The Basics Of Arc Flash; And Why You Really Don’t Want To Perform The Arc Flash Hazard Analysis Yourself

arc flash hazard analysis

By Glenn Eglinton and Bob Dietzel, ARM, CIC Hotter than the sun, with temperatures that soar as high as 35,000°F, the “arc flash” produces a blinding flash of light – followed by a dynamite-level explosion – that can vaporize metal and seriously injure anyone in its path. In this article, we’ll explain the arc flash and […]

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Important Insurance Related Provisions within Commercial Contracts

commercial lease insurance provisions

Your insurance professional should review the insurance provisions in your contracts prior to signing the documents. Why? Because the insurance-related risks are not always obvious and may result in a costly uninsured surprise. Well-negotiated contracts can be the least expensive and most effective way to mitigate or transfer risks.  However, contracts with customers, suppliers, and […]

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Executive Perspective: Our Time to Lead; Risk Remains When Waters Recede

flood insurance

As I record these thoughts, Hurricane Irma has been downgraded to a tropical depression after having lashed Florida and more than a half-dozen Caribbean Islands. The storm led to 6.3 million Florida residents being ordered to evacuate, while more than 6.5 million are without electricity. Nearly one million Georgia and South Carolina residents are also […]

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15 Construction Insurance Considerations to Help Manage Contractor Risk

construction insurance

Contractors should expect much more from their insurance brokers than to simply negotiate pricing and terms and conditions for their construction insurance programs. Safety, claims management, contractual risk transfer support, bid and accrual support, loss sensitive adjustment forecasting, construction defect allegation strategies and more are all important elements of a successful risk management program. Unfortunately, brokers […]

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6 Critical Insurance Provisions in Commercial Leases

insurance provisions in commercial leases

Make sure to allow your insurance professional to review the insurance provisions in commercial leases prior to signing the documents. Why? Because the insurance-related risks are not always obvious and might result in a costly uninsured surprise. Commercial lease agreements can be complex and time consuming to negotiate. Business owners often fail to consult with their P&C […]

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