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#109:  Liability Insurers' Duty to Defend

NH Construction Law

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.

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Travelers Insurance Wants to Pay You to Use Procore

Construction Junkie

Well, now at least one insurance company believes that, as well. I’ve admittedly been focused mainly on the productivity gains from using technology, but getting a discount from an insurance company to use it is an interesting side effect. Announced today, The Travelers Companies, Inc.

ProCore 83
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Dissecting code language updates to lightning protection systems

Construction Specifier

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.

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A journey through masonry reclad litigation

BD+C

This timing comes into play with investigation, inspection, and claim notices, and for getting claims on file—both in court and in arbitration. The design documents provided design details, building code, industry standards, and material requirements.

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What is Experience Modification Rate (EMR), and How Does it Impact Prequalification?

Safety Services Company

Insurance companies use the number to assess the cost of injuries and future risks. Your company has filed one or more workers’ compensation claims. When this happens, your insurer raises your insurance premium to mitigate risk. you will pay about 20% more for insurance. If that number spikes, the reason is simple.

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Top 10 States for Homeowners

Pro Builder

Claiming the top spot is the state of Wyoming. In 2018, the home value to income ratio was 2.64, the second-lowest in our study. Indiana additionally ranks well for its low property taxes, closing costs and homeowners insurance. Only two, Wisconsin and Indiana, hail from the midwest. Did your state make the list?

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Report reveals industry unprepared for growing pressures

Construction Law

Some interesting insights on the state of the industry and its contractual relationships emerge from the RIBA Construction Contracts and Law report (see News), the first since 2018. This was a smaller number than the 2018 survey, but almost half felt that disputes had risen in the past year.