BD+C

NOVEMBER 4, 2020

Some of the nation’s largest commercial property insurers have put moratoriums on issuing new insurance policies and renewing current ones due to fear of potential civil unrest resulting from a closely contested presidential election. The multifamily sector has been most impacted, but other all sectors have been affected.

Insurance 72

Insurance Los Angeles Commercial Security 72

HardHatChat

MARCH 13, 2013

Being a national commercial construction general contractor can be an immensely rewarding profession. There is always a sense of pride and accomplishment after completing a retail construction, restaurant construction and commercial construction project for a client. Commercial property preventative maintenance.

Commercial 207

Commercial Insurance Retail Chicago 207

Construction Business Owner

JANUARY 28, 2022

Travelers, the second-largest writer of United States commercial property casualty insurance and the largest writer of surety bonds in North America, has released the findings of a new infrastructure study that followed 224 heavy civil construction projects from 2004 to 2020. Alex Headley. Fri, 01/28/2022 - 08:30.

Infrastructure 374

Infrastructure Design United States Insurance 374

Construction Business Owner

SEPTEMBER 20, 2021

Either by choice or required by contract or statute, commercial general liability (CGL), workers’ compensation, business auto and inland marine insurance (mobile equipment) are among the most common types of insurance purchased by contractors. How to Prepare for Unexpected Risk Exposure. Alex Headley. Mon, 09/20/2021 - 07:30.

Risk 356

Risk Liability Insurance Compensation 356

Levelset

MAY 23, 2022

One way to help protect yourself from some of these perils is by having business interruption insurance for construction. This type of insurance can help ensure that you’re able to continue operations if something happens that causes you to lose income. What does business interruption insurance cover ?

Insurance 97

Insurance Contractors Construction Claims 97

Levelset

AUGUST 31, 2022

Whether you’re just starting your business or looking to change insurance carriers, it pays to go with a company that has experience and knowledge in providing insurance for the construction industry. These days you can purchase insurance on your own or go through a local agent. Best construction insurance companies.

Insurance 52

Insurance Liability Compensation Construction 52

Levelset

SEPTEMBER 30, 2022

Insurance is one part of a strategy to keep your carpentry business financially healthy. To minimize any financial damage, a comprehensive carpenter’s insurance plan is a smart bet. . What is carpenter insurance? Does a carpenter need insurance? Insurance serves another purpose.

Insurance 52

Insurance Liability Accidents Injury 52

Levelset

SEPTEMBER 19, 2022

As you dig deeper into your construction insurance policy, you may come across the terms first-party insurance and third-party insurance. Mastering the difference between these two concepts is crucial to understanding how different types of construction insurance protect you.

Insurance 52

Insurance Liability Compensation Claims 52

Green Building Law Update

MAY 12, 2019

In a case having broad implications given the wide mandatory recycling of restaurant waste cooking oil across the country, in a decision filed on April 29, 2019, a federal appeals court held that contaminated recycled fat could trigger the “pollution exclusion” in an insurance policy. In Restaurant Recycling, LLC v.

Insurance 120

Insurance Employment Commercial Products 120

Levelset

JUNE 3, 2022

Project loss insurance has the potential to save contractors from devastating project losses, no matter the cause. Project loss insurance, or PLI, is designed to mitigate catastrophic construction project losses. Project loss insurance coverage. How project loss insurance works. How much does project loss insurance cost?

Insurance 52

Insurance Cash Flow Claims Contractors 52

Levelset

OCTOBER 14, 2022

Plumbing contractors should include business insurance as an integral part of their financial strategy. With numerous policies available, the plumbing contractor’s insurance landscape offers many ways for you to protect your physical and financial business assets. What is plumber’s insurance? Worker injury.

Insurance 52

Insurance Liability Injury Compensation 52

Construction Marketing

JANUARY 18, 2018

You should instead find a commercial roofing contractor. However, finding the right commercial roofing contractor can be a piece of cake when you know what to look for when hiring such professionals. Below is a checklist that should guide you when hiring a commercial roofing expert. Insurance Cover is Crucial. Experience.

