Property

These 6 Crucial Financial Sector Insurance Coverages Are Experiencing Rate Increases

A variety of factors, including COVID-19 losses, Nat CATS and social inflation, are driving rate increases.

Underreported Property Values Threaten to Sink a Real Estate Investment Trust

Hurricane Ida and Business Interruption Claims. Know This, The COVID Variant Will Only Magnify Delays and Increase Losses

3 Key Considerations in Building a Multinational Property Insurance Program

From Nat CAT Covers to Active Assailant Insurance Options, Why Parametric Solutions Are Rising in the Risk Mitigation Ranks

Recently in Property

These 6 Crucial Financial Sector Insurance Coverages Are Experiencing Rate Increases

A variety of factors, including COVID-19 losses, Nat CATS and social inflation, are driving rate increases.

Underreported Property Values Threaten to Sink a Real Estate Investment Trust

A flawed approach to reporting property values leads to big losses for an insured.

Hurricane Ida and Business Interruption Claims. Know This, The COVID Variant Will Only Magnify Delays and Increase Losses

Hurricane Ida made landfall in Louisiana on August 29, leaving hundreds of thousands of the state’s residents with property damage and no power.

3 Key Considerations in Building a Multinational Property Insurance Program

Increasing destruction driven by climate change is yet one more reason multinationals need to ensure property programs are airtight.

From Nat CAT Covers to Active Assailant Insurance Options, Why Parametric Solutions Are Rising in the Risk Mitigation Ranks

Better data analytics is enabling a number of new parametric insurance solutions from a product to cover losses caused by an active assailant to ways to manage supply chain risk.

Earthquake Modeling Continues to Evolve: How Today’s Technology Is Paving the Way for Better Seismic Risk Management

For a low frequency, high severity peril like earthquake, businesses need to know their risk management plans before a single pebble falls out of place.

Perspective | 1984 or 2021? Big Brother Never Left and Insurance Could Be to Blame

If a Thai restaurant in a rural village in England requires 12 or more cameras to monitor guests, what sort of culture are we building anyway?

On-Demand Webinar: Severe Weather and the Interconnectivity of Risks: How Businesses Can Manage Through the Storm

Extreme weather conditions — from fluctuating temperatures, to increases in severe storms and hurricanes — all continue to have a lasting impact on businesses worldwide.

You Thought Superstorm Sandy Was Bad? We Could Well Be Facing a Superstorm of Risk

Property and inventory owners that are situated well inland may very much be at risk during a hurricane. Superstorm Sandy proved that.

COVID, ‘Direct Physical Loss’ and Your Property Policy: Can the Courts Even Figure This Out?

COVID-19 has brought forth an influx of business interruption claims as companies shutdown by the pandemic seek retribution. But the courts must determine if actual physical loss has occurred.

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Updated Climate Change Risk Models Are Giving Insureds and Underwriters a Better Chance to Defend and Restore Property

AIR Worldwide has updated its hurricane and wildfire models to get more granular insight on long-term climate risk.

The Real Estate Sector Got Slugged by COVID. How Managing Vacant Building Risk Is Now a High Priority

A vacant building need not be a liability. With proper risk management, losses can be lessened.

Texas’ Perfect Ice Storm of Denial: The Enormous Cost of Ignoring Grid-Strengthening Recommendations

After a damaging winter storm in 2011, officials in Texas received recommendations on weatherizing the state’s grid. Those recommendations were not followed, and in 2021, Texans paid a big price.

A Year Like No Other: 2020’s Biggest Property Risk Management Lessons and How to Prepare for 2021

From COVID-19 to hurricane season, property owners felt the strains of 2020. Liberty Mutual’s Gregg Cunningham and Ed Mazman share what we can glean from the lessons learned this year.

What’s a Gigafire? And How Could It Impact My Business?

The frightening superlative given to fires that reach one million acres burned could become part of the risk lexicon as wildfires get larger.

Political Violence in the Wake of a Disputed Election Is a Real Threat. How Are You Preparing?

No matter who wins on November 3, a disaster-weary country will need all the help it can get to stop the tide of mounting losses and uncertainty. Preparing now for the likelihood of post-election uncertainty can help.

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3 Pandemic-Related Trends Influencing Commercial Property — and the Silver Lining They’ve Created for Insurers

How much has the property market changed in just six months since the onset of the pandemic?

Court Rules Restaurant Not Covered by Insurance for Construction Dust ‘Damages’

One restaurant attempts to recoup lost profit through its insurer after road construction disrupts its day-to-day operations.

If a Protest Turns Violent, How Will My Insurance Respond?

Businesses are preparing for protests to turn destructive, while the property insurance market braces for even tougher times.

Broadway Theater Operator Attempts to Recoup from Insurer Monies Lost During COVID-19 Shutdowns

Thanks to state-mandated shutdowns, the show must not go on. To combat COVID losses, one theater operator has turned to its insurer.