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Home » Topic » Risk » Insurance

Business Interruption Insurance Amid COVID-19

by Carl Bloomfield, CJ Mooney | Jul 8, 2020
Insurance | Risk | Safety | Total Human Health

Will business interruption coverage cover contractors’ potential financial losses and delays as a result of COVID-19? It’s complicated and there may be no clear answer yet as the situation evolves.

What Is Keyman Insurance—and Who Needs It?

by Patrick Keightley | Jul 7, 2020
Business Development | Insurance | Safety

If a partner, founder or key employee whom the success of the business depends upon dies, a keyman insurance policy can pay expenses until a proper replacement is found.

General Indemnity Agreements: Can the “Impenetrable” Be Breached?

by James C. Remington | Jul 6, 2020
Dispute Resolution | Insurance | Risk | Risk Management | Surety Bonding

General contractors should be aware of obligations under the general indemnity agreement when making a claim on a surety bond, and acknowledge their obligation to repay the surety.

Managing Environmental Risk in the Construction Industry

by Darren Berg | Jun 16, 2020
Insurance | Risk | Risk Management

Risks associated with environmental pollution are often addressed too late, leaving contractors to rely on insurance policies that may be vague in coverage or exclude pollution incidents altogether.

2020 Market Update: Construction Industry Trends and Challenges

by John J. Heft | Jun 16, 2020
Insurance | Risk Management | Safety

A new report highlights the trends and challenges of the commercial insurance industry and defines the state of the environmental and construction-related professional liability insurance marketplace.

How Accurately Monitoring the Weather Can Save Significant Revenue

by Dan Slagen | Jun 4, 2020
Business | Finance | Insurance | Project Delivery | Project Management | Risk

Understanding the impact of upcoming weather at a hyperlocal level is critical for contractors. Knowing ahead of time how, when and where to schedule jobs and crews at the beginning of each day and week puts contractors in the best possible position for success.

Crash the Company Car?

by Remmie Butchko | May 20, 2020
Insurance | Risk | Risk Management | Safety

Companies are usually responsible for employee actions while on the clock, so if an employee has an accident with a company vehicle, minimize the risk with five steps.

Natural Disasters Don’t Have to Be the End for Construction Projects

by Daniel Kapner | May 6, 2020
Contracts | Dispute Resolution | Insurance | Risk

Contractors must be sure contracts and insurance policies cover severe weather events and understand their rights and responsibilities so if disaster strikes, they can get the project back on track.
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