Like so many other sectors of the economy, the commercial real estate market has taken a beating since the COVID pandemic began more than a year ago. Between the widespread retail shutdowns and millions more people working from home, the demand for space has plummeted, leaving more vacant properties than ever.

Running a business has always been a risky venture. These days, the risks are greater than ever with the continuing rise in liability claims. That means it’s more important than ever to have financial protection in place to guard your business against a potentially costly liability claim.

It’s no secret that construction is one of the most dangerous occupations around. According to OSHA, one in every 10 construction workers is injured every year, and the industry accounts for roughly 20 percent of all private industry fatalities.

Now that the Pfizer-BioNTech and Moderna COVID-19 vaccines have received FDA emergency use authorization, many employers are eager to get their workforce vaccinated. Some employers may want to make the COVID-19 vaccine mandatory for all workers. While this approach may be effective, it may also come with potential downsides.

In 2020, one of the largest data breaches in history was perpetrated against several companies and government agencies, including the network management software firm SolarWinds. Around 18,000 of SolarWinds customers were affected. It was a major and long-running attack, and the full impact is still being sorted out.

If you run a construction business, nothing gets done without your heavy equipment. Those pieces of machinery are your workhorses and keeping those machines operational is a full-time job.

With 2021 right around the corner, it’s time to take stock of current conditions in the commercial P&C marketplace. Here’s a look at the trends impacting the market as we head into the new year.

New York hopes to have 170,000 doses of the Pfizer COVID-19 vaccine by December 15. According to Fox, proposed legislation could make the vaccine mandatory in the state.

For now, however, employers must do everything they can to prevent the spread of the virus.

The design/build model is gaining traction. Instead of dealing with a separate contractor and designer, owners can deal with a single provider. This can result in a faster, streamlined project. At the same time, it can lead to new and increased liability exposures for the design/build provider.

Is your organization doing everything possible to prevent cyberattacks?