A fire can close a facility for much longer than previously expected due to ongoing supply chain issues stemming from the pandemic.
Global Risk Consultants released their 2024 trends for fire risk management, offering new guidance for insurers and insureds, including why proper evaluations and safety engineering reports are critical.
According to the National Fire Protection Association (NFPA), U.S. industrial and manufacturing facilities are most at risk, suffering $1.2 billion in damages annually. However, cost is not the only concern. In 2022, fires in non-residential structures led to about 150…
