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Home » Topic » Risk » Insurance

Thwarting the Worst of Hurricane Irma

by Joanna Masterson | Dec 1, 2017
Insurance | Legal and Regulatory | Regulations | Risk

Insurance companies, homebuilders, and city and county officials are still assessing Hurricane Irma damage, but in general, the stricter building codes enforced after Hurricane Andrew did their job.

Bonding Design-Build Contracts

by James P. Schabarum II | Nov 27, 2017
Business | Insurance | Project Delivery | Risk | Safety | Surety Bonding

There is a growing trend for owners to push erroneous design-build contractual terms and conditions onto design-build contractors that are well beyond what is reasonable and insurable.

Four Tips to Make Sure Drones Don’t Leave You High and Dry

by Jake Morin | Nov 13, 2017
Drones / UAV’s | Insurance | OSHA | Technology

A decent amount of red tape comes with the adoption of drones in the workplace, so here is what construction owners and contractors can do to avoid putting their companies and crews at risk.

Better Manage Project Risk With New AIA Documents Insurance Exhibit

by Caitlin Sweeney | Oct 12, 2017
Insurance | Legal and Regulatory

AIA recently released an insurance exhibit to use in conjunction with AIA Documents to help owners and contractors navigate the constantly changing construction insurance industry.

Understanding Environmental Exposure Risks: Contractor’s Pollution Liability

by John Wasilchuk, Matthew Pateidl | Oct 9, 2017
Insurance | Risk Management | Safety

Most contractors purchase environmental liability coverage to satisfy a contractual obligation without completely understanding their environmental exposures. A broad CPL program can provide a competitive advantage over uninsured competitors.

Hurricane Season: Understanding Obligations Under Contractors Pollution Insurance

by Jeff Slivka | Oct 5, 2017
Insurance | OSHA | Risk | Safety

Contractors can obtain environmental liability insurance (contractors pollution liability or pollution legal liability) to protect against water and mold damage and emergency response cost coverage or mitigation coverage.

Asset Protection and Recovery for Construction Facilities and Jobsites in the 21st Century

by Keith J. Bowen | Sep 25, 2017
Cybersecurity | Insurance | Risk | Risk Management | Technology

Construction sites are attractive targets for theft. Beyond the physical security of protecting a company’s assets, consider asset recovery products, such as those with GPS tracking.

Five Strategies for Reducing Subcontractor Risk and Hiring Qualified Subcontractors

by Construction Executive | Aug 29, 2017
Insurance | Risk | Risk Management | Safety | Surety Bonding

Assessing and managing subcontractor risk are among a GC's top challenges, but there are strategies to mitigate the risk. From surety bonding to extensive financial and performance reviews, general contractors have plenty of options how to address risks and hire qualified subs.
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