When wildfires, floods or other disasters strike, multiple policyholders can be affected in similar ways. But historically, each policyholder would take on their insurance company alone—a tough task, especially for individual...more
Earlier in 2022, CBRE forecasted a 14.1% year-over-year increase in construction costs by year-end 2022, as labor and material costs continue to rise, despite the expectation that overall cost inflation for materials would...more
12/30/2022
/ Commercial Insurance Policies ,
Commercial Property Owners ,
Construction Industry ,
Construction Project ,
FEMA ,
Inflation Adjustments ,
Insurance Industry ,
Labor Shortage ,
Natural Disasters ,
Real Estate Development ,
Real Estate Market