Legal and Regulatory

Assignment of Benefits Agreements Are Subject to New Legislation
When emergency repairs are required, an assignment of benefits lets contractors perform work and file a claim directly with the insurance company. Some states have implemented new regulations for AOBs.
By Nate Budde
September 20, 2019
Topics
Legal and Regulatory
by Nate Budde
Nate Budde is an author for The Lien and Credit Journal and works as the Chief Legal Officer at zlien. The leading nationwide mechanics lien service, zlien provides services to help contractors reduce their credit risk through the management of mechanics lien and bond claim compliance. He is a licensed attorney in Louisiana, a graduate of Stanford University (B.A.) and Tulane Law School (J.D.). Connect with him via LinkedIn and Google+.
Related stories
Legal and Regulatory

Ethical Considerations in Construction Contract Negotiations
By Jacqueline Greenberg Vogt
Sometimes, the ethical decision is not always the most obvious, especially when it comes to creating construction project contracts.
Legal and Regulatory

Protecting Against the Impact of 2025 Tariffs on Construction Costs
By Luke Cantrell
What contractors need to know about the flux state of tariffs before the 90-day pause ends.
Legal and Regulatory

How Construction Businesses Can Navigate Labor Shortage and Social Inflation Challenges
By Sy Nilakout
Recently, workforce challenges have been the headline for another major industry—the U.S. government—but that doesn't mean the labor shortage isn't still affecting construction.