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Construction Industry Natural Disasters Risk Management

Gray Reed

Weathering the Storm – Part 3: Force Majeure in Construction Contracts

Gray Reed on

Unexpected devastating weather events such as hurricanes, tornados, earthquakes, fires and other natural disasters can strike at any time, leaving construction projects in disarray. While Mother Nature is often unpredictable,...more

Gray Reed

Weathering the Storm – Part 2: Construction Insurance’s Protection Against Natural Disasters

Gray Reed on

In the wake of increasingly frequent natural disasters, construction insurance has become more critical than ever. While many stakeholders view insurance as just another project cost, it is actually your first line of defense...more

J.S. Held

FEMA’s Commonly Misinterpreted ‘50% Rule’

J.S. Held on

Did you know that a residential structure is three times as likely to experience a flood than a fire over the 30-year life of a mortgage? In fact, flooding is the most common type of natural disaster in the United States and...more

ArentFox Schiff

Managing Risk: Supply Chain Disruptions and Market Price Volatility in the Construction Industry

ArentFox Schiff on

Following a challenging year due to the worldwide impact of COVID-19 and natural disasters, industry experts and economists are forecasting growth in the construction industry. Paused projects have re-started, restrictions...more

Gray Reed

The Storm After the Storm

Gray Reed on

Just as the Texas coast assessed the magnitude of Hurricane Harvey’s damage, Hurricane Irma was taking shape in the Atlantic. Fewer than two weeks later, Irma would crash into the Florida Keys. Estimates put Harvey and Irma’s...more

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