Commercial 121

Commercial Contractors Insurance Injury 121

Levelset

SEPTEMBER 16, 2022

Your base insurance policy may offer some coverage for unexpected damage to some business property, but making assumptions about the extent of coverage could lead to some financial distress. . An equipment floater offers insurance protection for your business property as it moves from location to location. What is an equipment floater?

Insurance 52

Insurance Equipment Contractors Risk 52

Construction Equipment

JANUARY 12, 2017

The Oklahoman Newspaper recently featured a question & answer article discussing the various types of insurance companies and drone operators will need should they bring drones into their fleet. that call for more coverage.

Insurance 48

Insurance Commercial Liability Risk 48

Levelset

OCTOBER 20, 2022

Scenarios like these stress the need for an electrician to have insurance coverage in place. Thus, a strong insurance plan helps you rest easier both on and off the job. Why can an electrical contractor use insurance? Insurance policies can help your business cover the costs of both minor and major incidents.

Insurance 52

Insurance Liability Electrical Accidents 52

BD+C

DECEMBER 18, 2018

The commercial property and casualty (P&C) market is driven by two powerful, albeit conflicting, forces: large catastrophic losses and excess capital.

Insurance 72

Insurance Commercial Management 72

Job Order Contracting

JANUARY 25, 2018

Insurance and bond costs • Appraisals. The post Commercial Construction Costs – Canada appeared first on 4BT. Cost data shown is for construction only and does not include… • Land and related costs • Tenant incentives. Architectural and engineering fees • Permits and development charges. Levies • Developer profit.

Commercial 100

Commercial Construction Commissioning Permits 100

Levelset

SEPTEMBER 20, 2022

HVAC contractor insurance is the primary way to help protect your financial interest if things go wrong on the job. This contractor’s insurance solution is typically the most cost-effective means to secure coverage and give you peace of mind. What is HVAC contractor insurance? Who needs HVAC insurance?

Insurance 52

Insurance Contractors Liability Accidents 52

NH Construction Law

JANUARY 30, 2022

When a contractor or subcontractor is sued for defective workmanship, one of his first thoughts is likely to be whether the damages are covered by his liability insurance. But if the plaintiff’s complaint also alleges some resulting property damage, however minor, the insurer is obliged to defend the lawsuit.

Insurance 40

Insurance Liability Defense New Hampshire 40

Levelset

OCTOBER 13, 2022

To help your business remain viable, contractor’s insurance should be a crucial part of your financial strategy. Insurance also puts other parties’ minds at ease when they want to hire you as a specialty contractor. A certificate of insurance (COI) is a valid form used to prove that you carry the appropriate insurance policy.

Insurance 52

Insurance Certification Contractors Liability 52

Wolgast Corporation

JANUARY 12, 2023

In 2012, to expand our building expertise, we started a Restoration Division to restore commercial buildings and residences effected by flood, fire, wind, or impact.

Commercial 84

Commercial Construction Retail Michigan 84

Construction Business Owner

JANUARY 15, 2017

Currently, the construction insurance marketplace, excluding health insurance, proves to be a favorable environment for the insurance buyer.

Risk 208

Risk Insurance Negotiation Commercial 208

Construction Business Owner

SEPTEMBER 27, 2013

Setting aside the complexity of modern construction, multiple tiers of contractors and suppliers are involved in a typical commercial or residential project and, despite their best efforts, they may interfere to damage the work of other trades or otherwise install defective work on a project.'

Insurance 153

Insurance Liability Residential Commercial 153

Construction Business Owner

NOVEMBER 10, 2015

In 2015, construction is projected to bounce back to a growth rate of 13 percent in commercial construction and 8 percent in residential construction, according to the FMI Second Quarter Report.

