NU Online News Service, July 17, 12:55 p.m. EDT
Financial constraints and complacency are among the issues contributing to slackened security at commercial buildings, which could lead to liability claims, a risk management and coverage expert observed.
Indeed, large-scale property owners and management companies that don't assess their security risks on a regular basis may be opening themselves to potential lawsuits if a security breach results in injuries or damages to tenants or visitors to their properties, warned Dennis O'Connell, a partner in the St. Louis office at the law firm Bryan Cave LLP.
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