Property Insurance Is a Nationwide Challenge Now, and It’s Not Getting Easier
Commercial Observer, July 27, 2023–Patrick Sisson (subscription)
The real estate and construction industries stand at the intersection of finance, politics, celebrity and government. But one thing that inexorably ties together this interplay of labor, land and money is the management of risk. And, with the cost of that risk rising sharply, commercial real estate nationwide has been clobbered by the price of insurance.
https://commercialobserver.com/2023/07/property-insurance-nationwide-problems-premiums/