The purpose of this article is to provide an update regarding the valuation issues facing companies, risk managers, and brokers who either oversee or insure complex properties. We will examine the significant changes in the insurance market in recent years as the global economy continues to recover from the effects of the COVID-19 pandemic, the resulting inflation, the geopolitical unrest, and the economic policy initiatives.

BVA Group congratulates Partner Laurie-Leigh White on her election as the 2021-2022 American Society of Appraisers (ASA) Business Valuation Committee’s Secretary—an honor which comes on the tails of being named a 2020 ASA Rising Star and her appointment as the chair of the Business Valuation track of the 2021 American Society of Appraisers International Conference.

The COVID-19 pandemic has created ripple effects through the global economy that businesses are still struggling to fully grasp.  Various lockdowns and business interruptions have seen a wave of asset impairments, restructurings, and bankruptcies across a myriad of industries.  From the first initial cases of confirmed COVID-19 in the United States through December 13, 2021, over 600 American companies filed for Chapter 11 bankruptcy protection. Further, over $143 billion in as...

BVA’s John Ray and Kurt Huie participated as panelists during the 2021 American Bar Association/Institute for Professionals in Taxation (“ABA/IPT”) Virtual Conference titled “Lost in the Shuffle: Business Personal Property Tax and Asset Inventory Tracking."  The ABA/IPT joint conference is the leading forum to discuss current issues and trends regarding state and local taxation around the country. 

BVA Group congratulates Partner Laurie-Leigh White on her recognition as a 2020 American Society of Appraisers (ASA) Rising Star—an honor which comes on the tails of her 2016 American Institute of Certified Public Accountants (AICPA) Forensic and Valuation Services Standing Ovation award.  Both awards are designed to recognize professionals in the forensic, litigation, and valuation practice areas who are 40 or under, hold certain valuation-related credentials, and have exhibi...

Despite recent conversations around phasing out shelter-in-place constraints, pundits are still discussing the possibility of a protracted economic downturn on par with the Great Depression.  While at first glance such discussions may seem unduly negative, from a policy perspective, the heavy lifting still awaits because it may not be possible to just “switch” the economy back on by lifting workplace constraints.  Aside from consumer demand shifts resulting from the pand...

The economic crisis sparked by the COVID-19 outbreak has led to mortgage debt relief policies in countries such as Spain, Italy, and the UK.  On March 18, 2020, the Federal Housing Finance Agency directed Fannie Mae and Freddie Mac to suspend single-family mortgage foreclosures and evictions and provide forbearance and modification plans. But those fall far short of offering the sort of broad relief necessary for workers idled by COVID-19 because modifications cannot be executed quickly ...

BVA Group's John Ray served as a panelist at the American Bar Association’s Advanced Property Tax Seminar in New Orleans, LA. John was joined by Cynthia Fraser, Principal at Garvey Schubert Barer, and Clara Lee of The Wonderful Company LLC. Topics included recognizing and quantifying economic obsolescence.

BVA Group's Laurie-Leigh White and Jesus Rios served on the Planning Committee for Houston's 8th annual American Society of Appraisers (ASA) Energy Valuation Conference, co-sponsored by BVA.