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Home » Topic » Risk » Insurance

Construction Wrap-Up Insurance Programs: Erecting a Solid Foundation, Part I

by Dennis J. Artese, Finley T. Harckham, Luma S. Al-Shibib | Apr 8, 2020
Insurance | Risk | Risk Management

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

by Construction Executive | Apr 1, 2020
Business | Executive Profiles | Insurance | Risk | 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?

by Patrick Boyle, Ken D. Kronstadt, Sarah L. Cronin, Michael J. O'Connor, Jessie F. Beeber | Mar 25, 2020
Business | Finance | Insurance | Project Delivery | Risk

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

by Derek E. Steffen | Mar 25, 2020
Insurance | OSHA | Risk | Risk Management | Safety

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

by Patrick Keightley | Mar 18, 2020
Insurance | Risk Management | Safety

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

by Craig Tappel | Mar 10, 2020
Insurance | Risk | Risk Management | Surety Bonding

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

by Gary L Keene, Michael S Klimas, John C Jahreis | Feb 26, 2020
Contracts | Dispute Resolution | Insurance | Legal and Regulatory | Regulations | Risk | Risk Management | Safety

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

by Danette Beck | Feb 25, 2020
Cybersecurity | Economy | Insurance | Risk Management | Safety

Market issues, such as labor shortages, trade tariffs and severe weather events, can affect profits and hamper contractors’ ability to control risk.
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