Levelset

SEPTEMBER 14, 2022

Let’s take a look a subcontractor insurance: when it’s needed, what happens if a sub goes uninsured, and what policies subs can use to protect their businesses from risk. Subcontractor business liability insurance should be retained since a catastrophic claim could bankrupt most all painting contractors.

Insurance 98

Insurance Liability Claims Injury 98

Safety Services Company

DECEMBER 1, 2020

Per OSHA’s regulation 29 CFR 1904, employers with more than 10 employees are required to keep a record of serious work-related injuries and illnesses. For example, accidentally reporting an injury that did not occur on the jobsite or reporting a cut or scrape that isn’t a recordable accident could have dire consequences. What is TRIR?

OSHA 62

OSHA Accidents Injury Compensation 62

Levelset

SEPTEMBER 22, 2022

By the same token, many potential situations pose risk to the health and safety of your employees and others working on the jobsite. Hazardous conditions can have both short-term and long-term financial consequences along with the possibility of work-related illness or injury. . of all deaths in the construction industry. .

Safety 52

Safety Injury Risk Construction 52

Levelset

AUGUST 31, 2022

They offer a full range of business insurance policies, including general liability, commercial auto, workers’ compensation, and umbrella. And they offer risk specialists to help your business minimize losses. Policies offered include general and professional liability, workers’ compensation, commercial auto, and tools and equipment.

Insurance 52

Insurance Liability Compensation Construction 52

Safety Services Company

SEPTEMBER 30, 2013

A fact sheet recently released by the Parkland Institute, a non-partisan public policy re search institute in the Faculty of Arts at the University of Alberta, states that the Alberta Government is understating the numbers of workplace injuries that occur each year.

Injury 48

Injury Union Safety Compensation 48

Levelset

SEPTEMBER 8, 2022

When it comes to protecting your contracting business from claims and lawsuits, it can be tough to know what type of insurance you should purchase. Liability insurance protects your business against claims for damages caused by you and your workers, if you have any. What are general liability and professional liability insurance?

Liability 52

Liability Insurance Claims Legal 52

Levelset

SEPTEMBER 23, 2022

General contractors know these risks when they take the role. However, the types of policies and their limits (the maximum amount claims can pay out) are limited. However, with the amount of risk involved in a standard construction project, general contractors typically need to hold multiple policies. Builder’s risk insurance.

Insurance 52

Insurance Liability Accidents Risk 52

Autodesk Construction Cloud

FEBRUARY 25, 2022

For another, work delays from 2021 are likely to impact the risk of subcontractor default in 2022 and beyond. . The following standard financial ratios can help risk management teams evaluate potential trade partners during the subcontractor qualification process. Formula: Net Income / Total Revenue . SAFETY RATES & METRICS .

Safety 94

Safety Debt Liability Equity 94

Safety Services Company

OCTOBER 9, 2017

Your EMR is the number insurance carriers look at when determining what you’ll pay for a Workers’ Compensation premium. It reflects your company’s past injury and illness incidents and lets the insurance carrier calculate future risk. depending on a variety of factors used to determine risk. How EMR Is Calculated.

Compensation 48

Compensation Insurance Injury Risk 48

Levelset

OCTOBER 13, 2022

Some parties — like owners and GCs — will want some assurances that any not-at-fault, job-related accidents or injuries will not cause them financial harm. A plumber could leave a line uncapped causing water damage, or a roofer could drop plywood on a worker below, causing injury. When do I need to provide a COI?

Insurance 52

Insurance Certification Contractors Liability 52

Best Practices Construction Law

NOVEMBER 2, 2012

Over my legal career, I have handled a significant amount of workers' compensation disputes, representing injured employees, defending employers and insurance carriers, and even a few years working for an appellate judge that addressed workers' compensation appeals. The National Council on Compensation Insurance, Inc.

Compensation 48

Compensation Insurance Claims Employment 48

Levelset

OCTOBER 20, 2022

General liability insurance : A GL policy may help cover the cost of bodily injury or property damage that occurs on a jobsite. Workers’ compensation insurance : This coverage can help replace income and cover medical expenses if an employee is injured while on the job. General liability may help pay for the cost of repair. .

Insurance 52

Insurance Liability Electrical Accidents 52

Contractor Magazine

SEPTEMBER 6, 2012

Home > Management > Best Practices > Limbach wins workers comp risk management award. Limbach wins workers comp risk management award. Related Articles Limbach wins workers comp risk management award. Project Management. Advertisement. ); //. Comments 0. ” Advertisement. ); //. Discuss this Article 0.

Risk 54

Risk Management Compensation Contractors 54

Levelset

SEPTEMBER 20, 2022

Heating, ventilation, and air conditioning (HVAC) contractors must protect their business property while reducing the odds that a job-related accident or injury could financially harm their business. It also helps cover costs associated with a passenger or pedestrian injury. Insurance Policies HVAC contractors need.

Insurance 52

Insurance Contractors Liability Accidents 52

NH Construction Law

AUGUST 11, 2018

Who is liable for injuries to the sub’s employees in such cases? He couldn’t sue A&M due to the Workers’ Compensation Law’s exclusivity provision, but he could and did sue the GC and the owner, claiming that they owed him a duty to maintain a safe working environment. The recent case of Grady v.

