Employee fraud accounts for 20 percent of annual workers' comp claims paid. It can be an alleged accident that never occurred or when an injured employee exaggerates his disability and doesn’t return to work when he is able.
Dispute Resolution of Performance Bond Claims
To avoid litigation on whether a surety may be compelled to arbitrate, contractors and owners should specifically incorporate appropriate language in the contract documents.
Risk Management Checklist: Pros, Cons and How to Make One That Works
A risk management checklist helps to ensure that the appropriate conditions are present or that they’re “inspected.” The checklist is often only as good as the inspector utilizing it and must be accompanied by instructions.
Professional Liability Insurance Trends, Challenges and Predictions
A 2018 Market Update report cites a stable but competitive commercial insurance marketplace with new entries joining many established carriers vying for increased market share.
The Power of Project Monitoring in Preventing and Mitigating Risk
Construction projects are made up of several sources of capital that turn concepts into reality. These funding sources may dictate terms and monitor project progress, which can effectively mitigate risks.
A Strategic Approach to Project Controls
A strategic approach to technology and project controls takes work. The results are well worth the investment if it enables a firm to consistently perform better than the competition, increase profits and make clients happier.
Understanding and Mitigating the Risk of Construction Participant Failure
There are many ways that companies can avoid risks associated with subcontractor failure. Understanding the “why” instead of focusing on the symptoms can help fix the problem at the source.
Growth of Modular Construction Raises New Legal Questions
Modular construction creates legal questions not associated with traditional construction. Weigh risks and rewards, then structure contracts to provide the greatest protection and to satisfy the lender’s underwriting requirements.












