Landlord / Building Owner Articles
Common Directors and Officers Liability Claims
Why do you need directors and officers liability insurance? Here are a few examples of common directors and officers liability claims.While no one likes to think about lawsuits (except for…
Worried about dying? Check out the odds
Have you ever worried about dying in a plane crash? Maybe you fear electrocution, or you're concerned about firearm assault. According to the National Safety Council, a nonprofit organization…
Reducing Personal Liability: Does Your Corporation Qualify?
To reduce their personal liability exposure, many building owners hold their properties through a business entity, such as a partnership or limited liability company. However, simply forming a corporate…
Best Practices for Building Management Associations
Good intentions aren't enough to protect building associations and their boards of directors from legal claims. Directors and officers (D&O) liability insurance is essential for protecting the association and board…
10 Tips for Preventing Water Damage
Did you know that water damage is the leading cause of insurance claims in multi-family buildings? Whether you own a co-op or condominium building as a rental property or you…
NYC electronics recycling: Do you qualify for e-cycleNYC?
Electronic devices represent the largest, fastest-growing component of hazardous waste sent to landfills. As of January 2015, New York City prohibits residents from disposing of electronics in the trash. But…
Will you be ready for a claim?
Do you have the right coverage for your property? While this shouldn't come as a surprise, the time for a building insurance policy review is before you need to file a…
No. 6 Oil Permits Expire July 1
Does your building still use heavy oils for heat? At this point, only 1% of New York City, or approximately 1,000, buildings use No. 4 or No. 6 oil. New…
A Peek at Celebrity Insurance Policies
Lloyd's of London has long been famous for extending its specialty insurance coverage to celebrities and their body parts. Back in the 1930s, Jimmy Durante insured his distinctive nose…
Stu Cohen Wins the Power Broker Award
Stuart Cohen, founder of the innovative City Building Owners Insurance (CBOI) Program, is the proud recipient of the Power Broker Award in real estate insurance. Administered by Risk and Insurance magazine,…