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Home » Topic » Risk » Insurance

Parametric Insurance: Mitigating Risk From Weather-related Events

by Paul Ramiz, Michael DeLio | Nov 9, 2018
Insurance | Risk | Risk Management

Insurers can offer tailored solutions that allow contractors to manage the financial impact of adverse weather on revenues and costs. Parametric solutions cover a pre-defined event of a pre-specified magnitude.

Lessons Learned from Hurricane Irma

by William L. Coulbourne | Oct 19, 2018
Insurance | Risk | Risk Management

Hurricane Irma proved that buildings constructed to high wind design guidance performed well and provided critical performance information of high wind codes and standards.

Schools Remain Top Priority in Carolinas as Cleanup From Storms Continues

by Joanna Masterson | Oct 16, 2018
Insurance | Risk | Risk Management

While the construction-related impact of Hurricane Michael is still being assessed, the estimated total property damage from Hurricane Florence is $17 billion to $22 billion.

Manage Rising Construction Fleet Insurance Rates With Technology

by Joseph Kopko | Oct 11, 2018
Equipment | Insurance | Risk | Vehicles

As insurance rates rise, invest in tools to prevent loss, such as telematics to monitor driver behavior and safety features such as backing sensors, cameras, and collision mitigation and lane-keeping systems.

Looking Past the Workers’ Comp Premium

by Patrick Keightley | Sep 24, 2018
Dispute Resolution | Insurance | Legal and Regulatory | OSHA | Risk | Safety | Total Human Health | Workforce

When choosing a workers’ comp carrier, consider costs but don’t overlook how carriers historically handle claims and their reserving practices (how much is set aside to pay claims).

The Right Endorsement: Additional Insureds

by Christine Cowan | Sep 20, 2018
Insurance | Risk Management | Safety

Adding other parties as an additional insured on a general liability policy is popular. ISO’s versions of the standard endorsements, CG 20 10 and CG 20 37, are not always advantageous to additional insureds, especially in construction.

Beware of Indemnification Clauses

by Stewart C. Levin | Sep 18, 2018
Contracts | Insurance | Law | Legal and Regulatory

A number of options and risk management techniques can be utilized to help mitigate the liabilities inherent in indemnification clauses.

Constructing an RMIS Solution to Meet the Demands of a Growing Construction Industry

by Stephen Ackourey | Sep 14, 2018
Cybersecurity | Data Analytics | Insurance | Jobsite Monitoring | Project Management | Risk | Risk Management | Safety | Technology

With cutting-edge technology becoming more mobile, less expensive and more accessible, the introduction of a risk management information system (RMIS) is becoming a reality.
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