Insurance

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.

Contractual Liability Exclusion and the ‘Insured Contract’ Exception

When evaluating contractual liability exclusion coverage, contractors should consider first the initial grant of coverage, then exclusions to coverage, followed by exceptions to those exclusions.

Grappling With Viruses on Multiple Fronts: Ongoing Cyber Risk Management in the Age of COVID-19

by Richard Volack | Sep 19, 2020
Cybersecurity | Insurance | Technology | Wellness

There are two viruses contractors must battle: COVID-19 and computer viruses. Here are tips to combat both.

Data Security for Owners and Contractors: Protect Construction Investments From Catastrophic Loss

As project owners and general contractors increasingly rely on cloud data storage, email and file sharing platforms, cyber insurance is the just the first step to protect against the risk of catastrophic data loss.

Be a Good Neighbor: Protect Against Claims by an Adjacent Landowner During Construction

Construction in close quarters can mark the beginning of costly and emotional disputes, which can escalate to costly legal battles during and after construction. Here's how contractors can avoid a lawsuit.

Insurance Needs for General Contractors and Subcontractors

by Joseph Lalla | Aug 26, 2020
Insurance | Risk | Risk Management

General contractors and subcontractors need the right insurance to limit liability and control insurance costs. Here’s a primer on who needs what type of insurance.

The COVID-19 Pandemic: How Contractors Can Address Potential Liabilities

by Jeffrey Cavignac | Jul 27, 2020
Contracts | Insurance | Risk Management | Safety

The coronavirus presents significant risks and potential losses and liabilities to contractors. Clear minds, common goals and an esprit de corps among project stakeholders can help everyone survive.