2020 Surety Outlook: Capitalizing on Capacity
The surety industry is reporting another record year in direct premium written and overall capacity, and the availably of credit is at an all-time high.
How to Minimize Retainage Risk
Minimize risk of losing retainage on a project by understanding what it is, how to proactively protect retainage payments, negotiation tactics, and how to recover retainage funds.
To Arbitrate or Not, That Is the Question
Agreeing to submit all disputes to binding arbitration as opposed to litigation in court is a significant business decision that contractors should never take lightly.
The Secret to Lowering the Experience Modification Rate
The experience modification can have a significant impact on a company’s operations and profitability. A culture of safety and good claims management practices can keep the mod rate low.
Risks of a Robust Economy
While it might seem like the right time to grow a business, expanding too fast without a strong plan can be detrimental to the business, its finances and its reputation.
Understanding the Contractor’s Consent: The Hidden Dangers in a Common Form
When reviewing consent documents, contractors should keep an eye out for the following clauses, which can drastically affect their rights regardless of whether the owner actually comes to default on their loan.
Beyond Experience Modification Rate: The Effect of a Good Safety Program
While an EMR is valuable data, and something contractors can and should be proud of, contractors should not base their safety practices on that information.
Tools and Strategies for Preventing Asbestos Exposure
Using respiratory protective equipment when working around asbestos and contaminated material protects the wearer from hazardous substances, but proper fit, storage, maintenance and repair are essential.
