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Home » Topic » Risk » Insurance

The Insured’s Responsibilities in the Event of a Claim

by Jeffrey Cavignac | Oct 17, 2019
Dispute Resolution | Insurance | Risk Management | Safety

Timely reporting of claims is critically important on all lines of insurance coverage, although terms such as "occurrence" or "time" may not be defined in the policy.

Buying vs. Renting Health Insurance

by Nathaniel Peniston | Oct 2, 2019
Insurance | Risk Management | Wellness | Workforce

Businesses with more than 25 employees should consider buying health insurance instead of renting it.

Construction Lien Waiver Provisions Contractors Should Be Using

by Jason Lambert | Sep 30, 2019
Contracts | Insurance | Legal and Regulatory | Risk | Risk Management | Safety | Total Human Health

Not all lien waivers are created equal. While lien waivers include a release of liens, they can also include language on payment to lower-tier subs, indemnification and defective work.

Controlled Insurance Programs on Construction Projects

by Edgar Alden Dunham IV | Sep 23, 2019
Business | Insurance | Project Delivery | Risk

Developers, contractors and subcontractors who aren’t familiar with WRAPs or CIPs should know what they are as they may encounter them on more moderately-sized projects.

Assignment of Benefits Agreements Are Subject to New Legislation

by Nate Budde | Sep 20, 2019
Insurance | Legal and Regulatory | Risk Management

When emergency repairs are required, an assignment of benefits lets contractors perform work and file a claim directly with the insurance company. Some states have implemented new regulations for AOBs.

Unlike Books, It’s Okay to Judge a Subcontractor by Its Cover(age)

by Brian C. Richardson | Sep 19, 2019
Dispute Resolution | Insurance | Safety

Creating and implementing a subcontractor prequalification program is not only prudent, but may be required by the GC’s CGL policy as a precondition to coverage.

Demystifying the Contract Surety Bond Process

by Adrian Q. Oddi, Ken Chapman | Sep 16, 2019
Contracts | Insurance | Legal and Regulatory | Risk | Surety Bonding

Here is what contractors need to know about obtaining and expediting contract surety bonds and working with the right partner.

Managing Design-Build Risks From Design Through Construction

by Gina Armbruster | Aug 24, 2019
Contracts | Insurance | Legal and Regulatory | Risk | Risk Management

Design-build projects come with additional risks. Adherence to the contract and documentation guidelines can minimize risk and increase the success and profitability of the project.
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