Distinguished Blog - Risk Insight
Market insights and industry news.
Builder’s Risk Insurance in Arizona: Everything You Need to Know
Arizona is currently experiencing unprecedented growth. Queen Creek and Maricopa, both in the Phoenix metropolitan area, are two of the fastest-growing cities in the US. All of this growth means more construction and, for insurance agents and brokers, more clients looking for competitive Builder’s Risk (BR) policies designed for the Arizona market. So, with more…
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Four tips to manage decision-making in a community association
Oftentimes the people that act as decision-making members of the board have regular day jobs and are not professionally trained in group management. Therefore, it is essential for them to know their rights, risks, and responsibilities when making choices on behalf of a large group of individuals. Letting your customers know about their risks and…
What Can Hospitality Businesses do in the Wake of an Act of Extreme Violence?
In any situation, the prevention of extreme violence is always preferable to the grief and damage control that will inevitably come in its aftermath. However, recent events expose the reality of how extreme violence can occur in the hospitality industry. Learn about five steps that you can take to mitigate your business’ risk, should the unthinkable…
Preventing Extreme Violence in the Hospitality Industry
With extreme violence developing into a nationwide epidemic, it’s an undeniable tragedy for the victims involved, as well as their families and loved ones. The communities and businesses in which the incidents have taken place are also affected. Following the shocking events that took place last October in Las Vegas, many players in the hospitality…
Don’t Let the Silent Killer into Your Building
You can’t smell it. You can’t see it. You can’t hear it but it kills silently. Recently, a $12M settlement was reached in a lawsuit against a North Carolina hotel where a boy died from this colorless, odorless killer: carbon monoxide.
A Strong Wind Is on the Way
As Bob Dylan says, “A hard rain is gonna fall…” and with it this weekend, a strong wind is gonna blow! The greater New York area is bracing for wind gusts up to 70 mph Friday, according to the National Weather Service, not to mention a coastal flood advisory through Saturday. Are you ready? Doing…
Unmaintained and Old Fire Escapes are a Visible Risk
In the wake of a terrible fire escape tragedy that claimed the life of a New York man, brick-and-brownstone property owners may be asking themselves how they can ensure that their fire escapes are safe.
Sidewalk Law Whitepaper: A Crack in Your Sidewalk Could Put a Crack in Your Piggy Bank
Did you know? As a New York City property owner, you are required by law to maintain the sidewalks around your property. Neglecting your sidewalk could lead to hefty penalties. When it comes to the sidewalk outside or adjacent to a property owner’s building, one might naturally assume that the city is responsible for its…
From the Claim Files: Walking (and Falling) in a Winter Wonderland
We talk to local Williamsburg native Nancy Larsen about her ordeal after a pedestrian’s jaunt along the snowy sidewalk in front of her home took an unexpected turn. As a longtime New York City native, Nancy Larsen was accustomed to tourists gazing out at the wonders of the city rather than down at the sidewalk….
Protecting Water Pipes as Winter Hits the Coast
This season’s first serious winter storm is underway, with super-strong winds, record-low temps, and snowfall in strange places (Hello, Tallahassee!). Because of storms like this, it’s helpful to take steps to protect your property from freezing pipes.
Whitepaper – The Invisible Dangers of a Winter Wonderland
Due to the increased risk of accidental slip-and-fall injuries that occur because of snow and ice along sidewalks, it is important for home and property owners to understand their responsibilities for the sidewalks adjacent to their properties. While different states have varied laws regarding the time frame for how quickly snow and ice must be…