Most people wouldn’t go to a doctor who didn’t have the right insurance coverage. The same rings true for general contractors when hiring subcontractors to work on their projects.
Design-Build Trends, Challenges and Risk Mitigation
Design-build contractors with contractual responsibility for design and construction need strong contractual language and insurance programs to minimize risk exposures.
Builder’s Risk Coverage—Construction Defects
A standard builder’s risk policy may or may not cover losses from defective construction but there are alternatives that can help with specific costs associated with construction defect loss.
Keep Disaster From Striking the Jobsite
Proactive safety measures and documentation can reduce jobsite injuries and theft, and protect companies in the event of litigation. Contractors can lower their risk with careful planning and use of technology.
Subrogation, Anti-Subrogation and Waiver of Subrogation
Understanding subrogation, anti-subrogation and waiver of subrogation through insurance policies, contracts and the law is essential to proactive risk management planning and post-loss claim adjustment.
Financial Statement Basics: What a Contractor Needs to Know for Surety Bonding
When evaluating a contractor for surety credit, sureties look for the three Cs: character, capacity and capital, to form an opinion on a contractor’s past, current and future performance.
Builder’s Risk Coverage—Language Matters
Builders’ risk policies generally include exclusions for faulty design, materials and workmanship, but the exact language used in the policy matters.
Adapt Drug and Alcohol Policies to Temper Potential Legal Costs
Three experts discuss drug testing policies in the context of today’s regulatory environment and outline best practices for training and safety.











