Extreme winter weather is responsible for hundreds of deaths and substantial financial losses in North America each year. By taking proactive measures, you can ensure you’re better equipped to handle the challenges winter storms present. Stay safe and use this checklist as part of your risk management plan to help you prepare, respond, and recover ...
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When it comes to buying a new home, there can be many unknowns. However, uncovering the issues and hidden risks earlier in the process can help you make a more informed buying decision. As part of your lifestyle and property management best practices, there are four important questions—including matters of insurance and geographical risks—that shou...
There are many improvements that can be made to a home to help prevent costly and dangerous losses in the future. Many of the recommendations included in this guide cost a sliver of what they will protect, and for those implemented during construction, it often requires a much smaller investment than it would to retrofit a home later.
A chimney fire can be a significant event, in both monetary damages and trauma. The risk is heightened by the fact that chimney fires often begin out of sight, meaning they may not be noticed in time to prevent the flames from spreading to the home or causing serious structural damage. Luckily, a few simple measures can help reduce the damage from ...
Water damage has consistently ranked as the costliest cause of loss year over year. The largest of these losses have all occurred while no one was home. Whether you’re planning to be away for a short vacation or leaving for the season, there are nine steps you can take to help reduce the chances that you will suffer a water loss.
Extreme winter weather has been a major issue throughout much of the U.S. in recent years and can result in high insurance claims accounting for millions in losses—the majority of which were due to ice dams and frozen pipes. An analysis of the winter-weather loss claims yielded four common factors and valuable insights that can help you be more pro...
Disagreements and discord can arise when it comes to your family vacation home, a unique asset that symbolizes important memories and family connections. For this reason, you should specifically address the vacation home in your estate plan to avoid hard feelings and even disputes. With thoughtful and proactive planning, a family can avoid many of ...
A beautiful summer home on the beach or keeping a home of your grandparents for all family branches to gather, relax, and enjoy sounds ideal. What happens when your cousin comes with her five kids and three large dogs for a month? Or the taxes and maintenance are being split equally and you barely use the property? Or what if some family members le...
The pay levels for board directors have been increasing as the board members’ responsibilities grow with the need to fully understand and navigate the challenges arising from a variety of areas including geopolitical risk, regulatory complexities, macroeconomic shock, climate/environmental challenges, and technology advancements. Given these change...