BD+C
OCTOBER 16, 2017
The updated AIA 2017 project contract documents include a new, comprehensive insurance exhibit that will allow for easier, more frequent updates as conditions in the insurance market change.
Construction Business Owner
MARCH 24, 2016
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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Constructlaw
FEBRUARY 7, 2023
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. Myers Construction Corp., 3d 500 (La.
Best Practices Construction Law
AUGUST 12, 2014
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.
ENR Construction
AUGUST 16, 2017
In revising its standard form agreements, AIA calls out as optional additional coverage that could be added to builders' risk policies.
NH Construction Law
AUGUST 31, 2023
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.
PSMJ Resources
AUGUST 3, 2011
XL Insurance Enters Collaborative Agreement With PSMJ Resources, Inc. XL Insurance’s Design Professional group, specializing in professional liability insurance for architects and engineers and a part of the global underwriting operations of XL Group (NYSE: XL), and PSMJ, Resources, Inc., skip to main | skip to sidebar.
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