Insurance 120

Insurance Residential Commercial Contractors 120

Construction Business Owner

MARCH 24, 2016

Multifamily housing, as well as commercial and institutional building, will expect to benefit from this surge, according to Dodge Data & Analytics. . According to the American Institute of Architects (AIA), nonresidential building spending in 2015 was close to $360 billion, with forecasts estimating this number to hit $390 in 2016.

Insurance 120

Insurance Forecasting AIA Estimating 120

HardHatChat

OCTOBER 18, 2016

Behind-the-scenes team members – such as Englewood Construction’s CFO, Mary Davolt, who was recently honored as a CFO of the year by the Daily Herald – play a critical role in the success of a commercial construction firm. Recently our CFO, Mary Davolt, was honored as a CFO of the Year by suburban Chicago’s Daily Herald newspaper.

Commercial 120

Commercial Safety Construction Project Management 120

NH Construction Law

JULY 26, 2020

“May unintentionally faulty subcontractor work that damages an insured’s work product constitute an ‘accident’ under a commercial general liability insurance policy?” The Michigan Supreme Court disagreed, interpreting “accident” as broader than “fortuity.” 2d 871, 880 (Fla.

Insurance 40

Insurance Liability Accidents Michigan 40

Green Industry Professionals

MARCH 28, 2019

The insurance program provides coverage on general liability, commercial auto, property, inland marine and crime.

Insurance 40

Insurance Liability Commercial 40

Construction Business Owner

JANUARY 12, 2017

Currently, the construction insurance marketplace, excluding health insurance, proves to be a favorable environment for the insurance buyer.

Risk 120

Risk Insurance Negotiation Commercial 120

Construction Specifier

OCTOBER 9, 2023

In 2018 (latest data available), insurance companies paid nearly $1 billion in lightning-related claims to some 78,000 policy holders, according to the Lightning Protection Institute (LPI). In addition, approximately 3 to 5 percent of all commercial insurance claims involve lightning, which is a reliably preventable issue.

Insurance 62

Insurance Claims Commercial Electrical 62

Construction Dive

JUNE 25, 2019

It's important for contractors to know what their insurance policies cover and, in the case of commercial general liability, what they don't cover.

Liability 127

Liability DOT Insurance Commercial 127

Construction Equipment

AUGUST 26, 2014

"The AGC Alternative," the first-of-its-kind, nationwide private insurance exchange to serve the commercial construction industry, began offering firms belonging to the Associated General Contractors of America (AGC) quotes Aug. 25, AGC officials announced.'

AGC 48

AGC Insurance America Commercial 48

Construction Dive

AUGUST 28, 2013

The court also rejected the common insurance company arguments that a CGL policy is not a performance bond and that such a policy only covers tort claims, never contract claims.

Liability 52

Liability Insurance Commercial Claims 52

Construction Dive

MARCH 19, 2014

Thus, “Other Insurance” clauses only can govern the later division of responsibility between those insurers for the cost of defending the insured. They cannot be used against an insured to deny a tender of defense. Read more.'

Insurance 48

Insurance Defense Liability Claims 48

Green Building Law Update

APRIL 4, 2021

The financial value of green buildings is well documented, from commanding higher rents, greater occupancy rates, and increased occupant satisfaction, to lower operating costs for everything from reduced insurance premiums and less energy utilized, easily resulting in an increased return on investment of more than 9% over conventional building.

Green 293

Green Debt Security Commercial 293

Construction Dive

SEPTEMBER 24, 2013

2013), holding that the Care, Custody & Control, Performing Operations Exclusion, and Incorrectly Performed Work Exclusion eliminate commercial general liability (CGL) policy coverage for property damage to an insured contractor’s own work and stored building materials during its ongoing operations. 2d 402 (S.D. Read more.'

Insurance 56

Insurance South Dakota Liability Commercial 56

Construction Marketing

NOVEMBER 15, 2022

Though house prices have been steadily rising, the demand for residential and commercial property from both local and international investors continues to surge as well. You should also know which materials are ideal for building commercial properties that attract your target customers. Conduct Market Research.

Income 156

Income Commercial Feasibility Residential 156