Subcontracting 40

Subcontracting Safety Compensation Claims 40

Levelset

SEPTEMBER 6, 2022

Among a number of other issues, insurance risk shifting is a concern for carriers. The policyholder will also have certain duties to perform if an insurance claim is incurred and reported. In addition, any other additional insured needs should be viewed as part of the company’s risk transfer program.

Insurance 52

Insurance Liability Construction Contract 52

Safety Services Company

OCTOBER 22, 2012

WorkSafe BC, Workers’ Compensation Board of British Columbia, has released information about the number and type animal attacks from 2005 to 2011. From 2005 to 2011, WorkSafe BC accepted: 13 claims, including 1 fatality, for injuries caused by direct contact between a bear and a worker.

Claims 48

Claims Injury Safety United States 48

Contractor Bookkeeping

JUNE 20, 2014

We strongly recommend a Subchapter S Corp (a Sub S) for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. That Is Not What Happens This Is What Usually Happens: Poorly defined scopes of work create claims and disputes.

Insurance 48

Insurance Construction Accounting Claims 48

Construction Lawyer

MARCH 27, 2012

The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. In other words, you use the stuff we post here at your own risk. The laws of each state are different and each situation is unique. professional capacity.

Architecture 58

Architecture Illinois AIA Chicago 58

Contractor Bookkeeping

JUNE 15, 2012

We strongly recommend a Subchapter S Corp (a Sub S) for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. That Is Not What Happens This Is What Usually Happens: Poorly defined scopes of work create claims and disputes.

Contractors 48

Contractors Insurance Claims Lien 48

Levelset

AUGUST 5, 2022

With so many policies on a project, there’s a good chance that coverage is overlapped, and a claim could cause insurers to battle with each other over who’s at fault. These base policies protect the project from third-party bodily injury and property damage claims, as well as worker injury claims.

Insurance 52

Insurance Liability Claims Construction 52

Levelset

SEPTEMBER 2, 2022

Errors and omissions (E&O) insurance covers contractors against financial loss resulting from mistakes, errors, or claims of negligence. While general liability insurance covers against claims related to injury or property damage, errors and omissions insurance protects from lawsuits related to financial loss.

Insurance 52

Insurance Liability Claims Construction 52

Contractor Bookkeeping

JANUARY 2, 2015

Get Organized - We strongly recommend a Subchapter S-Corp for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. That Is Not What Happens This Is What Usually Happens: Poorly defined scopes of work create claims and disputes.

Construction 48

Construction Insurance Accounting Claims 48

Pro Builder

AUGUST 5, 2022

Consider these elements of a training and awareness program to save lives, mitigate injuries, and reduce liability and costs . Cannabis and the Jobsite: Keeping Your Risk to a Minimum. There’s a gap in the management of risk and safety in construction,” he says. Fri, 08/05/2022 - 07:00. billion in workforce education.

Safety 72

Safety Resource Injury Construction 72

Levelset

SEPTEMBER 7, 2022

Unlike general liability insurance — which protects contractors when their work leads to bodily injury or property damage — professional liability offers coverage in situations when their work causes another party to lose money. Professional liability insurance protects against claims related to professional negligence.

Liability 52

Liability Insurance Injury Contract 52

Green Building Law Update

MAY 24, 2020

With all 50 states now in some stage of reopening from coronavirus pandemic closures, many commercial real estate owners are questioning if they can be liable for damages when someone, whether an employee of the business tenant or someone else, claims to have contracted COVID-19 at their building.

Liability 177

Liability Commercial Claims Insurance 177

Construction Junkie

MARCH 9, 2021

I started as an Admin Assistant then moved to Work Comp Claims help, to full time Safety, to Safety Director. Bonnie Lunzer, Claims Manager at Parsons Electric How did you get into the construction industry ? As a Workers’ Compensation claims representative, I was only involved after the injury occurred.

Safety 98

Safety Construction Industrial US 98

Construction Lawyer

MAY 30, 2012

The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. In other words, you use the stuff we post here at your own risk. It is very possible that a firm will not have coverage for such claims.

Liability 40

Liability Contractors Design Minnesota 40

Lets Build

FEBRUARY 24, 2022

They can, for example, perform a visual inspection of high-risk areas like tall buildings, smokestacks, and partially completed bridges. Over time, this leads to injuries, time off work, and workers’ compensation claims. Its production produces 90% fewer carbon emissions than traditional bricks and another masonry.

Industrial 158

Industrial Construction Equipment Software 158

Fieldwire

JANUARY 16, 2024

Risk management You must keep your crews safe. For example, falls, scaffolding and ladders are frequent causes of OSHA violations and can lead to permanent injuries that affect a worker’s entire career. Investing in risk management technology nearly always makes financial sense for construction crew leaders.

Project Management 52

Project Management Management Construction Life Cycle 52

Job Order Contracting

SEPTEMBER 12, 2018

This standard is intended to be used to ensure that the equipment and systems are maintained in a safe operating condition, there are no parts, pieces, conditions or situations that my cause injury or endanger the users or pedestrians when used in accordance with the manufacturers placards, recommendations, instructions or guidelines.

Inspections 100

Inspections Equipment Electrical Safety 100

Green Building Law Update

NOVEMBER 15, 2020

And these questions are not unfounded because as of November 1, 2020, legal industry databases of state and federal litigation are tracking more than 6,100 cases involving Covid-19 claims. Moreover, an invitee cannot maintain a negligence suit merely from a showing that an injury was sustained in the defendant’s building.

Liability 293

Liability Legal Claims Insurance 293