Insurance

Builder’s Risk Coverage—Construction Defects

by Brian Hearst | Jun 16, 2019
Insurance | Risk | Risk Management

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

by Julian D. Ehrlich | Jun 9, 2019
Dispute Resolution | Insurance | Legal and Regulatory | Risk Management

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

by Amanda M. Leffler, Anastasia J. Wade | May 27, 2019
Dispute Resolution | Insurance | Legal and Regulatory | Risk Management

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.

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.

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CONSTRUCTION EXECUTIVE

Builder’s Risk Coverage—Construction Defects

Subrogation, Anti-Subrogation and Waiver of Subrogation

Financial Statement Basics: What a Contractor Needs to Know for Surety Bonding

Builder’s Risk Coverage—Language Matters

General Contractors’ Insurance Protections for a Subcontractor’s Defective Work

Keep the Experience Modification Rate Under Control With Jobsite Safety

What Insurance Coverages Do General Contractors Need?

Professional Liability Insurance in Today’s Construction Industry

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