Risk Management Issues for Green Buildings in … Management Issues for Green Buildings in Property...
Transcript of Risk Management Issues for Green Buildings in … Management Issues for Green Buildings in Property...
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Risk Management Issues for Green Buildings
in Property Insurance Policies
What are the
property insurance
policy issues when
obtaining coverage
for a green building?
Darren A. Prum, MBA, JD
Assistant Professor of Legal Studies
Risk Management/Insurance, Real Estate, and Legal Studies
College of Business
[email protected] (850) 644-0916
To read the entire research article, please see: Prum, D. A. (2013). The Next Green Issue: Considering Property Insurance for the Green
Building. Virginia Law and Business Review, 7, 421-458. (University of Virginia, School of Law)
Conclusion: Property Insurance Policies for
green buildings needs to reflect how the
regulatory requirements, the valuation
methods and amounts, and the coverage
features correlate with potential losses in
order to provide a more precise instrument to
shift the risk.