Lindsay Brugger

2 months ago | urbanland.uli.org | Lindsay Brugger |Ron Nyren |Beth Mattson-Teig |Lucy Scott

Property owners face reduced net operating incomes as insurers raise premiums, modify terms and conditions, enact stricter underwriting protocols, impose higher deductibles, and reduce coverage. In some cases, the inability to secure adequate coverage that satisfies lender requirements is causing transactions to stall and property valuations to decline.

2 months ago | urbanland.uli.org | August Williams-Eynon |Lucy Scott |Ron Nyren |Lindsay Brugger

As global temperatures rise from accelerating climate change, extreme temperature swings‚ both cold snaps and heat waves‚ are causing increasing damage and disruption. However, extreme cold and storms that bring snow, ice, and freezing rain can receive less focus than warm-weather hazards such as blistering heat and powerful hurricanes.