Insuring Against a Data Breach
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
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?
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.
