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Home » Topic » Risk » Insurance

Top Considerations for Negotiating Construction Contracts

by Brian M. Dobbs | Jan 30, 2018
Contracts | Dispute Resolution | Insurance | Legal and Regulatory

Construction contracts should establish parameters of the parties’ agreement and allocate and mitigate risk with provisions for price, time and scope; changes; warranties; indemnification; insurance; dispute resolution and termination.

Coverage Options to Protect All Assets in the Construction Industry

by Rakesh Gupta | Jan 30, 2018
Insurance | Risk | Risk Management

Risks in the construction industry fluctuate based on the types of contracts, number of employees, owned assets and more, so a set-it-and-forget-it mindset about insurance is problematic.

The Right Prescription for Resolving Workers’ Comp Claims Quickly

by Construction Executive | Jan 23, 2018
Insurance | Legal and Regulatory | Wellness

Contractors must take control of the workers' comp claims process by getting injured employees the right care and getting them back to work as quickly as possible, resulting in better managed claims.

How to Get the Most From a Mechanics Lien Claim

by Nate Budde | Jan 23, 2018
Insurance | Risk

Mechanics liens provide protection against nonpayment, but contractors should be aware of steps to take after filing a lien to assure and expedite payment.

Considerations to Overcome the Unintended Challenges of Wrap-Up Policies

by Sean J. McKinley, Jason A. Heller | Jan 16, 2018
Insurance | Legal and Regulatory | Policy | Risk

Wrap-up insurance policies provide an alternative to traditional commercial liability insurance policies. OCIPs are sponsored by the project owner, whereas CCIPs are sponsored by the general contractor.

The Top Five Ways Construction Companies Can Reduce Workers’ Comp Premiums

by Ross Amato | Jan 16, 2018
Insurance | Safety

By learning how the workers’ comp system works, contractors can understand what they are paying for, what affects their annual premium and how to manage and plan for unforeseen events.

Managing Construction Risks and Losses From Fire

by Jill Dalton, Kevin Madden | Dec 11, 2017
Insurance | OSHA | Risk | Risk Management | Safety

To help reduce the likelihood of fire events, contractors can follow a number of best practices to safeguard construction sites against arson and catastrophic exposures.

Managing Construction Risk Across Multiple Fronts

by Maydelis Torres | Dec 8, 2017
Insurance | Risk | Risk Management

Nearly all construction projects carry some form of risk, making pollution liability coverage a must for most applications.
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