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Home » Topic » Risk

Pittsburgh City Council Establishes Construction Fraud Task Force

by Joanna Masterson | Jan 8, 2019
Risk | Risk Management

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 Todd Gillman | Jan 8, 2019
Insurance | OSHA | Risk | Risk Management | Safety

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

by Michael E. Wagner, Jr. | Jan 4, 2019
Contracts | Legal and Regulatory | Risk Management

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

by Eric Weisbrot | Dec 14, 2018
Safety | Surety Bonding | Wearables

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

by Joanna Masterson | Dec 13, 2018
Risk | Risk Management

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

by Remmie Butchko | Dec 11, 2018
Insurance | OSHA | Safety

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

by Syed T. Madani | Dec 7, 2018
Contracts | Dispute Resolution | Insurance | Legal and Regulatory | Surety Bonding

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

by Danette Beck | Nov 30, 2018
Business | Data Analytics | Insurance | Risk | Risk Management | Technology

Using the power of big data, risk advisors give clients sophisticated benchmarking analysis that can result in more favorable terms and rates.
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