Risk Management

2019 Cyber Risk Outlook – What Construction Executives Should Know

by Jeffrey M. Dennis | Jan 11, 2019
Cybersecurity | Risk Management | Safety

A construction company’s intellectual property, financial information, customer data or classified material are targets for cyber thieves. Consider seven action items to guard against the dangers of cyberattacks.

Key Steps for Contractors to Prepare for Weather-Related Catastrophic Events

by Todd Gillman | Jan 8, 2019
Insurance | Risk | Risk Management | Safety

By assessing and managing potential exposures before, during and after catastrophic events and monitoring the insurance claims process, contractors can minimize the financial impact of these events and expedite recovery.

Pittsburgh City Council Establishes Construction Fraud Task Force

by Joanna Masterson | Jan 8, 2019
Risk | Risk Management

The Pittsburgh City Council voted unanimously on a resolution that directs the mayor to convene a task force to explore tax fraud and other unfair construction industry practices.

Steps Contractors Can Take to Prepare for Catastrophic Weather Events

By assessing and managing potential exposures before, during and after catastrophic events and monitoring the insurance claims process, contractors can minimize the financial impact of these events and expedite recovery.

Navigating Risk Allocation in P3 Agreements

by Michael E. Wagner, Jr. | Jan 4, 2019
Contracts | Legal and Regulatory | Risk Management

Before pursuing a P3 project, understand the basic contractual structure affecting design and construction, identify project risks, and modify terms that are inconsistent with the firm’s appetite for risk and overall strategic objectives.

Factors Impacting Construction Risk Management in 2019

by Joanna Masterson | Dec 13, 2018
Risk | Risk Management

USI Insurance Services' 2019 P&C Insurance Market Outlook Report states immigration and labor force issues, offsite fabrication, green construction, technological advances and effective subcontractor prequalification are expected to impact construction firms’ ability to manage risk effectively.

How Construction Companies Are Using Benchmarking Data and Analytics to Rise Above Their Peers

Using the power of big data, risk advisors give clients sophisticated benchmarking analysis that can result in more favorable terms and rates.

Indemnification: A Useful Tool for Allocating Risk in Construction Contracts

Indemnity agreements should ensure that the party intended to bear a certain risk is the one held responsible if that risk materializes.

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2019 Cyber Risk Outlook – What Construction Executives Should Know

Key Steps for Contractors to Prepare for Weather-Related Catastrophic Events

Pittsburgh City Council Establishes Construction Fraud Task Force

Steps Contractors Can Take to Prepare for Catastrophic Weather Events

Navigating Risk Allocation in P3 Agreements

Factors Impacting Construction Risk Management in 2019

How Construction Companies Are Using Benchmarking Data and Analytics to Rise Above Their Peers

Indemnification: A Useful Tool for Allocating Risk in Construction Contracts

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