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Home » Topic » Risk

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.

What Insurance Coverages Do Subcontractors Need?

by Joseph Lalla | Jun 23, 2019
Insurance | Risk Management | Safety

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

by Bill Webb | Jun 16, 2019
Business | Business Risk | Contracts | Dispute Resolution | Insurance | Legal and Regulatory | Project Delivery | Risk | Risk Management

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

by Brian Hearst | Jun 16, 2019
Insurance | Risk | Risk Management

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

by Ken Pittman | Jun 13, 2019
Dispute Resolution | Legal and Regulatory | OSHA | Risk | Risk Management | Safety

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

by Julian D. Ehrlich | Jun 9, 2019
Dispute Resolution | Insurance | Legal and Regulatory | Risk Management

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

by Matthew J. Boland, Martin C. McCarthy | Jun 8, 2019
Business | Finance | Insurance | Risk | 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

by Brian Hearst | Jun 4, 2019
Insurance | Legal and Regulatory | Policy | Risk | Risk Management

Builders’ risk policies generally include exclusions for faulty design, materials and workmanship, but the exact language used in the policy matters.
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