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Home » Topic » Risk » Risk Management

The Insured’s Responsibilities in the Event of a Claim

by Jeffrey Cavignac | Oct 17, 2019
Dispute Resolution | Insurance | Risk Management | Safety

Timely reporting of claims is critically important on all lines of insurance coverage, although terms such as "occurrence" or "time" may not be defined in the policy.

Complying With Data Breach Regulations in the Construction Industry

by Ryan Bilbrey | Oct 11, 2019
Business | Business Risk | Cybersecurity | Risk | Risk Management | Technology

While advancements in technology have created opportunities in construction, they opened the door for cybercrime. No one is safe from hackers, so establish policies and procedures to be prepared when it matters.

The Expansion of Potential Liability of Construction Managers and Consultants

by Scott D. Cessar | Oct 10, 2019
Contracts | Dispute Resolution | Risk Management | Safety

There is a greater likelihood of lawsuits naming construction managers and consultants as defendants. The consequence of more claims has led to increased costs for legal expenses and settlements.

Risks to Consider When Bidding on a Construction Project

by Vic Lance | Oct 7, 2019
Contracts | Legal and Regulatory | Risk | Risk Management | Surety Bonding

Forward-looking contractors integrate risk management in their bidding process. It involves careful planning of project schedule, realistic budget assessment and systematic mapping of potential obstacles.

Failing to Adopt a Comprehensive Cyber Plan Can Lead to Disaster

by Richard Volack | Oct 4, 2019
Cybersecurity | Risk Management | Technology

Most construction companies do not have cyber insurance or a cyber security plan to deal with a computer breach or hacker. A cyber plan speeds up the investigation and response time to the breach.

A Comprehensive Cyber Security Plan Is Key to Robust Risk Management

by Richard Volack | Oct 2, 2019
Cybersecurity | Risk Management | Technology

A breach or hack of a construction company’s computer systems can result in loss of income, loss of clients, loss of trust by the public and even the loss of the entire business.

Six Ways to Combat Workforce Risks

by John Wagner | Oct 2, 2019
Risk | Risk Management | Safety | Training | Workforce

This article explores six risk management strategies construction companies should consider as they face today’s workforce challenges.

Buying vs. Renting Health Insurance

by Nathaniel Peniston | Oct 2, 2019
Insurance | Risk Management | Wellness | Workforce

Businesses with more than 25 employees should consider buying health insurance instead of renting it.
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