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NJ Offices Flemington, Edison, Paramus, Mt.Laurel 908.237.9900
PA Offices Lehigh Valley, King of Prussia, Horsham 610.791.1600
We Answer Your Call
From your very first call,
you will Hear the difference.
a licensed electrician to replace an FPE Stab-Lok circuit
breaker may be in the $1,000 - $3,000 range, per circuit
breaker. (I think this should go back to the author. It sounds
very high for a single circuit. The whole panel of breakers
could be replaced for not much more than that.)
Many insurance companies will not consider insuring
a client or may provide critical replacement recommen-
dations if these circuit breakers are found in their build-
ings. Identifying which circuit breakers you have on site
and determining remediation methods are important in
appropriately managing your own risks. A proactive elec-
trical preventative maintenance program conducted by a
licensed and insured electrician can protect your properties
from severe losses and insurance costs. n
Caesar Mistretta currently serves as Vice President of New Business Development
of HUB International Northeast, a leading global insurance brokerage serving
the Real Estate industry for over 60 years. Caesar can be reached by phone at
908-790-6918 or at .
Chris Dunlap, MS, ABCP, ARM-E, CFPS, CLCS, currently serves as Assistant Vice
President and Senior Risk Consultant of HUB International East Region. Chris can
be reached at 908-790-6883 or
ELECTRICAL...
from page 32.
observed; having a staff member, fire warden or volunteer
over 18 years old with a working cell phone pass by each
door every 15 minutes and complete a log until fire watch
is complete. It is important to notify your fire alarm monitor-
ing system and insurance company in writing of Fire Watch
(both when it starts and when it is completed).
Another hot topic in today’s society is Active Shooters.
Having emergency procedures in place geared for this
unfortunate possibility can be crucial. Insurance Companies,
police departments and other federal agencies (such as the
Department of Homeland Security) have plenty of resources
to help you plan your protocol for this emergency.
The bottom line is that unpredictable emergencies hap-
pen every day. Managers who can prepare and teach
their team how to react will help lower the risk of injuries
and property damage. Don’t forget that insurance compa-
nies, service providers and local government agencies can
also help you with your procedures and guidelines. n
MANAGEMENT TRENDS...
from page 62.