Insurance

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

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

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.

AIA’s New Insurance and Bonding Exhibit Creates Flexibility

by Kenneth W. Cobleigh | Aug 26, 2017
Insurance | Risk | Surety Bonding

To keep up with legal and practice developments, the American Institute of Architects has put together a comprehensive set of revisions to its 2017 owner-contractor agreements.

Invest in Wildfire Protection Techniques to Reduce Insurance Costs

The increased risk of property loss due to fire damage and the growing costs of fire damage mitigation incurred by businesses have defined the fire protection sector during the past three years. As the number of wildfires and value of losses have skyrocketed, the costs to protect properties have increased, especially for the most vulnerable firms in high-risk areas.

Hire Reliable, Well-Schooled Subcontractors to Reduce Risk

by Construction Executive | Aug 21, 2017
Insurance | Risk | Risk Management | Workforce

Few general contractors can successfully complete projects on time and within budget without the help of reliable subcontractors. Never underestimate the potential harm and disruptions posed by under-skilled, unreliable and under-insured subcontractors.

Understanding Defense, Indemnification and Coverage Clauses in Subcontractor Agreements

by Construction Executive | Aug 21, 2017
Insurance | Legal and Regulatory

Most subcontractor agreements contain defense, indemnification and coverage clauses, which are important to protect the general contractor. Yet most contractors do not understand how these provisions work and may use those terms interchangeably, when in reality they are different legal provisions.

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Understanding Environmental Exposure Risks: Contractor’s Pollution Liability

Hurricane Season: Understanding Obligations Under Contractors Pollution Insurance

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

Five Strategies for Reducing Subcontractor Risk and Hiring Qualified Subcontractors

AIA’s New Insurance and Bonding Exhibit Creates Flexibility

Invest in Wildfire Protection Techniques to Reduce Insurance Costs

Hire Reliable, Well-Schooled Subcontractors to Reduce Risk

Understanding Defense, Indemnification and Coverage Clauses in Subcontractor Agreements

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