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Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

Medical expenses, property damage, and legal defense costs can grow quickly. An uninsured business would likely not have the financial resources to pay a large legal settlement. It’s worth exploring when you consider how quickly legal, medical, and property damage expenses can mount— separately or in total. . Cyber insurance.

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Seven Traits of Profitable Specialty Contractors

Fieldwire

This might include current hardware and software for project management and accounting, mobile devices for communication, and sensors to monitor equipment performance and usage. Legal experts often cite communication problems as the root cause of many construction disputes. Clear Communication. Consistent Contracting Practices.

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#107:  "Prevailing Party" Attorneys' Fees Provisions

NH Construction Law

In New Hampshire, attorneys’ fee awards take into account “ the amount involved , the nature, novelty, and difficulty of the litigation, the attorney’s standing and the skill employed, the time devoted, the customary fees in the area, the extent to which the attorney prevailed , and the benefit thereby bestowed on his clients.”

Claims 40
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Construction Law in North Carolina: Effective communications

Construction Marketing Ideas

Endeavor to be boring rather than funny in all of your online accounts. I can’t say how much I agree with Melissa’s observations here — and the vital importance that brief emails can have in creating (or settling) messy legal situations. We’ve all done it. Sent inappropriate emails.

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25 HR Compliance Terms to Know for 2018

Green Building Law Update

Intended to remedy the effects of past discrimination or underutilization of women and minorities. Social Media Policy Compliance: A corporate code of conduct that sets forth a company’s prescribed practices for employees who post company-related content on social media platforms, whether through company or private accounts.

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Professional Liability Insurance Explained

Levelset

In that case, professional liability insurance would generally provide the plumber with reimbursement for legal fees, settlements, and judgments. Insurance covering errors and omissions exists for professionals in nearly every field—from accountants and lawyers to doctors and electricians. Who needs professional liability coverage?

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Errors and Omissions (E&O) Insurance Explained for Construction?

Levelset

While E&O is not usually a legal requirement, many construction professionals take out an E&O policy to protect themselves against potentially devastating financial losses resulting from negligence. A construction contract creates a legal responsibility for the contractor to fulfill certain obligations to another party.