Risk Management

Natural Catastrophes Dominate the 2018 Construction Risk Landscape

by Thomas K. Varney | Mar 14, 2018
Cybersecurity | Risk | Risk Management | Technology

Contractors are most worried about natural catastrophes, business interruption, fire/explosion and cyber incidents, according to the Allianz Risk Barometer 2018.

The Importance of Air Sampling on Construction Sites

by Tim Turney | Mar 7, 2018
OSHA | Risk Management | Safety | Wellness

Dust is rarely seen, but employees must be protected from exposure to it and other respiratory risks. Proper air sampling is about more than complying with regulations; it is also about protecting the long-term wellbeing of workers.

Protect Against Design Errors With Owners Protective Professional Indemnity Coverage

by Joseph Nawa | Feb 28, 2018
Insurance | Risk | Risk Management

Owners Protective Professional (OPP) is an option for filling coverage gaps and protecting both owners and the contractors they hire from the costly consequences resulting from design and construction problems.

Five Essential Components of an Accident Response Plan

With the construction industry facing a skilled labor shortage, new and inexperienced workers are entering the field. These workers may be more vulnerable to injury, making it hugely important for general contractors to create a culture of safety for their employees, subcontractors and craft professionals.

How to Determine Whether a Project Is Worth the Risk

When presented with a project opportunity, many contractors quickly respond with enthusiasm before thoroughly considering whether taking on the project makes sense for their business. Fortunately, there is a better way to evaluate projects that balances the optimism of a win with the practical need to make a profit.

Hurricane-proof Construction Methods Can Prevent the Destruction of Communities

by Zach Mortice | Feb 22, 2018
Risk | Risk Management

The hurricanes that slammed into heavily populated areas from the Caribbean to Texas last summer are inching toward a half-trillion-dollar price tag in damages. Buildings are the most visible marker of a place’s resilience after a disaster strikes and the industry is searching for a way to rebuid better.

Protections From the Failure of Other Contractors: Maintain Security Rights

by Nate Budde | Feb 21, 2018
Risk | Risk Management | Surety Bonding

Failure by any project participant can be felt up and down the payment chain and extend to other projects. For protection against other parties’ failures, always preserve mechanics lien and bond claim rights.

Sunny Outlook for Managing Volatile Weather Risk Exposure

by Josh Vick, Mike DeLio | Feb 21, 2018
Contracts | Risk Management | Safety

New approaches to analyzing historical weather patterns and interest from third parties willing to assume these risks are changing the way the industry approaches weather risk exposure.

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Natural Catastrophes Dominate the 2018 Construction Risk Landscape

The Importance of Air Sampling on Construction Sites

Protect Against Design Errors With Owners Protective Professional Indemnity Coverage

Five Essential Components of an Accident Response Plan

How to Determine Whether a Project Is Worth the Risk

Hurricane-proof Construction Methods Can Prevent the Destruction of Communities

Protections From the Failure of Other Contractors: Maintain Security Rights

Sunny Outlook for Managing Volatile Weather Risk Exposure

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