Tag: Risks
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Humidity & Homes: How Moisture Raises Property Risks
Not all water damage begins with a flood. In fact, one of the most consistent—and consistently underestimated—threats to your home is already in the air: humidity. Humidity is more than a comfort issue. When it exceeds healthy levels, it quietly seeps into your walls, furniture, insulation, and HVAC systems. It doesn’t make a dramatic entrance…
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Risks and Benefits of Unsecured Working Capital Loans
Your business requires immediate capital but lacks collateral assets to secure a loan? You might find unsecured working capital loans to be the solution you need. Over recent years these financing options became increasingly popular as companies of all sizes have been using them to obtain quick and flexible funding. Businesses find this financing attractive…
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Research reveals stark risks of flooding in subterranean spaces
I wanted to find out about UK policy, British Standards and codes of practice relating to the conversion of basements into habitable flats. I interviewed key people from the Environment Agency, Property Care Association (PCA), Department for Environment, Food and Rural Affairs (Defra), Construction Industry Research and Information Association (Ciria), fellows of the Chartered Institution…
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Experts Warn Businesses of Costly Termite Risks This Week
In recognition of Termite Awareness Week, March 2-8, 2025, the National Pest Management Association (NPMA) is urging commercial property owners and facility managers to remain vigilant against termite infestations. Termites cause an estimated $6.8 billion in property damage annually in the United States, with commercial structures being particularly vulnerable to costly repairs and business disruptions.…
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Architects, Engineers See Growth Amid Risks and Rising Costs
As the U.S. construction industry continues to benefit from steady economic growth, most insurers providing architects and engineers (A/E) professional liability insurance are concerned about the persistent effects of inflation on claim expenses, uncertainty about the U.S. economy, higher risk project types and professional design disciplines, as well as new exposures from artificial intelligence (AI). To…
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Allianz 2025 Top Risks for Construction Industry
Cyber incidents such as data breaches, ransomware attacks, and IT disruptions are the biggest business risks for companies globally in 2025, according to the Allianz Risk Barometer. Business interruption ranks as the second top concern for companies of all sizes followed by natural catastrophes. Now in its 14th year, the Risk Barometer is an annual…
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Injured on the Job? Beware of Medical Malpractice Risks
Did you know that workplace injuries and medical malpractice can sometimes go hand in hand? It’s not something many think about until they’re in the middle of it—recovering from an injury on the job, only to realize that the medical care received wasn’t just lacking but actually caused more harm. That’s where strong legal help…
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Safety experts warn of lithium-ion batteries risks in construction
CROSS-UK advises managing these risks by implementing safety measures such as the use of a battery management system, installation of fire detection and suppression systems, safe storage and disposal practices, adequate ventilation, regular inspection and maintenance, and proper emergency procedures. View the original article and our Inspiration here
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With rising flood risks could this £2.65bn plan save your property?
A record £2.65 billion will be spent on strengthening the UK’s flood defences, aiming to protect over 66,000 homes and businesses from extreme weather events. With climate change increasing the frequency and severity of flooding, the Government has announced this two-year investment as part of its “Plan for Change” strategy. The funding will support the…
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DIY Pest Control Risks: Why Professional Help Matters
When pests invade your home, the immediate instinct is often to grab a can of spray, set a few traps, or search online for quick DIY solutions. While these methods may offer temporary relief, they can often lead to more harm than good. Many pests, from bed bugs to rodents, are resilient and adaptable, making…