A slip, trip or fall can be minor, or it can result in serious injury and expensive medical bills. Each year, nearly eight million people are hospitalized because of falls, and more than 47,000 die as a result. Nationally, fall-related…
A slip, trip or fall can mean nothing more than a bruise and a little embarrassment, or it can result in serious injury, litigation, and costly insurance claims. Every year, nearly eight million people wind up in a hospital because…
Landlord insurance in New York City is tricky. This guide outlines critical risk management factors that influence insurance eligibility, pricing, and coverage for New York City landlords. Each section addresses a specific area that insurers evaluate when underwriting small residential…
Experts predict a warmer winter ahead here in the Northeast due to the combination of La Niña and climate change, but that doesn't rule out powerful winter storms in the months ahead. New York City landlords need to prepare for…
The sidewalks around your building may belong to New York City. But the responsibility for maintenance and sidewalk liability lies with you. In fact, underwriters report that sidewalk-related injuries are the leading liability claim against New York City landlords. Why…
Summertime in the city conjures thoughts of picnics, sporting events, and lazy days at the beach. But the warm weather also brings more roaches and rodents, the most common unwanted inhabitants in New York City buildings. Recent legislation on bed bug…
New York City landlords must perform annual inspections of units for indoor allergen hazards under New York's indoor allergen law. New York’s Local Law 55 of 2018, also known as the Indoor Allergen Hazards Law, requires property owners to keep tenant units…
Open violations can cause problems for landlords when renewing the building’s insurance policy, even if they still have time to correct and certify the violation before the agency deadline. As part of our annual review process, we request property reports…
While some property owners are handy and enjoy upgrading and maintaining their buildings, most people rely on professional contractors. Even minor repairs and improvements, however, can involve some level of risk. Landlords and building owners in New York face additional…
Even landlords who love dogs might want to rethink the pet policy for their buildings. According to the Insurance Information Institute (III) and State Farm, dog bites and other dog-related injuries cost $1.57 billion in liability claims in 2024. This figure represents…