Risk Management

Be a Good Neighbor: How Contractors Can Protect Themselves From Third-Party Claims

Developers can protect themselves from claims for third-party damage through license agreements, intensive construction site monitoring and appropriate insurance products. These prevent costly and debilitating delays, and help maintain positive relationships with neighbors.

Natural Disasters’ Impact on Construction in the United States

by Crystal T. Dang, Robert S. Peckar | Nov 17, 2020
Insurance | Risk | Risk Management

As the frequency and severity of natural disasters increases, contractors should implement guidelines that anticipate disasters, review the impact of a disaster as it is happening, and develop a mitigation plan to limit losses.

Mixing Innovation With Philanthropy, Reducing COVID-19 Risk

by A. Vincent Vasquez | Nov 12, 2020
Risk Management | Technology

As one of the 20 largest contractors in the United States by revenue, DPR Construction understands how important it is not only to run its business efficiently and safely, but also to give back to the communities in which it operates.

Preventing Lawsuits Due to Sick Buildings in the Age of COVID-19

by William S. Thomas | Nov 11, 2020
Markets | Project Delivery | Risk Management

Building owners must follow all local, regional and national guidance documents to protect employees from the spread of coronavirus. They also must undertake the rigorous recommendations of ASHRAE for reopening and continued operation and maintenance of buildings and HVAC systems.

How COVID-19 Has Affected Risk in the Construction Industry

While COVID-19 has increased the risks for construction professionals, there are strategies to mitigate risk such as virtual training, wearables and attracting the best talent.

Risk Protection: Force Majeure Agreements Take on Renewed Relevance

by Michael E. Carson | Nov 10, 2020
Contracts | Legal and Regulatory | Risk | Risk Management

In a year defined by the COVID-19 pandemic, force majeure clauses have gone from boilerplate basics to something worthy of further examination and attention in order to minimize risk for all parties involved in a construction project.

Subcontractor Failure to Pay Employee Wages Could Fall on General Contractors

by Michael C. Zisa | Nov 10, 2020
Risk Management | Safety

General contractors must realize the risk of being held liable for a subcontractor’s failure to pay timely and proper wages to their employees and/or lower-tier subcontractors.

Business Interruption Policies: Are COVID-19 Losses Covered?

Business interruption coverage provides coverage for loss of income or covered expenses. While in most cases, BI has not covered COVID-19 losses, there are glimmers of hope.

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Be a Good Neighbor: How Contractors Can Protect Themselves From Third-Party Claims

Natural Disasters’ Impact on Construction in the United States

Mixing Innovation With Philanthropy, Reducing COVID-19 Risk

Preventing Lawsuits Due to Sick Buildings in the Age of COVID-19

How COVID-19 Has Affected Risk in the Construction Industry

Risk Protection: Force Majeure Agreements Take on Renewed Relevance

Subcontractor Failure to Pay Employee Wages Could Fall on General Contractors

Business Interruption Policies: Are COVID-19 Losses Covered?

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