Occasionally loss prevention procedures need revision as we learn more about how to protect the hazard. In January 2008 we wrote a comprehensive article on Property Loss Prevention in Glass Manufacturing Plants. This month we’ve…
Read More Category: Business Interruption Exposures
What is COPE? It is the Construction Occupancy Protection and Exposure risk for each building. Significant fire damage in large buildings occurs approximately 300 times per year in the United States. Such fires cause property…
Read MoreRisk Management Solutions, Inc. (RMS) specializes in developing probabilistic models of catastrophes. These catastrophe (CAT) models are developed using detailed databases of highly localized variations in hazard characteristics, as well as databases capturing property inventory,…
Read MoreA common misconception is that property losses due to winter weather only occur in regions where harsh winters are the standard. Actually, areas that don’t usually have severe weather suffer larger and more costly losses,…
Read MoreYou might wonder why fire protection is important in a building that is under construction – especially if the building will have noncombustible and/or fire rated construction. An estimated 4,800 fires occur annually on construction…
Read MoreFire Suppression System Impairments Industrial fire suppression systems include automatic sprinklers, gaseous systems as well as foam systems that might be used in aircraft hangars or to protect certain flammable liquid operations. Associated with the…
Read MoreDuring inspections of electrical rooms, property loss prevention engineers should determine how much of a presence there is of “grouped power cables.” There are no clear definitions or criteria as to what amount of cables…
Read MoreThere are various types of glass manufacturing plants, and the processes and associated hazards differ significantly. One thing they have in common is that business interruption potential is higher than other types of occupancies, since…
Read MoreFire pumps and fire booster pumps are critical pieces of equipment when it comes to providing an adequate fire protection water supply for many industrial and commercial properties. Fire pumps are needed at sites where…
Read MoreHeavy Duty Mobile Equipment (HDME) is widely used in mining, lumbering, road building and plant construction. Most HDME has high-pressure hydraulic systems. Smaller equipment, such as logging vehicles, front-end loaders and haulage trucks, are usually…
Read MoreWhen most companies think of a disaster recovery program, the first issue that comes to mind is EDP operations. Do we have backup data or hot sites available? Is replacement equipment readily available? However, there…
Read MoreIn a recent issue of the Record, which is a quarterly publication of FM Global, the system of Exposure Driven Engineering was reviewed. Exposure Driven Engineering Exposure Driven Engineering is a concept, which consists of…
Read MoreOne of the largest fires in the history of New York City occurred on Superbowl Sunday, January 31, 1993. Fire broke out in a corporate high-rise office building located at 280 Park Avenue in Manhattan.…
Read More