Risk

OCIP And CCIP Insurance Overview

by Patti Maluchnik | Aug 3, 2019
Insurance | Risk

Confused about OCIPs and CCIPs? It’s when a project owner (OCIP) or prime contractor (CCIP) purchases a “master insurance policy” for a large construction project. Just be careful when relying on somebody else’s insurance.

Achieve the Best Possible Coverage Rates and Terms With Comprehensive Risk Profiles

Managing growth with a balanced view of a firm’s own talent and core service structure helps a best-in-class contractor avoid professional liability claims.

Precautions for Minimized Risk Exposure and Maximized Loss Recovery

by Robert Burton | Aug 1, 2019
Risk | Risk Management

With the implementation of prudent accounting practices, contractors can reduce the likelihood of adverse litigation and can maximize recovery in the event of economic loss.

2019 Market Update Profiles Construction Industry Liability Trends and Challenges

by Joseph Nawa | Jul 27, 2019
Insurance | Risk Management | Safety

A 2019 Market Update report predicts a stable commercial insurance market but foresees a rise in the frequency and severity of claims, especially within the hospitality, habitational, health care and energy sectors.

Insuring Against a Data Breach

by Margaret L. Flatt, Jesse W. Lincoln | Jul 20, 2019
Cybersecurity | Insurance | Risk | Technology

Contractors are not immune from risks associated with cyberattacks and data breaches. Cyber events may result in litigation, so cyber insurance may make sense.

Effective Risk Control Programs: How Does Yours Stack Up?

Successful companies invest heavily in risk control programs, which focus on safety, human resources and claims management. Here's how to know if a company's program is on track.

Payment Bonds on a Private Construction Project

Payment bonds aren’t just for public projects. Private owners can mitigate risk and protect subcontractors and suppliers on the project.

Six Factors Sureties Look for Before Making a Bonding Decision

by Donald J. Kaiser, Richard P. Higgins | Jul 6, 2019
Business | Finance | Risk | Surety Bonding

Sureties go beyond character, capacity and capital to assess a contractor’s past, current and future performance, diving deeper into the contractor’s business before issuing surety credit.

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OCIP And CCIP Insurance Overview

Achieve the Best Possible Coverage Rates and Terms With Comprehensive Risk Profiles

Precautions for Minimized Risk Exposure and Maximized Loss Recovery

2019 Market Update Profiles Construction Industry Liability Trends and Challenges

Insuring Against a Data Breach

Effective Risk Control Programs: How Does Yours Stack Up?

Payment Bonds on a Private Construction Project

Six Factors Sureties Look for Before Making a Bonding Decision

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