Levelset

AUGUST 31, 2022

They offer a full range of business insurance policies, including general liability, commercial auto, workers’ compensation, and umbrella. And they offer risk specialists to help your business minimize losses. Policies offered include general and professional liability, workers’ compensation, commercial auto, and tools and equipment.

Insurance 52

Insurance Liability Compensation Construction 52

Best Practices Construction Law

OCTOBER 14, 2015

The issue therefore raises the question of whether the use of new technologies, such as inspection by drones, present a risk or a reward? As a construction attorney, I think the answer is: both risk and reward. This has become more useful when dealing with claims regarding delays and construction defects.

Risk 48

Risk Inspections Claims Construction 48

Best Practices Construction Law

JANUARY 22, 2018

the Court of Appeals of Mississippi recently held that the PAID IN FULL principle—or what lawyers know as accord and satisfaction —barred a contractor’s claim for additional payment. In Triangle Construction , the court held that the contractor’s claims against the engineer were barred by the doctrine of accord and satisfaction.

Claims 83

Claims Mississippi Legal Compensation 83

Levelset

SEPTEMBER 23, 2022

General contractors know these risks when they take the role. However, the types of policies and their limits (the maximum amount claims can pay out) are limited. However, with the amount of risk involved in a standard construction project, general contractors typically need to hold multiple policies. Builder’s risk insurance.

Insurance 52

Insurance Liability Accidents Risk 52

Levelset

OCTOBER 14, 2022

A plumbing contractor’s insurance policy covers claims for property damage, but it may also help defend against lawsuits resulting from a work-related incident. In this respect, general liability insurance or workers’ compensation could help cover those costs if an incident should occur. . How do I get plumbing insurance?

Insurance 52

Insurance Liability Injury Compensation 52

Levelset

MAY 23, 2022

As a contractor, you may have realized that taking care of every detail will not be enough as there are always going to be risks associated with your work. Whether it’s the risk of an unexpected accident or a project running over schedule and costing you money, there are many things that can go wrong.

Insurance 97

Insurance Contractors Construction Claims 97

Construction Marketing

JUNE 20, 2022

Whoever is responsible for breaching their duty of care should compensate for the injuries. Incorrect stacking of materials puts them at risk of toppling over. . Ways To Minimize Risk For Falling Debris Injuries. Some of the ways to minimize the risk include the following: .

Site 156

Site Injury Construction Safety 156

Levelset

SEPTEMBER 8, 2022

When it comes to protecting your contracting business from claims and lawsuits, it can be tough to know what type of insurance you should purchase. Liability insurance protects your business against claims for damages caused by you and your workers, if you have any. What are general liability and professional liability insurance?

Liability 52

Liability Insurance Claims Legal 52

Levelset

SEPTEMBER 14, 2022

Let’s take a look a subcontractor insurance: when it’s needed, what happens if a sub goes uninsured, and what policies subs can use to protect their businesses from risk. Subcontractor business liability insurance should be retained since a catastrophic claim could bankrupt most all painting contractors.

Insurance 98

Insurance Liability Claims Injury 98

Levelset

SEPTEMBER 22, 2022

By the same token, many potential situations pose risk to the health and safety of your employees and others working on the jobsite. Here’s an overview of eight of the top safety and health hazards in construction — and some preventive measures you can take to avoid these risks. . of all deaths in the construction industry. .

Safety 52

Safety Injury Risk Construction 52

Job Order Contracting

AUGUST 31, 2021

Traditional contracting methods typically involve the non-owner participants tendering a lump-sum price based on the owner’s proposed allocation of responsibilities and risks.

Construction 124

Construction Procurement Liability Contract 124

Best Practices Construction Law

MAY 21, 2012

This type of report will usually prove insufficient to support a request for additional compensation or change order claim. Admittedly, contractors can claim success when they devise a system that provides detailed reporting on days problems occur. Include work categories and/or cost codes.

Claims 48

Claims Estimating Construction Change Orders 48

Safety Services Company

OCTOBER 9, 2017

Your EMR is the number insurance carriers look at when determining what you’ll pay for a Workers’ Compensation premium. It reflects your company’s past injury and illness incidents and lets the insurance carrier calculate future risk. depending on a variety of factors used to determine risk. See the difference it can make?

