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Why Multi-Tenant Light Industrial is Hot

Why Multi-Tenant Light Industrial is Hot

40 percent of all industrial space in the U.S. is multi-tenant space. More than 60 percent of new industrial leases in 2018 involved spaces smaller than 15,000 square feet. Here’s why: • Businesses can range from plumbers and electricians, to auto technicians, to...
Strip Malls And Shopping Centers: Risks & Exposures

Strip Malls And Shopping Centers: Risks & Exposures

Property exposure for a strip mall or shopping center is typically moderate, particularly as a center often includes one or more fast food or restaurant occupants. Grease and oil from deep-fat fryers, wood burning ovens or rotisserie operations, in addition to regular...
Sewer or drain back up

Sewer or drain back up

Has your client’s property had water damage claims over the years that have affected their premiums and overall deductibles? According to a leading insurer’s claims data, water or liquid damage is a leading cause of commercial property loss from a frequency/severity...
Writing Business Income Coverage

Writing Business Income Coverage

Business Income coverage (sometimes referred to as “Business Interruption coverage,” meaning Net Income and Continuing Normal Operating Expenses, including payroll), is protection against loss of income or profits, in which a business has suffered a property loss or...
Peace of mind = extended period of indemnity

Peace of mind = extended period of indemnity

Businesses suffering damages due to a disaster (i.e., fire, quake, water loss) often take an enormous hit to their customer clientele – and their bottom line. A typical business interruption policy form provides the insurer will pay the actual loss of business income...
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