Levelset

AUGUST 24, 2022

Construction businesses need many different types of insurance to mitigate the risks associated with building projects. Two of the most common insurance policies that contractors have are builder’s risk and general liability, which serve very different purposes. What is builder’s risk insurance?

Liability 52

Liability Risk Insurance Contractors 52

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

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? Not all accidents that happen on jobs are large-scale and catastrophic.

Insurance 52

Insurance Liability Electrical Accidents 52

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 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

Best Practices Construction Law

SEPTEMBER 22, 2020

You probably saw last month’s report about a major accident at a construction site in downtown Miami, Florida. This is a good reminder of the lessons to learn when investigating or handling an accident on a construction site. These include: Prepare before the accident. Act diligently when an accident occurs.

Accidents 62

Accidents Site OSHA Miami 62

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. HVAC contractor insurance is the primary way to help protect your financial interest if things go wrong on the job.

Insurance 52

Insurance Contractors Liability Accidents 52

Wolgast Corporation

JULY 6, 2022

Members include architects, risk managers, parking specialists, lawyers, and perimeter safety professionals. The main cause of these accidents are operator error, happening 20% of the time. The emergency response report is also useful in your insurance claim for timing and dates.

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Insurance Claims Safety Michigan 107

Construction Business Owner

JUNE 17, 2015

The contractor said, "There's been an accident; two of our workers are dead." Finally, his insurance broker would mobilize its claims, safety and risk management personnel to assist after these men prematurely lost their lives.

Safety 120

Safety Accidents OSHA Zoning 120

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

Levelset

SEPTEMBER 12, 2022

” You may already have an insurance policy that offers coverage for business property and general liability. An installation floater is a form of insurance coverage that protects the value of building materials that will become a permanent part of a commercial or residential structure. Who needs installation floater insurance?

Insurance 52

Insurance Liability Risk Materials 52

Safety Services Company

DECEMBER 1, 2020

OSHA tracks this information with the goal of preventing accidents in the future. 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. it means the company has had to pay for one or more worker compensation claims.

OSHA 62

OSHA Accidents Injury Compensation 62

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. Business Plan. Legal Documents.

Documentation 120

Documentation Insurance Legal Liability 120

Levelset

NOVEMBER 10, 2022

In this article, we’ll explore the most common jobsite safety risks — and what contractors can do to improve safety for all parties involved. . Common jobsite safety risks. Risks to employees are a top priority for contractors, and threats to health and safety aren’t the only cause for concern. Work with your insurance provider.

Safety 52

Safety Site Injury Construction 52

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. Here’s an overview of eight of the top safety and health hazards in construction — and some preventive measures you can take to avoid these risks. . Struck-by accidents. Electrocution.

Safety 52

Safety Injury Risk Construction 52

Pro Builder

AUGUST 5, 2022

Cannabis and the Jobsite: Keeping Your Risk to a Minimum. Falls, alone, account for up to 70% of construction-related injuries and deaths, according to Dr. Dong Zhao of Michigan State University, who has been analyzing BLS data to determine why construction accidents keep happening and to discover or refine preventive measures.

Safety 72

Safety Resource Injury Construction 72

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. Indemnification clauses are arguably the most important part of an agreement when an accident or dispute arises on a project. An indemnity clause is often only worth as much as the underlying insurance coverage.

Liability 90

Liability Agreement Drafting Insurance 90

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. Indemnification clauses are arguably the most important part of an agreement when an accident or dispute arises on a project. An indemnity clause is often only worth as much as the underlying insurance coverage.

Liability 52

Liability Agreement Drafting Insurance 52

Construction Lawyer

MAY 30, 2012

In other words, you use the stuff we post here at your own risk. After the accident, the State of Minnesota passed an ordinance providing that the State may recover from its contractors any payments made by the State to bridge collapse victims to the extent that the contractor caused or contributed to the collapse. Categories.

Liability 40

Liability Contractors Design Minnesota 40

Construction Lawyer

MAY 13, 2009

In other words, you use the stuff we post here at your own risk. 8-40575 (May 6, 2009), has held that the surviving spouse and children of a worker killed in an accident were bound by the decedent's employment agreement that contained an arbitration provision. The laws of each state are different and each situation is unique.

Illinois 40

Illinois AIA Chicago Agreement 40

Buisness Facilities Contributed Content

APRIL 15, 2014

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. The exceptions are for financial institutions, financial institution groups, and insurance companies that have a maximum business privilege tax of $3,000,000.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. The program is capped at 10,000 new jobs being claimed each year by all participants; whereas a taxpayer is limited to a maximum of 400 new jobs per year.

Income 75

Income Finance Zoning Equipment 75

Construction Lawyer

JUNE 24, 2005

In other words, you use the stuff we post here at your own risk. in a recent California Case , the appellate court reversed summary judgment in favor of a law firm and allowed an expert to proceed with an equitable contribution claim against the law firm that hired him. In the underlying action, a forklift accident killed the decedent.

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California Illinois AIA Chicago 40