Compensation 48

Compensation Insurance Injury Risk 48

Safety Services Company

DECEMBER 1, 2020

Experience Modification Rate or EMR is the number used by insurance companies to measure the cost of injuries in the past and the predication of future accidents or risk of a company. The lower the EMR of a business, the lower their worker compensation insurance premiums will be. An EMR of 1.0 is considered the industry average.

OSHA 62

OSHA Accidents Injury Compensation 62

Contractor Magazine

SEPTEMBER 6, 2012

Home > Management > Best Practices > Limbach wins workers comp risk management award. Limbach wins workers comp risk management award. Related Articles Limbach wins workers comp risk management award. Project Management. Advertisement. ); //. Comments 0. ” Advertisement. ); //. Discuss this Article 0.

Risk 54

Risk Management Compensation Contractors 54

Best Practices Construction Law

NOVEMBER 2, 2012

Over my legal career, I have handled a significant amount of workers' compensation disputes, representing injured employees, defending employers and insurance carriers, and even a few years working for an appellate judge that addressed workers' compensation appeals. The National Council on Compensation Insurance, Inc.

Compensation 48

Compensation Insurance Claims Employment 48

Construction Junkie

DECEMBER 10, 2020

Historically, it has been pretty difficult to track who enters a construction site or building and when, which can pose a safety and health risk to your jobsite, especially during a global pandemic. This makes it extremely easy to determine who may have come into contact with that person, helping to reduce the risk of spreading it further.

Site 79

Site Accounting Compensation Union 79

Green Building Law Update

FEBRUARY 12, 2014

Insurance companies cannot recover environmental cleanup costs paid to their insured under the federal Comprehensive Environmental Response, Compensation and Liability Act, commonly known as Superfund, from another Potentially Responsible Party ( unless their insured had first pursued a separate claim to recover the cleanup costs from that PRP).

Insurance 120

Insurance Liability Legal Claims 120

Autodesk Construction Cloud

FEBRUARY 25, 2022

For another, work delays from 2021 are likely to impact the risk of subcontractor default in 2022 and beyond. . The following standard financial ratios can help risk management teams evaluate potential trade partners during the subcontractor qualification process. Formula: Net Income / Total Revenue . SAFETY RATES & METRICS .

Safety 94

Safety Debt Liability Equity 94

Best Practices Construction Law

JUNE 15, 2016

When you deal with construction claims, many believe that the largest component of any request for additional compensation is generally labor costs. A compensable loss in terms of labor productivity happens when the contractor uses more hours to complete a given unit of work than it would have used absent the intervening cause.

Products 48

Products Compensation Claims Schedule 48

Levelset

OCTOBER 20, 2022

Umbrella or excess insurance : The standard level of GL in a business owner’s policy may not be enough to meet a job’s contractual requirements — in which case you may want to look at an umbrella or excess liability policy that may extend your coverage for larger claims. This additional protection could increase your premium rates.

Insurance 52

Insurance Liability Electrical Accidents 52

Green Building Law Update

JANUARY 19, 2020

The Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA, commonly referred to as Superfund), 42 U.S.C. Buried in the more than 800 page Consolidated Appropriations Act signed on March 23, 2018 was Division N, the ‘‘Brownfields Utilization, Investment, and Local Development Act of 2018’’ (the BUILD Act).

Liability 156

Liability Leases Defense Commercial 156

Levelset

OCTOBER 13, 2022

A COI may include a waiver of subrogation endorsement that basically asks your insurance company to pay an insurance claim, while giving up the ability to recover (or subrogate) damages from the party that actually caused the problem. This is because the nature of the specialty contractor relationship adds additional risk to the equation.

Insurance 52

Insurance Certification Contractors Liability 52

Green Building Law Update

AUGUST 30, 2020

The Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA, commonly referred to as Superfund), 42 U.S.C. 9601 et seq., provides an important liability protection, including from cleanup costs, for parties who qualify as bona fide prospective purchasers (BFPPs).

Site 156

Site Liability Leases Defense 156

Best Practices Construction Law

JULY 29, 2015

There are multiple types of insurance coverage for the various risks on a construction project. However, when there are multiple insurance carriers covering the same risk (i.e., Ultimately, the court concluded that Insurance Company #2 had the duty to defend the claim. So What?

