In the aftermath of the COVID-19 pandemic, America’s housing boom has surged to new heights thanks to a combination of factors that homebuyers haven’t experienced since before the housing bubble more than a dozen years ago. To begin with, fall…
It’s already been a busy year for construction, thanks to surges in new housing development and renovations, as well as changes to businesses brought on by the COVID-19 pandemic. These factors will likely accelerate already strong growth projections for the…
Surety bonds are a financial agreement in which a surety or guarantor agrees to compensate one party if another party is unable to meet an obligation, like meeting professional licensing standards or completing a contract. Surety bonds have many applications…
Just because your business has commercial property insurance coverage doesn’t mean that all your risks have been addressed. If your business ships or transports goods, moves its property or equipment frequently, or deals with certain types of specialty property, you…
One of the concepts that the COVID-19 pandemic brought to the forefront of the public imagination is the idea of an “essential worker.” The pandemic highlighted that many professions are critical for allowing the rest of the economy and society…
Commercial property insurance is coverage that protects a business’s real property—including buildings and structures—and personal property—like equipment, technology, furniture, and inventory. This guide is meant to explain all of the key concepts that business owners should be familiar with when…
For anyone seeking a promising career option with plenty of opportunity in the next few decades, becoming an electrician would be a good choice. Electricians enter the field without four-year degrees and can instead opt for a less expensive trade…
Landlord insurance is the form of insurance that covers potential losses a landlord might encounter while renting a residential or commercial property, including property damage, liability claims, and lost rental income. This guide is designed to help landlords understand what…
While COVID-19 has been detrimental to many American families, it has helped solidify the financial footing of others. With less money being spent on expenses like travel, commuting, or eating out, household savings rates rose to record levels in 2020.…
One of the surprising trends in the U.S. rental market in recent years has been the emergence of Baby Boomers as a major source of demand. For many, the view of a typical renter is a young person, living on…
The COVID-19 pandemic has had sweeping impacts on the economy and virtually every industry sector. While the construction industry has weathered the storm better than some hard-hit industries—such as leisure and hospitality—construction is facing some unique challenges. Construction companies are…
Despite the current COVID-19 recession and the initial drop in home sales, the national housing market expanded significantly in 2020. According to a report by the Joint Center for Housing Studies of Harvard University, record low home inventories in tandem with…
The construction industry is struggling to attract young workers, contributing to a persistent labor shortage. Demand for new home construction continues to be high, and many construction companies are unable to find the workers needed in order to meet demand.…
The COVID-19 pandemic is responsible for the largest wave of job losses since the Great Depression. The mass layoffs caused by social distancing regulations have brought new meaning to the term “essential worker.” Today’s essential workers often hold some of the…
Construction has long been a male-dominated field. According to data from the Bureau of Labor Statistics, only about 13 percent of payroll employees in the construction industry are women—a number that has remained relatively stagnant since the 1990s. When also…
