Risk

Case Study: Chasing the Wrong Cause of Frost and Ice Damage in a Medical Facility

The general contractor of a 50-bed Midwest medical facility was facing a million dollar repair cost and a potential lawsuit due to winter frost and ice buildup in above-ceiling spaces, soffits and clerestories. The contractor found an innovative solution and avoided replacing the costly air barrier.

Five Ways to Build a Culture of Height Safety

Falls are OSHA’s most frequently cited violation, but there are ways to prevent falls and create a culture of height safety.

How Performance Bonds Work in Construction

by Todd Bryant | Apr 13, 2019
Dispute Resolution | Legal and Regulatory | Surety Bonding

A performance bond guarantees a contractor's performance under a contract. Here’s an overview of why they are required and how they work.

2019 Executive Insights: Insurance and Bonding

Industry experts share their insights on best practices for insurance and bonding.

Don’t Ignore Auto Insurance, Excess Liability and Cybersecurity Risks

Now that businesses are settled into the new year, it’s a good time to consider some of the top insurance and risk management challenges that contractors and other construction organizations should expect in 2019.

Joint Ventures: Costly If Not Cautious

by Adam Canosa, Robert Mercado | Apr 2, 2019
Business | Business Risk | Risk | Risk Management

Companies may wish to share the risk on a project, secure additional bonding capacity or enter a new market segment with a more experienced contractor, as well as offer additional resources, including working capital and other trades needed for a project. However, many risks need to be addressed prior to officially forming a joint venture.

England’s Carillion Collapse Forces a New Global Surety Standard

by Steven Raffuel | Apr 2, 2019
Legal and Regulatory | Surety Bonding

In many countries, only 5-10% of contract value is covered in event of loss or default. In the U.S., surety bonds prevent disaster from happening in the first place but if a loss occurs, cover 100% of contract value.

Industrial Insights on Emergency Preparedness

Companies that are able to recover quickly from natural or manmade disasters spend considerable time and resources to prepare for those events.

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Case Study: Chasing the Wrong Cause of Frost and Ice Damage in a Medical Facility

Five Ways to Build a Culture of Height Safety

How Performance Bonds Work in Construction

2019 Executive Insights: Insurance and Bonding

Don’t Ignore Auto Insurance, Excess Liability and Cybersecurity Risks

Joint Ventures: Costly If Not Cautious

England’s Carillion Collapse Forces a New Global Surety Standard

Industrial Insights on Emergency Preparedness

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