The Pittsburgh City Council voted unanimously on a resolution that directs the mayor to convene a task force to explore tax fraud and other unfair construction industry practices.
Steps Contractors Can Take to Prepare for Catastrophic Weather Events
By assessing and managing potential exposures before, during and after catastrophic events and monitoring the insurance claims process, contractors can minimize the financial impact of these events and expedite recovery.
Navigating Risk Allocation in P3 Agreements
Before pursuing a P3 project, understand the basic contractual structure affecting design and construction, identify project risks, and modify terms that are inconsistent with the firm’s appetite for risk and overall strategic objectives.
The Ultimate List of Safety Tips for Construction Contractors
Following safety procedures helps reduce the potential for injuries on the job, but may also decrease indirect issues arising from safety problems, such as a surety bond claim or insurance rate hike.
Factors Impacting Construction Risk Management in 2019
USI Insurance Services' 2019 P&C Insurance Market Outlook Report states immigration and labor force issues, offsite fabrication, green construction, technological advances and effective subcontractor prequalification are expected to impact construction firms’ ability to manage risk effectively.
What Workers’ Compensation Underwriters Look For
Workers’ Comp insurance underwriters are using the internet to check a company’s online presence, NCCI rating, OSHA records, DOT reports and credit rating.
Don’t Drop the Ball: Managing Risk in P3 Contracts
Successful contractors know how to assess, manage and pass off risk in P3 projects. Three contractual provisions to watch out for and negotiate are bonding and insurance, indemnity and dispute resolution.
How Construction Companies Are Using Benchmarking Data and Analytics to Rise Above Their Peers
Using the power of big data, risk advisors give clients sophisticated benchmarking analysis that can result in more favorable terms and rates.












