The US Senate has agreed to extend a government-backed insurance scheme to compensate commercial property owners in the event of a terrorist attack. First introduced in 2002, the scheme was devised to calm the insurance markets after the 11 September... Read More
North American commercial insurance buyers will probably see a modest improvement in market conditions over the remaining months of 2014. This is attributed to a softening in the property insurance line, as well as an easing of the upward pressure on several... Read More
Commercial landlords are being warned to beware of the risk posed by drug gangs renting properties for the cultivation of cannabis. The damage caused by cannabis farming tenants can be extensive, warns David Robbins Earlier this month, a man was jailed... Read More
Confusion over a new Government-backed insurance scheme could leave many commercial property owners “paddling their own canoe”, one the country's leading agents has warned. Prop-Search surveyor Samantha Jones With a 14-year agreement between the... Read More
US commercial property owners should see their insurance premiums drop in 2014, according to a report released by Willis Group Holdings P.L.C. The 2014 Market Readiness Report points to a number of factors, including new competition and falling... Read More