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Home » Topic » Risk

Protect Against Wood-Frame Construction Hazards With CPL Insurance

by Drew Rothman | May 14, 2019
Insurance | Markets | Risk Management

Contractors face a learning curve to overcome the safety, project management, structural, moisture and design challenges that can impact wood-frame projects. As a result, many use insurance forms to control wide-ranging pollution problems.

All About the Miller Act: Protections for Subcontractors and Suppliers

by Mary Bacon | May 13, 2019
Legal and Regulatory | Surety Bonding

The Miller Act requires general contractors to obtain payment bonds so that subcontractors and suppliers are guaranteed payment on federal projects.

Maximizing Contractor Capital for Increased Bonding Capacity

by Robert Mercado, William A. Clark Jr. | May 11, 2019
Accounting | Business | Risk | Surety Bonding

Many factors affect bonding capacity, but contractors have options that can enhance their capital position in order to maximize surety credit.

Pricing Risk in (and Out of) Construction Projects

by Walead Atiyeh | May 5, 2019
Business | Business Risk | Finance | Project Management | Risk | Risk Management | Safety

Failure to trace the risk from the estimate through the turnover and startup phase of a project can lead to confusion, and worse yet, a failure by the project team to mitigate a risk identified at the estimate stage.

No Rest for the Weary: Project Completion Is the Beginning of Litigation

by Bob Fitzsimmons | May 1, 2019
Contracts | Dispute Resolution | Insurance | Legal and Regulatory

Post-construction litigation mirrors the complexity of the project. Contractors can face construction defect litigation and be served with a Notice of Opportunity to Repair years after project completion.

Construction Fire Safety Practices: What Superintendents Need to Know

by Raymond O’Brocki | Apr 29, 2019
Equipment | OSHA | PPE | Risk | Risk Management | Safety | Tools

Most—if not all—construction fires that have occurred over the last few decades were preventable. Here are some best practices to follow to avoid the risk of fire.

Reassessing Project Safety Oversight

by Scott B. Lassila | Apr 28, 2019
Contracts | Insurance | Legal and Regulatory | OSHA | Risk | Safety

By revisiting and strengthening worksite safety practices, owners, CMs and GCs can avoid costly OSHA penalties and reduce accident-related liability exposures.

Digital Technology Can Resolve Low-Touch Claims in Hours, Not Days

by Brandie McDonald, Stacey LaFehr-Yoder | Apr 26, 2019
Data Analytics | Dispute Resolution | Insurance | Legal and Regulatory | Regulations | Risk | Risk Management | Technology

With digital technology, minor claims can be processed faster—sometimes in a matter of hours. But automated claims processing need not come at the expense of personalized service.
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