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Insurance

Safety Lessons Learned From 2020

May 24, 2021 by John Biggs

Construction has always been a dangerous way to make a living, but the sudden arrival of COVID-19 took safety to a whole new level. Companies had to adapt and evolve quickly to keep their workers … about Safety Lessons Learned From 2020

Categories: Featured, Safety, United States, World Tags: Insurance, Worker Safety

Design Risks Every Contractor Should Watch Out For

May 10, 2021 by Duane Craig

New project delivery methods are reshaping the role of the contractor. Throughout most of the 20th Century, design-bid-build was the standard way of running projects. This model relied on architects working with the owner under … about Design Risks Every Contractor Should Watch Out For

Categories: Business, Featured, United States, World Tags: Design, Insurance, Risk Management

Construction Commercial General Liability Insurance: What to Consider When Selecting a Policy

March 6, 2020 by Duane Craig

Since 1939, insurance companies in the U.S. have begun writing policies for blanket coverage called commercial general liability insurance. These policies cover every risk except those listed in the exclusions.

Categories: Business, United States, World Tags: Insurance

Stop Signing Away Your Subcontractor Profits

February 18, 2020 by Duane Craig

Few people enjoy reading contracts. Their never-ending sentences cause your eyes to glaze over and your mind to go numb. But, by not taking the time to carefully review and understand these documents, subcontractors are … about Stop Signing Away Your Subcontractor Profits

Categories: Business, United States Tags: Insurance, Subcontractor

Your Guideline to Construction Wrap-up Insurance

September 15, 2019 by Larry Bernstein

Owner-controlled or contractor-controlled insurance programs are inching their way into projects never envisioned for their use. These "wrap-ups" can increase subcontractor risk through inadequate coverages and greater administrative costs. Here's what's behind these insurance products … about Your Guideline to Construction Wrap-up Insurance

Categories: Business, United States Tags: Insurance, Risk Management

What You Need to Understand About Contractor’s Professional Liability Insurance

August 4, 2019 by Duane Craig

As the contractor’s professional liability insurance market has grown, so have the claims. CPL Policy limits are also climbing, the average now double what it was just five years ago. Contractors pay a lot for … about What You Need to Understand About Contractor’s Professional Liability Insurance

Categories: Business, United States Tags: Insurance

Worker Fatalities Drop, But Death Rate Remains High

October 1, 2018 by Jobsite Editorial

There have been 19 construction-related deaths to August this year, according to the National Safe Work Australia figures released in September—down from 23 deaths at the same time last year. The reduction in deaths is … about Worker Fatalities Drop, But Death Rate Remains High

Categories: Australia, Safety Tags: Insurance, Worker Safety

Construction’s Year of Digital Disruption: How are we doing?

September 24, 2018 by Procore Editorial Staff

The year 2017 marked a considerable change in how construction technology was viewed. Industry-wide, the conversation shifted from the need to adopt technology to the best strategies and technology solutions for maximizing investment. Heading into … about Construction’s Year of Digital Disruption: How are we doing?

Categories: Technology Tags: Contech, Data, Insurance

The One Thing You Need to Do Before You Walk on Any Jobsite

July 23, 2018 by Jobsite Editorial

It might not be the first thing you think about, but insurance and public liability should be the primary consideration for anyone working on a jobsite. Without such protections, individuals could be personally liable for … about The One Thing You Need to Do Before You Walk on Any Jobsite

Categories: Australia, More Tags: Business Plan, Insurance, Risk Management, Worker Safety

Reducing Insurance-Related Costs with Construction Technology

May 6, 2018 by Procore Editorial Staff

Over the past several years, the construction industry has been positively booming with new technology. Traditionally, construction has been one of the least digitized industries, so there was plenty of room to grow.

Categories: More Tags: Contech, Financial Management, Insurance, Risk Management

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