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Home » Topic » Risk » Insurance

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.

Four Tips to Reduce Transportation Claims and Costs

by Craig Tappel, Phil Casto, Scott Fouts | Feb 24, 2020
Insurance | Risk

Reducing claims and claim costs requires minimizing accidents and improving construction companies’ standing with insurance companies. Here are key strategies to doing this in 2020.

The Importance of Risk Transfer Strategies Construction

by Shawn M. Cestaro | Jan 28, 2020
Insurance | Risk Management | Safety

Risk transfer strategies can help a contractor defend and resolve construction related claims and lawsuits.

Forethought Is Key to Overcoming Construction Calamities

by Mitch Cohen | Jan 21, 2020
Dispute Resolution | Insurance | Legal and Regulatory | Risk | Risk Management

Here’s a lesson on what not to do when something is not right on a construction project. The right insurance policies and due diligence on the general contractor's part could have averted a tragedy.

How Surety Bonds and Subcontractor Default Insurance Round Out Construction Risk Management

by Craig Tappel | Jan 13, 2020
Insurance | Risk | Risk Management | Surety Bonding

Protections against subcontractor default are essential risk management tools, making it critical to understand the roles of surety bonds and subcontractor default insurance.
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