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How to Prepare for Unexpected Risk Exposure

Construction Business Owner

Mon, 09/20/2021 - 07:30. 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.

Risk 357
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Defining Diligence & Scope of Work

Construction Business Owner

Fri, 10/22/2021 - 13:35. The errors and/or omissions related to engineering and architectural designs, land surveys, construction management and technical consulting are just a few of the areas where problems can lead to significant professional liability issues. Defining Diligence & Scope of Work. Alex Headley.

Miami 318
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Your Claim Has Been Denied

Construction Business Owner

Fri, 07/23/2021 - 09:30. If your construction business has suffered a financial loss due to damage, accident, crime or liability, the last thing you want to hear is that your claim is. Your Claim Has Been Denied. Alex Headley. not covered.

Claims 318
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What Home Builders Should Know About Liability Insurance

Pro Builder

What Home Builders Should Know About Liability Insurance. Thu, 02/04/2021 - 12:41. cbroderick. Beck dives into the details on how insurance companies are changing their coverages and how builders can protect themselves through these ever-changing times.

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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. 2021) (“a duty to defend terminates upon final adjudication or settlement of the insurable part of the underlying lawsuit or settlement”). 3d 97, 108 (D.

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#116:  Termination as a Condition of Performance Bond Liability

NH Construction Law

Conversely, not terminating also forgoes the protection of the bond – if termination is an enforceable condition of the surety’s liability. Wrongful termination will not only be a breach of contract giving the principal a claim for damages against the obligee, but it will forfeit the protection of the bond. In Arch Insurance Co.

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Best Practices for Safe Scaffolding on the Jobsite

Pro Builder

Fri, 12/17/2021 - 09:49. These insider tips can protect workers and reduce liability. Best Practices for Safe Scaffolding on the Jobsite. On Horizon TV this week: IBACOS' John Koenig outlines basic best practices for safe scaffolding on the jobsite, from proper guardrails to toe-boards. Watch the full classic interview below.