There’s more than meets the eye for real estate companies regarding pollution and environmental liability coverage. While many will consider these exposures to be basic mold and asbestos-related risks, a host of other exposures make a pollution or environmental liability policy critical to consider...
The real estate industry is changing and doing so in a hurry. The incredible growth trends we’ve monitored from 2020 and early 2021 are expected to continue to close out the year. Even amidst a pandemic and recession, real estate continues to sell at a breakneck pace. According to Linchpin, the real...
"Return to normal" – it's a phrase frequently used in the race to control the COVID-19 pandemic. It's thrown into conversations invoking a light at the end of the tunnel and into ones that are designed to measure what still needs to be done. While the "return to normal" may signal an end to things...
Cyber liability and privacy risks are hot topics across every industry, as both massive cyberattacks and smaller-scale threats increase in prevalence on a daily basis. No organizations are immune to these threats, especially not those within the real estate industry. Ransomware and other forms of...
According to the 2021 Assurex Global Real Estate Benchmark report, fewer than 22 percent of real estate companies surveyed carry D&O insurance. Several questions arise with this data in mind. These include whether we should be concerned by this low percentage of covered organizations and if we...
No one expects to experience a catastrophic loss. However, it's crucial to have appropriate coverages in place if and when these losses arise. Umbrella and excess liability policies increase limits of insurance over primary general liability, auto liability and employers liability policies. These...
Most Real Estate organizations do not feature a large fleet of vehicles with the substantial exposures found in other businesses. However, depending on size, some may include vehicles like vans and pickup trucks for maintenance workers to use, private passenger units for sales and management...
Loss happens. This is a simple, irrefutable fact. In particular, Real Estate companies have significant exposure to premises liability arising from people (tenants, their guests and contractors, delivery personnel, and even trespassers) entering an owner's property. Owners owe a legal duty to these...
Whether you're a property owner, manager or developer, one of the most significant risk management priorities will always be to protect your primary asset – your property. Property insurance, property risks, and the questions surrounding coverages are vital topics to be educated on to ensure your...
This blog was originally posted on Risk & Insurance. Tuesday, June 9 began as a normal day, or rather, what I have come to understand as the “new normal.” I commuted downstairs to my couch, where I have essentially been camped out since I started a new job serving as RCM&D’s Commercial Division...