Impact of Rising Oil Prices on Construction Costs and Project Timelines
Implications for Insurance Appraisals in Canada and the United States Rising oil prices are once again becoming a significant factor influencing construction markets across North America. While the relationship between energy prices and construction costs is well...
Under-Insurance Risk for Municipalities – Water and Wastewater Treatment Facilities
Water and wastewater treatment facilities are among the most complex and capital-intensive assets owned by public sector entities. They are critical to public health, environmental protection, and community resilience. Yet despite their importance, these facilities...
AI’s Impact on Power Infrastructure and Replacement Costs
Artificial intelligence is no longer a future concept – it is a powerful and immediate driver of electricity demand and capital investment across North America. As AI workloads accelerate, the rapid expansion of data centers and supporting power infrastructure is...
U.S. Tariffs on Eurozone Machinery: A Wake-Up Call for Insurable Values in the US Forestry Industry
The United States recently announced a 15% tariff on industrial machinery and equipment imported from the Eurozone, starting August 1, 2025. While the broader political and trade implications are still unfolding, the immediate consequence for the forestry sector –...
The Hidden Insurance Risk: How the New 15% Tariff on Eurozone Imports Affects Equipment Replacement Costs Across U.S. Industries
On August 1, 2025, a new 15% tariff on industrial machinery and equipment imported from the Eurozone will take effect in the United States. While trade disputes and tariffs are nothing new, this move is set to have an immediate and significant impact on insured...
Protecting Indigenous Community Assets Through Better Valuation
In many Indigenous communities across Northern Canada, infrastructure is vital not just for daily life, but for long-term sustainability, health, and economic development. From schools and community centers to water treatment plants, fire halls, and public works...