Owner-controlled insurance programs and contractor-controlled insurance programs, or “wrap-ups,” provide insurance coverage for owners, general contractors and subcontractors. Before considering a wrap-up, understand how they work and their typical coverages.
2020 Executive Insights: Insurance and Surety Bonding
Industry experts share their insights on best practices for insurance and bonding.
COVID-19 Has Shut Down Your Construction Project. Is There Insurance for That?
As COVID-19 spreads, its impact on the construction industry could be severe. Will your insurance policies provide any coverage for the extra expenses and losses you are about to incur?
It Takes More Than a Certificate to Protect Owners, Developers and Contractors
A certificate of insurance (COI), issued by a licensed insurance broker, is a summary of insurance policies and/or coverages, such as general and professional liability and workers' compensation.
Ways to Reduce Workers’ Compensation Costs
A low experience modification rate will lead to aggressive workers’ compensation premium pricing, giving companies more options for cost savings. As a bonus, a worker safety plan that shows employees they are valued.
Now’s the Time to Evaluate Surety Bonds vs. SDI Risk Management Tools
Subcontractor Default Insurance has grown into a competitive market, which gives contractors more options and has kept pricing and terms attractive for those with positive loss experiences.
Allocating Responsibility and Damage Costs in Multi-Party Construction Disputes
In construction defect disputes, there is little consensus on how to allocate responsibility and costs to implicated parties.
Top Issues and Trends for Construction Contractors to Watch in 2020
Market issues, such as labor shortages, trade tariffs and severe weather events, can affect profits and hamper contractors’ ability to control risk.









