Cyber-attacks can be rapid, highly damaging and public, and have negative impact on investor and customer confidence, affecting an organization’s credit worthiness and exposure to civil liability.
On February 14th, 2017 a massive six-alarm fire destroyed a historic three-storey athletic club in Toronto and forced the evacuation of many adjacent buildings.
With the ever increasing popularity of condominium investments and development it is becoming common for investors, stakeholders, developers and others to purchase “blocks” condominium units with the purpose of generating rental income or a return on investment.
Traditional property insurance policies obtained on construction projects are designed to provide insurance coverage to the owner of a project, and other stakeholders involved, for direct physical loss or damage to the property from any fortuitous loss, subject to usual policy language, conditions, and exclusions.
If you have been involved with an insurance claim or a contract negotiation of any nature, you have undoubtedly come across the term “subrogation”. But what is subrogation?
As technology evolves there are new ways of cracking firewalls and creatively defrauding the system.
Replacement Cost and Actual Cash Value are two common methods by which insurance companies will calculate the amounts it will pay the insured for property losses.
If employees use their personal vehicles on company business, do they need to be added to the company’s automobile policy?
The issue of relying on Substantial Completion as a coverage termination date is that construction activity often continues on site for several months after substantial completion has been reached.
Historically design and contractor roles were clearly defined, with design errors covered under a design professional’s Errors and Omissions policy.
Performance security on P3 projects in Canada has been rapidly evolving over the past few years.
When asking a P3 developer to discuss what happens when things go wrong the response we often receive is – “Nothing ever goes wrong!” The truth, of course, is that some projects do have issues.
Authorities who are embarking on their P3 journey have a number of factors that need to be examined.
Soft costs are important because they cover the costs and earnings lost by any delays or interruptions of service.
One may believe pollution risks and environmental impairment liabilities are associated with big polluting industries such as pulp and paper manufacturing facilities or coal-fired power plants. But in fact, they are not contained to these industries…