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

Construction Dive

NOVEMBER 26, 2018

Every business, small or large, that embarks on a construction project needs builder's risk insurance because it typically covers things that property and liability policies don't, legal experts say.

Risk 126

Risk Liability Insurance Legal 126

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 6, 2022

An insurance policy rarely meets every contractor’s needs out of the box. One of the most common endorsements you’ll likely encounter involves additional insured (AI) parties. While it may sound unusual, adding additional insureds is common and extends benefits both to you as a policyholder – and the party being named on the policy.

Insurance 52

Insurance Liability Construction Contract 52

Levelset

AUGUST 26, 2022

When working in construction, your insurance policy gets issued as a fairly standard contract. 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. .

Insurance 52

Insurance Liability Equipment Agreement 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

BD+C

SEPTEMBER 13, 2013

Worries about legal liability have long dogged the sustainable building movement, but insurance expert Karen Erger (Locton Companies) and attorney Eric Singer (Ice Miller LLP) say sustainability lawsuits are caused by the same types of issues that have always prompted clients to sue AEC firms. read more.

Liability 72

Liability Risk Insurance Green 72

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

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

Construction Marketing

SEPTEMBER 24, 2015

Insurance is perhaps the most important thing to arrange before starting a construction company. There are many different types of insurance in the United Kingdom. A construction business needs need public liability insurance , and employers’ liability insurance if you employ staff. Legal Documents.

Documentation 120

Documentation Insurance Legal Liability 120

Safety Services Company

OCTOBER 16, 2023

Avoiding Legal Issues Hiring clients hire a licensed contractor to save themselves from legal liabilities and low-quality work. In that case, the responsibility of dealing with workplace accidents or unsafe job sites will fall upon them, causing legal issues.

Management 110

Management Contractors Safety OSHA 110

Construction Law

MARCH 1, 2024

News Our regular news round up includes a call from insurance companies for pilot projects to find investment models for green infrastructure; failure of another legal challenge to the Stonehenge project; and a warning that the new Building Safety Regulator is looking for a high profile prosecution to make a point.

Insurance 40

Insurance Claims Safety Legal 40

Construction Law

APRIL 2, 2024

The government’s own net zero carbon targets are at risk if the speed of delivery of investments isn’t increased. Legal terms explained Kyle Melville of Herbert Smith Freehills LLP explains what is meant by Scott Schedules. Guest editor Retentions – time to say goodbye?

Construction 52

Construction Liability Risk Contract 52

Levelset

SEPTEMBER 16, 2022

If a contractor’s work fails after a project is complete, completed operations insurance can help cover some of the expenses. It is sold as an extension to your general liability insurance policy and may be required by the state you work in or the project owner. What is completed operations insurance? not in progress).

Insurance 52

Insurance Liability Claims Contractors 52

Construction Law

MAY 2, 2024

News Our regular news round up includes a survey saying collaboration is on the rise; Network Rail promises a partnering approach in its new framework; and a warning that carbon reduction policy risks legal challenge. Legal terms explained Isabella Salame of Herbert Smith Freehills LLP explains what is meant by non-delegable duties.

Construction 52

Construction Legal Cash Flow Insurance 52

Construction Marketing

JULY 11, 2022

Surety bonds are financial guarantees that are issued to ensure the individual or company who obtains the bond will perform work in a legally compliant manner and will avoid fraud and misconduct. Surety – The bonding company that guarantees the principal’s ethical operations and legal compliance by issuing the bond.

Contractors 156

Contractors Legal Bidding Contract 156

Pro Builder

JULY 27, 2020

What Are the Legal Safeguards for Getting Back to Work? As builders and trade contractors start to get back on track following the impact of COVID-19 and its restrictions, there are legal concerns to consider. Failing to handle absence requests properly could expose employers to liability under those laws. .

Legal 59

Legal OSHA Employment Liability 59

Construction Law

FEBRUARY 2, 2024

Legal terms explained David Nitek and Noe Minamikata of Herbert Smith Freehills LLP explain what is meant by ‘hot-tubbing’. Insurance Contracts Works policies Insurance expert John D Wright of JD Risk Associates examines issues arising from Contracts Works Insurance policies.

Construction 52

Construction Insurance Procurement Drafting 52

Constructlaw

FEBRUARY 7, 2023

Fire broke out, resulting in a loss that was paid by the owner’s builder’s risk insurance. The builder’s risk carriers — subrogated to the rights of the owner — then sued the prime contractor, its subcontractor, and sub-subcontractor for negligence. This case involved the restoration of an old building in New Orleans.

Louisiana 52

Louisiana AIA Insurance Contract 52

Best Practices Construction Law

JULY 29, 2015

There are multiple types of insurance coverage for the various risks on a construction project. However, when there are multiple insurance carriers covering the same risk (i.e., However, when there are multiple insurance carriers covering the same risk (i.e., In a recent case, Cincinnati Insurance Co.

Insurance 48

Insurance Liability Claims Electrical 48

Green Building Law Update

DECEMBER 1, 2011

I will also be participating in an upcoming green building legal webinar with the ABA Fidelity and Surety Law Committee. Entitled Keys to Managing Green Construction Risks, Liability and Litigation , this program will focus on the key concerns and solutions to the ever changing green construction culture.

