Risk Management

Field Decisions Gone Wrong: The Importance of Rectification Coverage

by Mitch Cohen | Oct 7, 2020
Insurance | Risk | Risk Management

Rectification, or loss mitigation, generally pays the cost to mitigate and rectify failures caused by negligent professional services before a claim can be made against the contractor.

COVID-19 Construction: Temporary Solutions Protect Product and People

Contractors are moving quickly to develop standardized playbooks on how to install air quality safeguards for permanent structures in the wake of the pandemic.

The Elephant in the Room: Tackling Alcohol and Substance Use in Construction

by Cal Beyer, Karyn Salerno | Sep 30, 2020
Risk Management | Safety | Wellness

Stop ignoring the elephant in the room and incorporate worker mental health and wellbeing into jobsite safety. Keep employees from slipping through the cracks by encouraging and equipping them to seek help.

Preventing Risk of Failures With Project Deliveries Using Construction Management Technology

by Manipal Dhariwal | Sep 28, 2020
Productivity | Risk | Risk Management | Technology

Adopting integrated construction management technology helps with estimating, planning project management, reducing risks related to cost, time, equipment, data and collaboration.

The Rise of Cybersecurity Risk in the Construction Industry

by David Friedenberg | Sep 27, 2020
Cybersecurity | Risk Management | Safety

Ransomware attacks can lead to loss of confidential data and intellectual property and result in workforce injuries and property damage if autonomous equipment is hacked.

Contractual Liability Exclusion and the ‘Insured Contract’ Exception

When evaluating contractual liability exclusion coverage, contractors should consider first the initial grant of coverage, then exclusions to coverage, followed by exceptions to those exclusions.

A Solid Foundation: The Importance of Business Structure and Stability During Times of Uncertainty

by John Burns | Sep 22, 2020
Business | Business Risk | Risk | Risk Management

An operating or shareholder agreement is essential in the event of business interruption, departure and dissolution, or death. Not having one can result devasting wake of destructive litigation.

Understanding the Purpose, Limitations and Benefits of a Liquidated Damages Clause

by James P. Carney, Daniel K. Felsen | Sep 22, 2020
Contracts | Dispute Resolution | Legal and Regulatory | Risk Management

Contracting parties are advised to understand the purpose, limitations and benefits of liquidated damages clauses.

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Field Decisions Gone Wrong: The Importance of Rectification Coverage

COVID-19 Construction: Temporary Solutions Protect Product and People

The Elephant in the Room: Tackling Alcohol and Substance Use in Construction

Preventing Risk of Failures With Project Deliveries Using Construction Management Technology

The Rise of Cybersecurity Risk in the Construction Industry

Contractual Liability Exclusion and the ‘Insured Contract’ Exception

A Solid Foundation: The Importance of Business Structure and Stability During Times of Uncertainty

Understanding the Purpose, Limitations and Benefits of a Liquidated Damages Clause

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