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Home » Topic » Risk » Insurance

Keep the Experience Modification Rate Under Control With Jobsite Safety

by Stephen Sedlak | May 25, 2019
Insurance | Risk | Risk Management | Safety

Many things factor into calculating an experience modification rate, but it all comes down to the workers’ compensation triumvirate - job safety, recovery-at-work programs and injury management.

What Insurance Coverages Do General Contractors Need?

by Joseph Lalla | May 18, 2019
Cybersecurity | Insurance | Safety | Surety Bonding

A general contractor’s insurance needs can be complicated. A knowledgeable agent can help demystify the options, explain what to require from subcontractors and how to minimize risk.

Professional Liability Insurance in Today’s Construction Industry

by Frank G. Murphy, Nicholas R. Maxwell | May 17, 2019
Insurance | Risk | Risk Management

Understanding the basic mechanics of errors and omissions professional liability policies and recognizing the impact of exclusions can avoid missteps that may leave a business exposed to costly, time-consuming negligence actions.

Protect Against Wood-Frame Construction Hazards With CPL Insurance

by Drew Rothman | May 14, 2019
Insurance | Markets | Risk Management

Contractors face a learning curve to overcome the safety, project management, structural, moisture and design challenges that can impact wood-frame projects. As a result, many use insurance forms to control wide-ranging pollution problems.

No Rest for the Weary: Project Completion Is the Beginning of Litigation

by Bob Fitzsimmons | May 1, 2019
Contracts | Dispute Resolution | Insurance | Legal and Regulatory

Post-construction litigation mirrors the complexity of the project. Contractors can face construction defect litigation and be served with a Notice of Opportunity to Repair years after project completion.

Reassessing Project Safety Oversight

by Scott B. Lassila | Apr 28, 2019
Contracts | Insurance | Legal and Regulatory | OSHA | Risk | Safety

By revisiting and strengthening worksite safety practices, owners, CMs and GCs can avoid costly OSHA penalties and reduce accident-related liability exposures.

Digital Technology Can Resolve Low-Touch Claims in Hours, Not Days

by Brandie McDonald, Stacey LaFehr-Yoder | Apr 26, 2019
Data Analytics | Dispute Resolution | Insurance | Legal and Regulatory | Regulations | Risk | Risk Management | Technology

With digital technology, minor claims can be processed faster—sometimes in a matter of hours. But automated claims processing need not come at the expense of personalized service.

Hold Harmless and Indemnity Provisions: What Did I Agree to Do?

by Jeffrey Cavignac | Apr 19, 2019
Contracts | Insurance | Legal and Regulatory | Risk | Risk Management | Safety

Indemnity provisions usually include a requirement to hold harmless and defend another party. Generally, the upstream party tries to shift risk to a downstream party. Just because indemnity is legal doesn’t mean it’s fair.
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