Risk
Builder’s Risk Coverage—Construction Defects
A standard builder’s risk policy may or may not cover losses from defective construction but there are alternatives that can help with specific costs associated with construction defect loss.
By Brian Hearst
June 16, 2019
Topics
Risk
by Brian Hearst
With more than 30 years of experience, Brian Hearst works with construction clients on complex risk and insurance programs in Lockton’s Mountain West operations, which includes Seattle, Denver, Phoenix and Las Vegas. Lockton is a global professional services firm that specializes in risk management, employee benefits and retirement services. Through this expertise, Lockton helps clients protect their most valuable assets – their people, property and reputation.
Related stories
Risk
How Contractors Can Ensure Compliance With Security Measures for Concert Venues
By Grace Calengor
Safety and security may not sound very rock ‘n roll, but they are what ensure the show goes on. Despite contractors’ best efforts, sometimes initial safety and security designs don’t cover it all. Make sure your company knows what to do if it comes to litigation.
Risk
Top Three Impacts on Your Project's Critical-Path Method Scheduling
By Michael Pink
Getting your priorities straight is wise advice to follow, especially when working under the constraints of a construction project schedule and budget.
Risk
Deterioration of Bridge Infrastructure Is Increasing Insurance Needs
By Grace Calengor
An expert from CAC Specialty gives his insight into insuring bridge construction projects before, during and after natural disaster.