Insurance

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 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

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?

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.

2019 Executive Insights: Insurance and Bonding

Industry experts share their insights on best practices for insurance and bonding.

Don’t Ignore Auto Insurance, Excess Liability and Cybersecurity Risks

Now that businesses are settled into the new year, it’s a good time to consider some of the top insurance and risk management challenges that contractors and other construction organizations should expect in 2019.

2019 Insurance Market Outlook: High Surplus and Mediocre Returns Yield Flat Rates

by Patrick Casinelli | Apr 1, 2019
Insurance | Risk

Regardless of whether insurance is mandated by law or contract, or purchased as a best practice, it represents a major expense for most businesses. As such, it’s wise to have a full grasp on the current economics of the insurance industry and where rates are headed.

The Value of Burden: Accounting for Indirect Cost Improves Performance and Profitability

Ensuring that the project estimating team can predict both direct and indirect costs secures more efficient bids. The company will then have more accurate data to predict the profit the job will actually return once fully burdened.

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CONSTRUCTION EXECUTIVE

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

Reassessing Project Safety Oversight

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

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

2019 Executive Insights: Insurance and Bonding

Don’t Ignore Auto Insurance, Excess Liability and Cybersecurity Risks

2019 Insurance Market Outlook: High Surplus and Mediocre Returns Yield Flat Rates

The Value of Burden: Accounting for Indirect Cost Improves Performance and Profitability

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Insurance Rates: What to Expect in 2022

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