contractor insurance failures

What Building Owners Need to Know About Contractor Insurance Failures

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You did everything right. You hired a licensed general contractor, collected the necessary certificates of insurance (COIs), and ensured they signed a contract with ironclad hold-harmless and indemnification language protecting your interests. Then,…
commercial real estate insurance trends

Commercial Real Estate Insurance Trends Are Hiding Liability Risks

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As we approach the close of 2025, one of the most defining commercial real estate insurance trends has settled into a distinct—and somewhat disorienting—pattern. If you are a real estate owner or operator reviewing your portfolio…
Workers' Comp

Workers' Comp Audit Risk from 1099 Contractors: NY Residential Property Owners

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For most New York residential owners and operators, independent contractors are just part of doing business. Masonry, roofing, plumbing, unit turns—there’s always another project, another 1099, another COI to track. The problem is that…
commercial property insurance rates

Market Shift: How to Capitalize on Falling Commercial Property Insurance Rates

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For the past several years, business owners and financial leaders faced the challenge of a hardening insurance market, specifically with commercial property insurance rates. However, an ongoing shift is continuing in a favorable direction…
AI for Property Management

AI for Property Management: Cut Losses, Boost Insurability

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Flooding, security incidents, and screening errors drive claims and increase premiums. Traditional controls leave gaps that create loss exposure. AI for property management introduces tools that predict, detect, and resolve issues before…
Twin Parks Fire

Why Property & Liability Insurance Cost So Much for Apartment Buildings , Co-Ops , Condos

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Are you wondering why the renewal for your apartment building insurance for your rental building, Co-op or Condo has gone up by north of 20% ? This little primer might help explain why. The Chinese have a proverb, “may you live in interesting…
magnifying glass on man

Having The CORRECT Business Interruption Insurance Determines If Your Business Survives

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Business Income Insurance or Business Interruption Coverage is not only the most often overlooked insurance coverage, but the error rate in how it's calculated is over 90%, and I am being generous here. Skeptical, pull your policy. My guess…

The Time to Find Flood Insurance at a Great Price is Now

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Flood Danger The need for flood insurance at a great price has become a critical necessity for most property owners. A new report from independent researchers shows nearly double the properties across America are in danger of major flood damage.…
power lines and streetlight

Business Interruption Insurance Coverage For Business Continuity

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Most business owners view the whole insurance purchase and claims process as a black art, which this writer completely understands. After 25 years in the business, I too scratch my head at some of the “spells” insurance carriers concoct. Let…