Tag: Risks
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Managing safety risks during excavation work
Most excavation work requires some form of work at height and it is now commonplace for companies to hire rescue equipment such as davit arm systems. However, it is extremely rare for individuals to hold a recognised qualification for excavation rescue. Rescue plans often sit within the site office, are not shared with the workforce,…
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Humidity & Homes: How Moisture Raises Property Risks
Not all water damage begins with a flood. In fact, one of the most consistent—and consistently underestimated—threats to your home is already in the air: humidity. Humidity is more than a comfort issue. When it exceeds healthy levels, it quietly seeps into your walls, furniture, insulation, and HVAC systems. It doesn’t make a dramatic entrance…
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Humidity & Homes: How Moisture Raises Property Risks
Not all water damage begins with a flood. In fact, one of the most consistent—and consistently underestimated—threats to your home is already in the air: humidity. Humidity is more than a comfort issue. When it exceeds healthy levels, it quietly seeps into your walls, furniture, insulation, and HVAC systems. It doesn’t make a dramatic entrance…
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Risks and Benefits of Unsecured Working Capital Loans
Your business requires immediate capital but lacks collateral assets to secure a loan? You might find unsecured working capital loans to be the solution you need. Over recent years these financing options became increasingly popular as companies of all sizes have been using them to obtain quick and flexible funding. Businesses find this financing attractive…
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Research reveals stark risks of flooding in subterranean spaces
I wanted to find out about UK policy, British Standards and codes of practice relating to the conversion of basements into habitable flats. I interviewed key people from the Environment Agency, Property Care Association (PCA), Department for Environment, Food and Rural Affairs (Defra), Construction Industry Research and Information Association (Ciria), fellows of the Chartered Institution…
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Experts Warn Businesses of Costly Termite Risks This Week
In recognition of Termite Awareness Week, March 2-8, 2025, the National Pest Management Association (NPMA) is urging commercial property owners and facility managers to remain vigilant against termite infestations. Termites cause an estimated $6.8 billion in property damage annually in the United States, with commercial structures being particularly vulnerable to costly repairs and business disruptions.…
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Architects, Engineers See Growth Amid Risks and Rising Costs
As the U.S. construction industry continues to benefit from steady economic growth, most insurers providing architects and engineers (A/E) professional liability insurance are concerned about the persistent effects of inflation on claim expenses, uncertainty about the U.S. economy, higher risk project types and professional design disciplines, as well as new exposures from artificial intelligence (AI). To…
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Allianz 2025 Top Risks for Construction Industry
Cyber incidents such as data breaches, ransomware attacks, and IT disruptions are the biggest business risks for companies globally in 2025, according to the Allianz Risk Barometer. Business interruption ranks as the second top concern for companies of all sizes followed by natural catastrophes. Now in its 14th year, the Risk Barometer is an annual…
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Injured on the Job? Beware of Medical Malpractice Risks
Did you know that workplace injuries and medical malpractice can sometimes go hand in hand? It’s not something many think about until they’re in the middle of it—recovering from an injury on the job, only to realize that the medical care received wasn’t just lacking but actually caused more harm. That’s where strong legal help…
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Safety experts warn of lithium-ion batteries risks in construction
CROSS-UK advises managing these risks by implementing safety measures such as the use of a battery management system, installation of fire detection and suppression systems, safe storage and disposal practices, adequate ventilation, regular inspection and maintenance, and proper emergency procedures. View the original article and our Inspiration here