Rising Property Replacement Costs Commercial property losses and insurance premiums have significantly increased over the past two years due to environmental and economic factors. Undervaluation of the replacement costs for a damaged building or equipment can also be...
Commercial Property Insights Over the last several decades, natural disasters have become a growing concern—increasing in both frequency and severity. These disasters can cause significant property damage and claim numerous lives. According to the National Oceanic...
Over the past year, inflation has become a growing concern. Inflation issues have resulted mainly from a culmination of labor and supply trends brought on by the COVID-19 pandemic, and they are clearly reflected within the country’s rising Consumer Price Index (CPI)....
Commercial Insights Aging Buildings: HVAC Systems Heating, ventilation and air conditioning (HVAC) systems are integral to achieving thermal comfort and acceptable indoor air quality in buildings. As a building ages, its HVAC system must be maintained and updated to...
While modern building codes and structural engineering have made buildings extremely safe, facilities managers must maintain a high level of upkeep for them to remain that way. As buildings age, they can lose their structural integrity. As such, if simple repairs are...
No matter what industry you’re in, chances are your organization will, at some point, rely on the help of a third party to fulfill certain business needs. Regardless of who you work with, business arrangements with contractors and vendors can open you up to a number...
