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Rising Construction Costs Lead to Higher Risks

Construction Business Owner

These cost escalations can directly correlate to higher insurance premiums, reduced risk appetite from insurance carriers, and a lack of policy extensions for project policies. However, in the face of rising costs and shifting risk landscapes, these insurance options are becoming increasingly complex to navigate.

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Project Protection 101: Exclusive Insights for Cost Challenges

Construction Business Owner

What many might not know, is that these cost escalations can correlate directly to higher insurance premiums and reduce risk appetite from insurance carriers making it harder to get coverage.

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Construction Insurance Rates Predicted To Increase

Construction Law Monitor

According to a recent Press Release from Marsh , a leader in insurance broking and risk management, construction firms across the U.S. Insurance rates have been declining for close to a decade, but rates are forecasted to increase between 8 and 10 percent. Being insured is a major expense in all construction companies.

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Direct Contractors In California Should Take Steps Now To Reduce Exposure For Unpaid Wages By Subcontractors

Construction and Infrastructure Law

Instead, only three groups have the right to sue directly: the Labor Commissioner; a joint labor-management cooperation committee (29 U.S.C. Nevertheless, critics of the bill anticipate that it will ultimately increase building costs, and will only exacerbate the current shortage of affordable housing in California. Section 2810.3

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California Increases Enforcement of Roofing Safety Standards

Safety Services Company

The California Department of Industrial Relations (DIR) has announced the launch of the Roofing Compliance Working Group (RCWG) to increase the enforcement of safety and labor law standards in the industry. RCWG is a collaboration of state and local agencies as well as labor and management.

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California Health Care Firm Moving Headquarters To Carmel, IN

Buisness Facilities Contributed Content

Launched in California more than 25 years ago, ASH provides specialty health care management, population health and fitness and exercise programs for health plans, insurance carriers, employer groups and trust funds. The post California Health Care Firm Moving Headquarters To Carmel, IN appeared first on Business Facilities.

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Commercial Construction Strategies: Flagship Stores to Footprint Expansion

HardHatChat

Bringing the general contractor in as early as possible and negotiating with them to manage these challenges for you will ensure a smooth and successful project. Typically, ownership at a multi-use property will set hours for construction work based on peak hours and what’s going on in the building at different times of day.