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Home » Topic » Risk » Insurance

A 10-Point Checklist for Transferring Risk

by Allen R. Wolff | May 7, 2021
Contracts | Insurance | Risk | Risk Management | Safety

Establish the terms of contractual indemnification and additional insured coverage before a loss occurs. Here’s a checklist to help transfer risk from losses from a service provider’s mishap.

Construction Site Injuries: Avoiding and Limiting Liability

by Steven Gonzalez, Aaron Cohn | Apr 26, 2021
Contracts | Insurance | Legal and Regulatory

A general contractor's workers’ comp insurance may not cover sub-subcontractors or third parties. The right insurance needs to be in place, and proper risk management is key to get the full benefit of all insurance.

CGL, Builders Risk Coverage and Exclusions When Construction Defects Cause Property Damage

by Jeffrey Cavignac | Apr 23, 2021
Business | Business Risk | Insurance | Project Delivery | Risk | Risk Management

When physical damage to property is caused by defects or defective work, do CGL and Builders Risk policies cover the damage? It depends…

Is a State-Specific Workers’ Compensation Policy Enough?

by Steve Stramara | Apr 21, 2021
Insurance | Risk | Risk Management | Workforce

Contractors may need to comply with the little-known Longshore and Harbor Workers’ Compensation Act, which applies to companies working on or over navigable waters in or adjacent to the U.S.

Key Legal Considerations for Modular Construction Contracts

by Frederick E. Hedberg | Apr 15, 2021
Contracts | Insurance | Legal and Regulatory | OSHA | Surety Bonding

Modular construction projects involve complex commercial and legal issues that should be considered when drafting contracts. ConsensusDocs 753 addresses key issues of these hybrid transactions.

Prepare for the Worst and Get Paid by a Debtor in Bankruptcy

by An Nguyen | Apr 15, 2021
Insurance | Risk | Risk Management

Rather than reacting to a bankruptcy filing after the fact, contractors with an understanding of their rights and remedies can take steps now to help protect themselves later.

2021 Executive Insights: Surety Bonding & Insurance

by Construction Executive | Apr 9, 2021
Business | Executive Profiles | Insurance | Risk | Risk Management | Surety Bonding

Industry experts share their thoughts and advice on mitigating risk, the "Three Cs" and navigating bonding in a post-pandemic world.

Construction’s Road Through 2021 Will Have Bumps—But Not Insurmountable Ones

by Kirk Chamberlain, Craig Tappel | Apr 8, 2021
Business | Cybersecurity | Data Analytics | Economy | Insurance | Risk | Technology

After years of going full-throttle, the U.S. construction industry has been contending with various pandemic-induced bumps in the road that will continue to slow business down and challenge resiliency.
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