Insurance 48

Insurance Liability Claims Electrical 48

NH Construction Law

MARCH 24, 2018

.” Some contracts are even more limiting, expressly stating that if extra work is done without a signed change order, no additional compensation can be claimed. Should he suspend work, and risk being in breach? 659, 670 (2013), but not if the parties’ contract addresses the subject matter of the claim.

Change Orders 40

Change Orders Subcontracting Contract Claims 40

Constructlaw

DECEMBER 7, 2020

Reynolds: The COVID-19 pandemic’s impact on the global economy has led to an increase in breach of contract claims, and a parallel rise in novel breach of con­tract defenses focused on excuses for non-performance. Halprin: At the risk of stating the obvious, the pan­demic has had a tremendous impact on filings.

Claims 40

Claims Insurance Bankruptcy Legal 40

NH Construction Law

AUGUST 11, 2018

He couldn’t sue A&M due to the Workers’ Compensation Law’s exclusivity provision, but he could and did sue the GC and the owner, claiming that they owed him a duty to maintain a safe working environment. The New Hampshire Supreme Court disagreed.

Subcontracting 40

Subcontracting Safety Compensation Claims 40

Levelset

SEPTEMBER 20, 2022

Workers’ compensation insurance : If you have HVAC employees, this insurance helps cover lost income and/or medical expenses if one of your workers becomes sick or injured on the job. . If you currently have HVAC insurance, the carrier may also ask for a claims history related to your account. How do I get HVAC insurance?

Insurance 52

Insurance Contractors Liability Accidents 52

Levelset

SEPTEMBER 6, 2022

Among a number of other issues, insurance risk shifting is a concern for carriers. The policyholder will also have certain duties to perform if an insurance claim is incurred and reported. In addition, any other additional insured needs should be viewed as part of the company’s risk transfer program.

Insurance 52

Insurance Liability Construction Contract 52

Construction Law Monitor

OCTOBER 19, 2011

With insurance, risk is assigned to the insurance company that is protecting their customer. However, with a surety bond the risk remains with the principal – or the party purchasing the bond and the protection is for the obligee, or the person requiring the bond. Performance and payment bonds serve the same function.

Insurance 51

Insurance Compensation Claims Agreement 51

NH Construction Law

APRIL 26, 2018

Sometimes this unanticipated time/space compression is the owner’s fault, in which case the general contractor/construction manager and its subcontractors will likely be entitled to increased compensation by change order or otherwise -- and to a mechanic’s lien if that increase is not paid. But how is that sum calculated?

Lien 40

Lien Compensation Change Orders Subcontracting 40

NH Construction Law

MAY 28, 2018

Similarly, New Hampshire law provides that if a subcontractor doesn’t pay amounts owed to its employees under workers’ compensation laws, the general contractor must cover those as well. But hey, who ever said that general contracting was risk-free? RSA 275:46. RSA 281-A:18.

Subcontracting 40

Subcontracting New Hampshire Lien Insurance 40

Constructonomics

OCTOBER 3, 2010

While insurance policies are written with the understanding that some claims will be made, surety bonds are written to prevent fraud and other potential problems—with the intention of avoiding claims. Failure to abide by the restrictions mandated by each of these bonds allows a harmed or unpaid party to make a claim on the bond.

Contractors 140

Contractors Regulation Insurance Claims 140

Safety Services Company

OCTOBER 22, 2012

WorkSafe BC, Workers’ Compensation Board of British Columbia, has released information about the number and type animal attacks from 2005 to 2011. From 2005 to 2011, WorkSafe BC accepted: 13 claims, including 1 fatality, for injuries caused by direct contact between a bear and a worker.

Claims 48

Claims Injury Safety United States 48

Construction Law Monitor

SEPTEMBER 10, 2015

An indemnification clause obligates one party to compensate the other party for certain losses or damages resulting from third-party claims. This compensation is unrelated to other contractual obligations and damages. To avoid disagreements in the future, expectations should be set out from the very beginning. Indemnification.

Contract 40

Contract Construction Compensation Negotiation 40

Construction Law Monitor

SEPTEMBER 10, 2015

An indemnification clause obligates one party to compensate the other party for certain losses or damages resulting from third-party claims. This compensation is unrelated to other contractual obligations and damages. To avoid disagreements in the future, expectations should be set out from the very beginning. Indemnification.

Contract 40

Contract Construction Compensation Negotiation 40