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Home » Topic » Risk » Insurance

Protect Against Adverse Events With Parametric Insurance

by Kevin Holland | Jan 10, 2020
Insurance | Risk | Risk Management

Parametric insurance covers a specific modeled event such as project disruption due to weather, fluctuating cost of construction labor and materials and skilled labor shortages.

The Secret to Lowering the Experience Modification Rate

by Jeffrey Cavignac | Dec 9, 2019
Dispute Resolution | Human Resources | Insurance | Safety

The experience modification can have a significant impact on a company’s operations and profitability. A culture of safety and good claims management practices can keep the mod rate low.

What Is a Duty to Defend?

by Mary Bacon | Nov 19, 2019
Contracts | Insurance | Legal and Regulatory

Before signing a contract, know what a duty to defend and why it is such a valuable provision, when the duty attaches and when it ends, and the consequences of an insurer failing to defend an insured.

Insurance for Construction Startups

by Gary A. Barrera | Oct 31, 2019
Insurance | Risk

A comprehensive insurance program protects contractors against risks such as faulty design or workmanship, physical damage to the project and injuries to employees or third parties.

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.
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