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Additional Insured Endorsements & How They Work in Construction

Levelset

In short, an additional insured is typically another business entity or person who can be added to your business policy, securing the same liability protection that you do. An additional insured agreement allows a policyholder to extend their business insurance coverage to a specific third party. What is an additional insured?

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Insurance for Electricians: What It Covers & Why You May Need It

Levelset

You pay pennies on the dollar for coverage that could range into the millions for general liability (GL) insurance, for example. Below is a list of coverages that can be obtained through a separate policy or amendment to an existing agreement. . General liability may help pay for the cost of repair. . Protecting your property.

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What Is a Certificate of Insurance (COI) for Contractors — and When Do You Need One?

Levelset

If you’re bidding on contract work, you will likely need a COI per terms of a legal agreement. Aside from owners and GCs, a government entity may want to see proof of liability insurance. This party may want a COI to ensure they are protected from liability in the event of a product-related injury or accident.

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Tax Reform Impact on Employers and Employees

Revit OpEd

On December 15, 2017, Congressional Leaders announced that the conferees appointed by both the House and the Senate reached an agreement to reconcile differences between the House’s version of the Tax Cuts and Jobs Act (the “House Bill”) with the Senate’s version of the Tax Cuts and Jobs Act and unveiled the text of a final bill (the “Tax Bill”).

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15 Tips For Starting Your Own Roof and Guttering Business

Construction Marketing

Insurance, liability, and workers’ compensation . Limited liability company (LLC) . Protect your business by securing permits and licenses. You can also hire a lawyer to help you out with other legal requirements such as service agreements. Roofing equipment and materials. Labor costs. Utility bills.

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Deepwater Horizon: Three Years Later

Buisness Facilities Contributed Content

The five states that were impacted by the Deepwater Horizon disaster (including 665 miles of contaminated coastline), Gulf Coast business owners, the federal government and BP have spent the past three years dancing a slow legal tango that has assessed clean-up costs, fines and other liabilities. Environmental Protection Agency.

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WILG president talks workplace injuries

Safety Services Company

I would say the vast majority of my clients are very fearful of losing their jobs, even with a collective bargaining agreement in place. The unintended result was that injuries which were no longer covered by workers’ compensation, could now be adjudicated in a civil lawsuit. How is WILG addressing these challenges?

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