Insurance

Address ‘Your Work’ Exposure Within CPrL Policies With Faulty Workmanship Coverage

Faulty workmanship coverage may address “your work” exposure in contractors professional liability policies and protect against claims by project owners—but exclusions and strict conditions apply.

How Contractors Can Manage Runaway Insurance Costs

by Thomas A. Grandmaison | Dec 10, 2020
Insurance | Risk | Risk Management

Using data, tech and selecting best-in-class partners, contractors can keep insurance costs down and focus on excelling in their core business.

Be a Good Neighbor: How Contractors Can Protect Themselves From Third-Party Claims

Developers can protect themselves from claims for third-party damage through license agreements, intensive construction site monitoring and appropriate insurance products. These prevent costly and debilitating delays, and help maintain positive relationships with neighbors.

Natural Disasters’ Impact on Construction in the United States

by Crystal T. Dang, Robert S. Peckar | Nov 17, 2020
Insurance | Risk | Risk Management

As the frequency and severity of natural disasters increases, contractors should implement guidelines that anticipate disasters, review the impact of a disaster as it is happening, and develop a mitigation plan to limit losses.

Business Interruption Policies: Are COVID-19 Losses Covered?

Business interruption coverage provides coverage for loss of income or covered expenses. While in most cases, BI has not covered COVID-19 losses, there are glimmers of hope.

Beyond General Liability Insurance: Other Liability Exposures to Be Aware Of

by Jeffrey Cavignac | Oct 25, 2020
Cybersecurity | Insurance | Risk | Risk Management

While most contractors carry commercial general liability insurance, there are other liability exposures that construction companies should evaluate and consider.

Be a Good Neighbor: Techniques to Mitigate the Risk of Claims From Adjacent Landowners

Contractors can avoid legal claims using risk mitigation tools such as postconstruction assessments and monitoring during construction.

Field Decisions Gone Wrong: The Importance of Rectification Coverage

by Mitch Cohen | Oct 7, 2020
Insurance | Risk | Risk Management

Rectification, or loss mitigation, generally pays the cost to mitigate and rectify failures caused by negligent professional services before a claim can be made against the contractor.

The Business of Construction

Business

Workforce

Culture

Safety

Risk

Legal & Regulatory

Markets

Technology

Equipment

SECTIONS

TOP LISTS

MAGAZINE

RESOURCES

CONSTRUCTION EXECUTIVE

Address ‘Your Work’ Exposure Within CPrL Policies With Faulty Workmanship Coverage

How Contractors Can Manage Runaway Insurance Costs

Be a Good Neighbor: How Contractors Can Protect Themselves From Third-Party Claims

Natural Disasters’ Impact on Construction in the United States

Business Interruption Policies: Are COVID-19 Losses Covered?

Beyond General Liability Insurance: Other Liability Exposures to Be Aware Of

Be a Good Neighbor: Techniques to Mitigate the Risk of Claims From Adjacent Landowners

Field Decisions Gone Wrong: The Importance of Rectification Coverage

Related Content

The Safety Glasses the Contractor Paid for Are Still in the Truck

From Claim to Courtroom: How Documentation Shapes Construction Disputes

Risk Management for Data Center Construction and Operation

Limitations of Liability Provisions in Construction Contracts: A Means to Manage Risk and Limit Financial Exposure

How Construction’s Risks, Opportunities and Insurance Options Shape up for 2026

Repricing Risk: How Inflation and Tariffs Are Reshaping Construction Insurance

Sections

Top Lists

Magazine

Resources

Construction Executive