Risk Management

Bonded and Insured: Are Both Needed? What’s the Difference? Why Does It Matter?

by Mary Bacon | Jul 9, 2020
Risk | Risk Management | Surety Bonding

Surety bonds and insurance are forms of risk management meant to protect against financial loss. But what they cover and how claims are handled differ.

General Indemnity Agreements: Can the “Impenetrable” Be Breached?

General contractors should be aware of obligations under the general indemnity agreement when making a claim on a surety bond, and acknowledge their obligation to repay the surety.

Background Check Trends and Their Impact on Construction Contractors

by Alla Schay | Jun 24, 2020
Business | Human Resources | Risk Management | Workforce

Background checks for contractors have been essential during the COVID-19 pandemic. Learn new tips and solutions regarding the impact proper background checks have on your business.

2020 Market Update: Construction Industry Trends and Challenges

by John J. Heft | Jun 16, 2020
Insurance | Risk Management | Safety

A new report highlights the trends and challenges of the commercial insurance industry and defines the state of the environmental and construction-related professional liability insurance marketplace.

Managing Environmental Risk in the Construction Industry

by Darren Berg | Jun 16, 2020
Insurance | Risk | Risk Management

Risks associated with environmental pollution are often addressed too late, leaving contractors to rely on insurance policies that may be vague in coverage or exclude pollution incidents altogether.

Returning to Work Safely: What Is the ‘New Normal’ for Construction Employers?

Every aspect of the construction industry has been affected not only by the virus itself, but by the economic and regulatory pressures imposed by government reactions to the crisis, to include federal, state and local.

COVID-19: What Contractors Should Do Now to Manage and Mitigate Risks

by Daniel A. Kapner | Jun 11, 2020
Risk | Risk Management

While the COVID-19 pandemic will undoubtably give rise to claims, disputes and lawsuits, it is still too early to predict the full extent of impacts to the industry. In the short term, construction companies should take all steps available to mitigate potential liabilities.

Succession Planning Is More Important Today Than Ever

by Richard P. Higgins | Jun 10, 2020
Risk Management | Safety

Contractors need a succession plan that identifies successors and their roles, financial and contract authorizations, access to key data and contact information for key advisers.

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Bonded and Insured: Are Both Needed? What’s the Difference? Why Does It Matter?

General Indemnity Agreements: Can the “Impenetrable” Be Breached?

Background Check Trends and Their Impact on Construction Contractors

2020 Market Update: Construction Industry Trends and Challenges

Managing Environmental Risk in the Construction Industry

Returning to Work Safely: What Is the ‘New Normal’ for Construction Employers?

COVID-19: What Contractors Should Do Now to Manage and Mitigate Risks

Succession Planning Is More Important Today Than Ever

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