Successful companies invest heavily in risk control programs, which focus on safety, human resources and claims management. Here's how to know if a company's program is on track.
What Insurance Coverages Do Subcontractors Need?
Most people wouldn’t go to a doctor who didn’t have the right insurance coverage. The same rings true for general contractors when hiring subcontractors to work on their projects.
Design-Build Trends, Challenges and Risk Mitigation
Design-build contractors with contractual responsibility for design and construction need strong contractual language and insurance programs to minimize risk exposures.
Builder’s Risk Coverage—Construction Defects
A standard builder’s risk policy may or may not cover losses from defective construction but there are alternatives that can help with specific costs associated with construction defect loss.
Subrogation, Anti-Subrogation and Waiver of Subrogation
Understanding subrogation, anti-subrogation and waiver of subrogation through insurance policies, contracts and the law is essential to proactive risk management planning and post-loss claim adjustment.
Financial Statement Basics: What a Contractor Needs to Know for Surety Bonding
When evaluating a contractor for surety credit, sureties look for the three Cs: character, capacity and capital, to form an opinion on a contractor’s past, current and future performance.
Builder’s Risk Coverage—Language Matters
Builders’ risk policies generally include exclusions for faulty design, materials and workmanship, but the exact language used in the policy matters.
General Contractors’ Insurance Protections for a Subcontractor’s Defective Work
Courts nationwide have struggled with the scope of coverage for a commercial general liability policy for damages from faulty subcontractor workmanship. An Ohio decision may result in the need for additional coverage.