Green 159

Green Liability Legal Risk 159

Construction Law

DECEMBER 2, 2022

Eventually government will have to get involved in producing methods of measuring emissions that can stand up to intense scrutiny – which is increasingly to be expected from worried project funders and insurance companies. Those projects failing to meet these criteria may struggle to access financing.

Claims 52

Claims Risk Infrastructure Finance 52

Construction Law Monitor

JANUARY 12, 2012

More and more in my everyday practice I encounter issues with contractor general liability insurance (GL). Next, the most important and most often overlooked aspect is notifying the insurer when trouble starts. If you ever have a lawsuit filed against you put the insurer on notice immediately!

Insurance 64

Insurance Contractors Claims Legal 64

Construction and Infrastructure Law

JANUARY 9, 2020

A standard or canned indemnification clause might work to undo all of the effort that has gone into properly allocating risk. Any party who could face potential liability should be included as an indemnified party. In many instances, a clause can be drafted to protect against claims asserted as well as an ultimate finding of liability.

Liability 90

Liability Agreement Drafting Insurance 90

Levelset

SEPTEMBER 7, 2022

Professional liability insurance provides contractors coverage from financial losses that happen as a result of their errors, mistakes, or negligence. In that case, professional liability insurance would generally provide the plumber with reimbursement for legal fees, settlements, and judgments.

Liability 52

Liability Insurance Injury Contract 52

Construction and Infrastructure Law

JANUARY 9, 2020

A standard or canned indemnification clause might work to undo all of the effort that has gone into properly allocating risk. Any party who could face potential liability should be included as an indemnified party. In many instances, a clause can be drafted to protect against claims asserted as well as an ultimate finding of liability.

Liability 52

Liability Agreement Drafting Insurance 52

Construction Business Owner

APRIL 5, 2012

INSURANCE |. Green Construction & Construction Software » The Business of Construction Risk Management. With every project, no matter how big or small, there is always risk – risk of injury, financial responsibility, or quality assurance. This, after all, is the foundation of the insurance industry.

Risk 120

Risk Insurance Construction Software 120

Construction Lawyer

MAY 30, 2012

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. Sabo & Zahn LLC is an Illinois Limited Liability Company. The information provided here is not intended to be a solicitation for legal services, nor does it constitute legal advice. A Legally Inclined Weblog. >.

Liability 40

Liability Contractors Design Minnesota 40

Construction Law

JUNE 5, 2023

The legally binding Developer Remediation Contract (DRC) has been offered to developers to sign by the government, committing them to reimburse money spent from public funds to make some of their buildings safe. Issues that will arise will concern limitation, liability caps, insurance and insolvent parties.

Contract 52

Contract Safety Liability Insurance 52

Chianelli Estimating

AUGUST 6, 2020

The result is higher costs to complete projects.Other considerations will be the impact it will have on OSHA standards and Insurance Company costs. Insurances; Workers compensation, General Liability, Risk. Legal expense. Some projects may be subject to local Health Department Standards as well. Office personnel.

Estimating 60

Estimating Residential Insurance Commercial 60

Green Building Law Update

MAY 24, 2020

Over time coronavirus pandemic exposure claims may result in a new emergent subset of premises liability law, but in most instances it is presumed that body of existing law will control. All of this begs the question if a business owner’s premises liability insurance covers such claims?

Liability 177

Liability Commercial Claims Insurance 177

Construction Lawyer

MAY 20, 2009

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. Sabo & Zahn LLC is an Illinois Limited Liability Company. The information provided here is not intended to be a solicitation for legal services, nor does it constitute legal advice. A Legally Inclined Weblog. >.

Liability 40

Liability Green Design Illinois 40

Construction Business Owner

DECEMBER 6, 2011

INSURANCE |. In running a business, there must always be a certain amount of risk that you’re willing to take. Risk is healthy; it keeps things fresh and gives you the opportunity to evolve. I took a risk in 2005 and dressed up as Superman for a marketing campaign. Or you could take a risk in offering a new product.

Construction 195

Construction Software Software Accounting 195

Construction Marketing Ideas

FEBRUARY 14, 2015

Then there’s the deeply infomative and serious stuff, including, for example, a column: Three risk factors of IPD (Integrated Project Delivery). This is undeniably an important topic — and, while I’ve seen articles extolling IPD’s virtues, I haven’t seen as many looking into the challenges and risks.

ProCore 48

ProCore IDEA Resource Liability 48

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

NH Construction Law

NOVEMBER 24, 2023

The New Hampshire Supreme Court implicitly assumed applicability of the statute of limitations to arbitration proceedings in Metropolitan Property and Liability Insurance Co. ” Without some such contract language, parties are at risk that their arbitration might never be time-barred. .” . § 1 et seq. ,

New Hampshire 40

New Hampshire North Carolina Claims Ohio 40

Construction Lawyer

NOVEMBER 11, 2007

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. Sabo & Zahn LLC is an Illinois Limited Liability Company. The information provided here is not intended to be a solicitation for legal services, nor does it constitute legal advice. A Legally Inclined Weblog. >.

Liability 40

Liability AIA Documentation Illinois 40