Risk Management
Companies in the construction industry need to be prepared to respond to a crisis scenario and should be ready to communicate within the first hour after an incident occurs.
BOP Endorsements: Customize Coverage Options to Protect All Your Assets
When it comes to protecting today’s construction businesses, executives must make sure necessary insurance coverage is in place and communicated to clients or other required parties—a responsibility that should not take any longer than necessary.
When Engineering Design Fails: The Impact of Faulty Design and Collapses
Faulty material choices and fast-tracked construction practices continue to combine with workmanship, design and engineering issues to produce an increasing number of design and building errors.
Dealing With Moisture Control in High-Performance Buildings
One U.S. Environmental Protection Agency building assessment survey and evaluation study found that 85 percent of commercial buildings had been damaged by water, and 45 percent of those had water leaks at the time the study was done.
2018 Insurance Market Outlook
Once premiums for property, general liability, auto, workers’ compensation, employee benefits, life insurance and other lines of coverage are added up, it can often total 5 percent or more of a firm’s total revenue—and that is only the direct costs.
Five Ways Contractors Can Lower Workers’ Compensation Costs
Lowering workers' comp rates can be as simple as five simple recordkeeping and paperwork reporting procedures.
Preparing for a Risk Management Review
Don’t fear a risk management review. While insurers want to be certain a contractor is taking actions to prevent injuries and property damage, there are steps contractors can take for a successful review.
Fraud, Forgery and Outright Theft: Strategies to Protect Project Funds
Contractors are vulnerable to theft due to transactions among owners, contractors, subcontractors, vendors and suppliers. Knowing how fraud occurs is the first step to reducing risk.










