Risk Management

Construction Wrap-Up Insurance Programs: Erecting a Solid Foundation, Part I

by Dennis J. Artese, Finley T. Harckham, Luma S. Al-Shibib | Apr 8, 2020
Insurance | Risk | Risk Management

Owner-controlled insurance programs and contractor-controlled insurance programs, or “wrap-ups,” provide insurance coverage for owners, general contractors and subcontractors. Before considering a wrap-up, understand how they work and their typical coverages.

Liquidity Matters in the Fight Against COVID-19

by Martin C. McCarthy | Apr 8, 2020
Risk | Risk Management | Safety | Wellness

Contractors that are highly liquid are better equipped to manage the financial constraints of the COVID-19 pandemic. Here are several steps business leaders can take to continue operations during challenging times.

AvalonBay Community’s Fire Elimination Program for Wood Frame Construction

by A. Vincent Vasquez | Apr 7, 2020
Risk Management | Technology

Technologies such as high-def perimeter cameras, sensors that detect temperature changes and a spray-on process that retards fire in wood are reducing fires in wood frame construction.

Lien Waivers: Understanding the Risks in a Common Form

by Ian B. Huyett, Kenneth E. Rubinstein | Apr 1, 2020
Contracts | Legal and Regulatory | Risk Management

Owners may use lien waivers to gain additional rights beyond what they are entitled to under the contract.

In Uncertain Times, Pay Close Attention to the Employee Handbook

by Rick Blystone | Apr 1, 2020
Business | Human Resources | Risk Management | Workforce

Employers should pay special attention to the content of their employee handbooks during these uncertain times.

Four Qualities Lenders Look for in General Contractors When Assessing Construction Risk

by Scott A. Cameron | Mar 25, 2020
Business | Business Risk | Risk | Risk Management

There are four essential qualities lenders look for in general contractors when assessing risk in construction projects: document accuracy, responsiveness to questions, honesty and focus on area of expertise.

It Takes More Than a Certificate to Protect Owners, Developers and Contractors

A certificate of insurance (COI), issued by a licensed insurance broker, is a summary of insurance policies and/or coverages, such as general and professional liability and workers' compensation.

Extreme Remedies to License Violations—Know the Risk

by Trevor B. Potter | Mar 18, 2020
Legal and Regulatory | Risk Management

Inadvertent licensure violations pose a serious risk to contractors, especially in states with a disgorgement remedy, which requires unlicensed contractors to pay back amounts received for work.

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Construction Wrap-Up Insurance Programs: Erecting a Solid Foundation, Part I

Liquidity Matters in the Fight Against COVID-19

AvalonBay Community’s Fire Elimination Program for Wood Frame Construction

Lien Waivers: Understanding the Risks in a Common Form

In Uncertain Times, Pay Close Attention to the Employee Handbook

Four Qualities Lenders Look for in General Contractors When Assessing Construction Risk

It Takes More Than a Certificate to Protect Owners, Developers and Contractors

Extreme Remedies to License Violations—Know the Risk

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