Property owners often contract with property management firms to provide various services such as seeking tenants, collecting rents, maintaining premises, providing financial services and optionally, providing primary insurance.
The Commercial Line
With advancements in technology and uncertainty surrounding the economy and workforce, there are significant changes to the way businesses are looking to occupy and utilize office space.
Is Data Compromise coverage the same as Cyber Liability? I receive this question often. The answer is: sometimes yes and sometimes no. In order to understand why, we will need to take a closer look and examine both the similarities and the differences.
Property owners incur billions of dollars in losses each year in water damage claims. Water damage can affect many physical, operational and financial aspects of your property. Beyond the obvious damage to the building’s structure and electrical/HVAC systems, a water-related incident can impact your tenants’ operations as well.
With spring in full bloom, the sounds of the season can be heard with regular frequency; lawn mowers, lawn equipment and a gentleman with a Scottish brogue saying “Feed your lawn, feed it.” Many of us maintain our own lawns or hire a landscaper or lawn service to handle the weekly tasks. But, have you ever considered becoming a small business owner and forming your own lawn service?
On Earth, an engineer transmits the schematics for a wrench needed by the astronauts, floating weightless 249 miles above. Instantly, the machine whirs to life. At the speed of light, the intangible computer program reaches low-earth orbit and emerges from the wondrous machine as fully-formed tool. This is not science fiction.
Combustible dust is comprised of fine particles that can stay suspended in air and under the right conditions will cause an explosion. Combustible dusts can be found in many manufacturing situations and can occur from a variety of different particles, including aluminum, wood, pharmaceuticals and grain.
Having a generator available to provide standby power can be a great convenience during extended power outages. Improper installation or maintenance, however, can create hazards. The following are some tips that may help you avoid losses caused by your standby generator.
As the use of rooftop solar panels on both commercial and residential occupancies increases, so do the hazards associated with their installation.
Because of the recent push to “go green” and conserve energy, many companies whom require refrigerated environments (e.g. food processors, cold storage facilities, etc.) are changing out their old Freon-based equipment for “mechanical refrigeration” systems that utilize ammonia (NH3). Ammonia systems have a significant cost advantage over Freon, however, the hazards are also significantly higher.