Real Estate Owners & Developers
Whether developing new properties or managing existing ones, Foa & Son’s Real Estate and Construction Practice helps clients manage risk, forecast and minimize costs and optimize results in the insurance marketplace.
Real Estate Industry Insurance Solutions
Whether you are a developer, owner, manager, or investor, you are in an industry that is highly competitive and often volatile. Your competitive advantage lies in your ability to forecast new trends in development in order to better plan for, and respond to, the dynamics in your industry. We respond with industry-leading insight into costs and underwriting obstacles facing our clients.
Foa & Son’s Real Estate and Construction practice has been navigating the complex real estate and development insurance marketplace for over 30 years. We have special insight into today’s volatile real estate markets and can guide clients to long-term success and profitability. Our clients turn to us for guidance to protect assets and manage the total cost of risk.
Exclusive articles relating to Real Estate insurance
The past couple of decades have seen businesses turn increasingly to PEO’s (professional employer organizations) and staffing agencies to fill both permanent and short term labor needs. There are many advantages to using these types of services, but with their use comes an additional liability risk for the businesses using them.
It’s Spring, and right on schedule many areas face renewed risk of flood from snow melt and spring precipitation. Recent trends of more frequent, severe and unpredictable weather events can’t be denied, and smaller “nuisance” flood events are occurring coast to coast. Although each event is considerably smaller than the large-scale floods covered by the news, the frequency of their occurrence is much higher, creating a hefty financial impact on cities and their citizens.
Leases are always a potential source of insurance problems. When they are lacking even a small clause, such as a subrogation waiver, the client is left vulnerable to an allegation of responsibility or liability of a loss. Without careful attention by attorneys in the reviewal of leases, a tenant could be at risk for being pursued by the landlord’s insurance company for retribution.
The dangerous condition that cropped up in northern California in February at the Oroville Dam highlights a real issue for business owners and risk managers posed by the deteriorated condition of our nation’s infrastructure. Much of the nation’s roads, bridges, dams, ports and other vital areas have surpassed their intended lifetimes. A well written insurance program is necessary to anticipate the disasters that are inevitable due to the deteriorated infrastructure.