What Building Owners Need to Know About Contractor Insurance Failures
Commercial Property, Loss Control, Real Estate Practice Group, Risk Management 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 Are Hiding Liability Risks
Commercial Property, Real Estate Practice Group, Risk Management 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…
The 3 Factors Hurting N.O.I For New York Residential Properties
Claims Management, New York, Real Estate Practice Group, Risk Management, Workers Compensation Insurance It’s a frustratingly familiar scenario for New York property owners. You’ve optimized your rent roll, managed vacancies, and kept a tight grip on operating expenses. By all accounts, your Net Operating Income (NOI) should be stable…
Workers' Comp Audit Risk from 1099 Contractors: NY Residential Property Owners
Commercial Property, Real Estate Practice Group, Vendor Sub Contractor Qualification, Workers Compensation Insurance 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…
OLT Policy: A Neighborly Approach to Risk Management
Construction Practice Group Content, Real Estate Practice Group, Risk Management, Risk Transfer Construction and development are noisy, complex, and sometimes intrusive. Work can affect adjoining properties—through access needs, vibration, overswing, or temporary encroachments. An OLT Policy (Owners, Landlords & Tenants) addresses…
AI for Property Management: Cut Losses, Boost Insurability
Commercial Property, Real Estate Practice Group, Risk Management 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…
Builder’s Risk Insurance: Avoid Jobsite Losses and Delays
Construction Practice Group Content, Real Estate Practice Group, Risk Management, Risk Transfer If you’re building new or renovating an existing property, there’s a significant coverage gap many owners and developers overlook. Standard property insurance protects finished, occupied structures, but during active construction, that…
Why Property & Liability Insurance Cost So Much for Apartment Buildings , Co-Ops , Condos
Commercial Property, General Liability Insurance, Marketplace News, New York, Real Estate Practice Group, Risk ManagementAre 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…