Remove Accounting Remove Agreement Remove Injury Remove Insurance
article thumbnail

What Is an Insurance Endorsement? A Contractor’s Guide

Levelset

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. .

article thumbnail

7 Ways Construction Companies Can Keep Their Workers Safe

Construction Marketing

Statistics show that there are over 400 injuries and over 20 fatalities each year related to construction in Ontario alone. A majority of construction-related injuries occur due to a lack of proper personal protective equipment (PPE), such as helmets and gloves. Have a safety standards terms of the agreement (TOA).

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Construction Jobsite Safety: Strategies and Resources for Worker Well-Being

Pro Builder

Consider these elements of a training and awareness program to save lives, mitigate injuries, and reduce liability and costs . Scott Smith, corporate director of safety management services for Selective Insurance Group , a holding company for 10 property and casualty insurers, sees it more simply. Fri, 08/05/2022 - 07:00.

Safety 72
article thumbnail

Top OSHA Violations in Construction (2021)

Levelset

OSHA averages more than 30,000 inspections annually , including many unscheduled visits arising from employee complaints or injuries. According to BLS data, falls accounted for more than 1 in 3 jobsite fatalities in 2019. It accounts for more than twice as many citations and over 5 times the financial penalties of any other violation.

OSHA 52
article thumbnail

Unique Tips To Reduce Construction Company Start Up Stress

Contractor Bookkeeping

Use Credit Cards - And supplier accounts to finance your new business and be very careful about what you buy. Bookkeeping Service - That understands construction is best when you start because we can setup QuickBooks correctly in the beginning and take care of the accounting until you are ready to take over. You say O.K.

article thumbnail

New Illinois Law Affects Certain Settlements

Construction Lawyer

This law, Public Act 098-0548, codified at 735 ILCS 5/2-2301, applies to “personal injury, property damage, wrongful death, or tort action involving a claim for money damages.” Many construction cases involve either personal injury or property damage claims. insurance litigation news'

article thumbnail

Non-signatory bound by agreement to arbitrate

Construction Lawyer

The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. You are not our client and we are not your attorneys unless and until you enter into a written retainer agreement with us. So dont say we didnt warn you.