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Home » Topic » Risk » Insurance

Key Steps for Contractors to Prepare for Weather-Related Catastrophic Events

by Todd Gillman | Jan 8, 2019
Insurance | Risk | Risk Management | Safety

By assessing and managing potential exposures before, during and after catastrophic events and monitoring the insurance claims process, contractors can minimize the financial impact of these events and expedite recovery.

Steps Contractors Can Take to Prepare for Catastrophic Weather Events

by Todd Gillman | Jan 8, 2019
Insurance | OSHA | Risk | Risk Management | Safety

By assessing and managing potential exposures before, during and after catastrophic events and monitoring the insurance claims process, contractors can minimize the financial impact of these events and expedite recovery.

What Workers’ Compensation Underwriters Look For

by Remmie Butchko | Dec 11, 2018
Insurance | OSHA | Safety

Workers’ Comp insurance underwriters are using the internet to check a company’s online presence, NCCI rating, OSHA records, DOT reports and credit rating.

Don’t Drop the Ball: Managing Risk in P3 Contracts

by Syed T. Madani | Dec 7, 2018
Contracts | Dispute Resolution | Insurance | Legal and Regulatory | Surety Bonding

Successful contractors know how to assess, manage and pass off risk in P3 projects. Three contractual provisions to watch out for and negotiate are bonding and insurance, indemnity and dispute resolution.

How Construction Companies Are Using Benchmarking Data and Analytics to Rise Above Their Peers

by Danette Beck | Nov 30, 2018
Business | Data Analytics | Insurance | Risk | Risk Management | Technology

Using the power of big data, risk advisors give clients sophisticated benchmarking analysis that can result in more favorable terms and rates.

Indemnification: A Useful Tool for Allocating Risk in Construction Contracts

by Laura C. Fraher | Nov 30, 2018
Contracts | Insurance | Legal and Regulatory | Risk | Risk Management

Indemnity agreements should ensure that the party intended to bear a certain risk is the one held responsible if that risk materializes.

Builders’ Risk: Covering Construction Liability

by Joseph C. Smith | Nov 23, 2018
Insurance | Risk | Risk Management

A comprehensive builders’ risk policy covers the interests of the property owner and contractors, as well as protects other insurable interests such as building materials, fixtures and equipment that could be damaged during construction.

A Growing Space: Risks and Safety Benefits of Modular Construction

by Michael Alberico | Nov 13, 2018
Insurance | Risk | Safety

Modular construction eliminates weather delays and defects on the jobsite. As the modular construction space expands, smart contractors can minimize risk and maximize health and safety of the workforce.
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