks, regulatory issues, and tenant concerns if not properly addressed. Targeted environmental testing after a flood helps:  In this post, we highlight five key areas for facilities managers to evaluate during post-flood cleanup. […]

Smart Building Tech: A Strategic Line of Defense Against Rising Insurance Costs

Just as commercial real estate (CRE) began to recover from the impacts of COVID-19, the industry is now entering a new era of financial pressures. Driven by an uncertain economy, aging infrastructure, extreme weather events, and a more conservative insurance underwriting landscape, property insurance premiums are climbing at an alarming rate. In Q1 2024, commercial […]

Preparing Your Business for Unpredictable Weather and Vulnerabilities

During spring, businesses often find themselves confronted with the unpredictable nature of changing weather patterns. Recent forecasts have indicated a “Polar Coaster Spring,” marked by fluctuating temperatures and potential severe weather events. As the seasons transition, here are a few steps to help better prepare and protect your business, mitigating risks and ensuring continuity in […]

Springtime Tips to Prepare Businesses for Extreme Weather

This spring may bring about damaging weather events, including heavy rain, severe thunderstorms, tornadoes, and hurricanes. With such threats looming, insurance firm QBE North America has shared best practices to help U.S. business owners and facilities managers stay prepared and protected. “As we shake off winter, now is the time to identify potential risks, address […]