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Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

“If something goes wrong, liability could hit the GC’s policy, which dilutes liability insurance limits, negatively impacts their claims history, and forces them to deal with a claim that’s not really their fault.”. If your business is found to have caused an injury or accident, the other party will seek damages.

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YOUR PERSONAL LIABILITY FOR WORKPLACE SAFETY

Safety Services Company

In many cases, OSHA (along with other federal entities which oversee the management of niche hazards, such as the Department of Transportation) is the primary body which ensures employers are held accountable for their workers’ lives. The OSH Act covers penalties which can occur a result of safety compliance violations.

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Construction Jobsite Safety: Strategies and Resources for Worker Well-Being

Pro Builder

Consider these elements of a training and awareness program to save lives, mitigate injuries, and reduce liability and costs . Selective Insurance recently released the results of a 10-year study of workplace injury trends , based on 110,000 workers’ compensation claims between 2011 and 2021. Fri, 08/05/2022 - 07:00.

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Construction quality management 101: Everything you should know

Lets Build

This helps to mitigate potential risks and liabilities, safeguarding the well-being of workers and minimising the likelihood of accidents or injuries. These checklists serve as valuable tools to ensure that every task and requirement is accounted for, and they provide a structured framework for managing quality throughout the project.

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Difference Between Tort and Contract | What Is Tort |  What Is Contract | What Is Contract Law | What Is Tort Law

CivilJungle

A tort , in common law jurisdiction, could be a tort (other than a breach of contract) that causes an applicant to suffer loss or hurt, leading to legal liability for the one that commits the act. It will embrace intentional infliction of emotional distress, negligence, money losses, injuries, invasion of privacy, and so on.

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Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. Accounting & Finance. Committing Intentional Project Communications » Public Exposure and Liability on Construction Sites. Points to Ponder: It is the contractor’s responsibility to create a work area and zone free from hazards that could cause injury or harm to persons or property. Tags accounting.

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What Is an Insurance Endorsement? A Contractor’s Guide

Levelset

At the core, you have property coverage for your tools and equipment, along with a liability component that protects your financial assets in case there’s a work-related accident or injury that you may have some responsibility for. . Pollution liability with site cleanup. The opposite may also hold true.