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Home » Topic » Risk

2020 Market Update: Construction Industry Trends and Challenges

by John J. Heft | Jun 16, 2020
Insurance | Risk Management | Safety

A new report highlights the trends and challenges of the commercial insurance industry and defines the state of the environmental and construction-related professional liability insurance marketplace.

Returning to Work Safely: What Is the ‘New Normal’ for Construction Employers?

by Maury Baskin | Jun 12, 2020
Risk | Risk Management | Safety | Total Human Health | Training | Workforce

Every aspect of the construction industry has been affected not only by the virus itself, but by the economic and regulatory pressures imposed by government reactions to the crisis, to include federal, state and local.

COVID-19: What Contractors Should Do Now to Manage and Mitigate Risks

by Daniel A. Kapner | Jun 11, 2020
Risk | Risk Management

While the COVID-19 pandemic will undoubtably give rise to claims, disputes and lawsuits, it is still too early to predict the full extent of impacts to the industry. In the short term, construction companies should take all steps available to mitigate potential liabilities.

Succession Planning Is More Important Today Than Ever

by Richard P. Higgins | Jun 10, 2020
Risk Management | Safety

Contractors need a succession plan that identifies successors and their roles, financial and contract authorizations, access to key data and contact information for key advisers.

How Accurately Monitoring the Weather Can Save Significant Revenue

by Dan Slagen | Jun 4, 2020
Business | Finance | Insurance | Project Delivery | Project Management | Risk

Understanding the impact of upcoming weather at a hyperlocal level is critical for contractors. Knowing ahead of time how, when and where to schedule jobs and crews at the beginning of each day and week puts contractors in the best possible position for success.

Five Easy Ways to Remove Risk From the AIA A201-2017

by Kenneth E. Rubinstein, Lexie R. Pereira | Jun 3, 2020
Contracts | Legal and Regulatory | Risk | Risk Management

Contractors can “de-risk” their owner contracts without creating unwanted conflict with these five readily-accepted revisions to the AIA-A201.

Don’t Be a Casualty of the COVID-19 Recession

by Nate Budde | Jun 3, 2020
Business | Business Development | Business Risk | Economy | Finance | Risk | Risk Management

Understanding cash needs, making cuts for efficiency, focusing on the best projects and protecting lien and bond claim rights can help contractors fend off the recession’s financial risk.

Reduce Construction Risk With Artificial Intelligence and Machine Learning

by Adam P. Handfinger, Kris Lengieza | Jun 2, 2020
Artificial Intelligence | Risk Management | Technology

Artificial intelligence and machine learning are powerful tools to reduce construction risks. Understanding the technology, where to find it and how to use it are critical to mitigating risk.
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