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Easy Steps for Achieving Competitive Insurance Rates

Construction Business Owner

According to the American Institute of Architects (AIA), nonresidential building spending in 2015 was close to $360 billion, with forecasts estimating this number to hit $390 in 2016. The 2016 Dodge Construction Outlook also recently predicted a 9 percent gain in this sector.

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Louisiana Court Enforces AIA Wavier of Subrogation to Preclude Carrier’s Recovery

Constructlaw

Myers Construction Corp., Fire broke out, resulting in a loss that was paid by the owner’s builder’s risk insurance. or other property insurance applicable to the Work, except such rights they have to proceeds of such insurance held by the Owner as fiduciary. 2700 Bohn Motor, LLC v. 3d 500 (La.

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AIA???s Updated Design-Build Documents Highlight Some Best Practices

Best Practices Construction Law

The American Institute of Architects (AIA) recently released seven updated documents in its design-build family. AIA Documents Overview. An AIA press release highlights the array of how AIA agreements seek to accommodate the various ways in which design build projects are delivered. Additional Changes.

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#128:  Waivers of Subrogation

NH Construction Law

Subrogation – the right of an insurer, upon paying an injured party’s damages arising out of a negligence claim, to chase the negligent party for reimbursement – is a staple of the law. And the insurer will have no say in the matter. Notice that this clause expressly addresses only property insurance.

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Will AIA's Revised Contract Options Prompt More Insurance Coverage?

ENR Construction

In revising its standard form agreements, AIA calls out as optional additional coverage that could be added to builders' risk policies.

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Fire-Rated Systems in Light-Frame Wood Construction

BD+C

Fire-Rated Systems in Light-Frame Wood Construction 1 kcichowicz Thu, 07/20/2023 - 09:38 Multifamily Housing Find guidance on designing and building some of the most cost-effective, code-compliant fire-rated construction systems. While “fireproof” is probably not attainable, fire-resistant construction is well within reach.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. The Best Time to Go Live is… » Why Construction-Specific Accounting Software Costs More than Generic Accounting Software. Construction Reporting. STRATEGY |.