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Home » Topic » Risk

The Rise of Cybersecurity Risk in the Construction Industry

by David Friedenberg | Sep 27, 2020
Cybersecurity | Risk Management | Safety

Ransomware attacks can lead to loss of confidential data and intellectual property and result in workforce injuries and property damage if autonomous equipment is hacked.

Contractual Liability Exclusion and the ‘Insured Contract’ Exception

by Danielle N. Amico | Sep 23, 2020
Contracts | Insurance | Legal and Regulatory | Risk | Risk Management

When evaluating contractual liability exclusion coverage, contractors should consider first the initial grant of coverage, then exclusions to coverage, followed by exceptions to those exclusions.

Understanding the Purpose, Limitations and Benefits of a Liquidated Damages Clause

by James P. Carney, Daniel K. Felsen | Sep 22, 2020
Contracts | Dispute Resolution | Legal and Regulatory | Risk Management

Contracting parties are advised to understand the purpose, limitations and benefits of liquidated damages clauses.

A Solid Foundation: The Importance of Business Structure and Stability During Times of Uncertainty

by John Burns | Sep 22, 2020
Business | Business Risk | Risk | Risk Management

An operating or shareholder agreement is essential in the event of business interruption, departure and dissolution, or death. Not having one can result devasting wake of destructive litigation.

Grappling With Viruses on Multiple Fronts: Ongoing Cyber Risk Management in the Age of COVID-19

by Richard Volack | Sep 19, 2020
Cybersecurity | Insurance | Technology | Wellness

There are two viruses contractors must battle: COVID-19 and computer viruses. Here are tips to combat both.

Data Security for Owners and Contractors: Protect Construction Investments From Catastrophic Loss

by Kelly Ruane Melchiondo | Sep 10, 2020
Contracts | Cybersecurity | Insurance | Risk | Risk Management | Technology

As project owners and general contractors increasingly rely on cloud data storage, email and file sharing platforms, cyber insurance is the just the first step to protect against the risk of catastrophic data loss.

The Growth of BIM and Its Impact on Contractor Risk

by James T. Dixon, Alexandra V. Dattilo | Sep 6, 2020
Dispute Resolution | Legal and Regulatory | Risk Management

BIM has many benefits—and may reduce legal expenses as well. As the technology approaches the level of full adoption, that is an issue worth watching.

Technology for Supply Chain Risk Management: It’s Good Business

by Danny Shields | Sep 5, 2020
Risk Management | Technology

Supply chain risk management platforms can provide visibility into products and services, organizations, logistics, people, activities, information and resources, improving safety in the process.
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