Levelset

APRIL 28, 2022

Construction is a risky business, with among the highest rates of failure of any industry. Subcontractor default insurance is one alternative to a surety bond that works to protect a contractor from the financial burden when one of their subcontractors defaults. Related: 16 types of insurance coverage for contractors.

Insurance 52

Insurance Contractors Claims ABC 52

Construction Marketing

JANUARY 6, 2023

Less than 25% of stolen construction materials are returned to the company. To prevent losses for your construction business, you need intimate knowledge of the latest security trends. Are you ready to equip your construction site with top-tier security solutions? RFID Tracking For Tools. Going Keyless.

Security 282

Security Site Mobility Construction 282

Levelset

APRIL 8, 2022

On projects like this, property owners typically count on an insurance claim to pay for the work – they may not have cash on hand to pay you out of pocket. Understanding a homeowner’s insurance policy – and what it covers – can be helpful when deciding to take on a project. Understanding homeowner insurance policies.

Insurance 52

Insurance Claims Agreement Lien 52

Levelset

APRIL 8, 2022

On projects like this, property owners typically count on an insurance claim to pay for the work – they may not have cash on hand to pay you out of pocket. Understanding a homeowner’s insurance policy – and what it covers – can be helpful when deciding to take on a project. Understanding homeowner insurance policies.

Insurance 52

Insurance Claims Agreement Lien 52

Construction Law

MARCH 1, 2024

News Our regular news round up includes a call from insurance companies for pilot projects to find investment models for green infrastructure; failure of another legal challenge to the Stonehenge project; and a warning that the new Building Safety Regulator is looking for a high profile prosecution to make a point.

Insurance 40

Insurance Claims Safety Legal 40

Levelset

OCTOBER 13, 2022

To help your business remain viable, contractor’s insurance should be a crucial part of your financial strategy. Insurance also puts other parties’ minds at ease when they want to hire you as a specialty contractor. A certificate of insurance (COI) is a valid form used to prove that you carry the appropriate insurance policy.

Insurance 52

Insurance Certification Contractors Liability 52

NH Construction Law

JANUARY 30, 2022

When a contractor or subcontractor is sued for defective workmanship, one of his first thoughts is likely to be whether the damages are covered by his liability insurance. But if the plaintiff’s complaint also alleges some resulting property damage, however minor, the insurer is obliged to defend the lawsuit.

Insurance 40

Insurance Liability Defense New Hampshire 40

Levelset

OCTOBER 20, 2022

At any given time, an electrician could be performing work on a construction project that involves high stakes. Scenarios like these stress the need for an electrician to have insurance coverage in place. Scenarios like these stress the need for an electrician to have insurance coverage in place.

Insurance 52

Insurance Liability Electrical Accidents 52

BD+C

JUNE 5, 2023

How to properly assess structural wind damage 0 dbarista Mon, 06/05/2023 - 16:17 Engineers Properly assessing wind damage can identify vulnerabilities in a building's design or construction, which could lead to future damage or loss, writes Matt Wagner, SE, Principal and Managing Director with Walter P Moore.

Structural Engineering 98

Structural Engineering Insurance Engineering Guidelines 98

Construction Law

OCTOBER 3, 2023

Guest editor Climate Change, Carbon Emissions, and the Construction Industry Guest Editors Vanessa Alarcon Duvanel, Alex Levin Canal and Alexandra Gerdes of King & Spalding LLP suggest that contractual incentives to get to net zero are a parallel and possibly faster, more flexible and less burdensome option to promote sustainable behaviour.

Procurement 52

Procurement Construction Insurance Legal 52

Best Practices Construction Law

NOVEMBER 4, 2015

When dealing with construction claims—whether one for construction defects, outstanding payment, or delay damages—an initial hurdle is making sure that proper notice has been given. This decision illustrates the importance of following a process when dealing with a claim. Identify issues and establish a roadmap.

Claims 48

Claims Change Orders Legal Schedule 48

Construction Marketing

SEPTEMBER 24, 2015

Insurance is perhaps the most important thing to arrange before starting a construction company. There are many different types of insurance in the United Kingdom. A construction business needs need public liability insurance , and employers’ liability insurance if you employ staff. Business Plan.

Documentation 120

Documentation Insurance Legal Liability 120

Levelset

SEPTEMBER 16, 2022

If a contractor’s work fails after a project is complete, completed operations insurance can help cover some of the expenses. It is sold as an extension to your general liability insurance policy and may be required by the state you work in or the project owner. Learn more: The most common types of insurance policies in construction.

Insurance 52

Insurance Liability Claims Contractors 52

Levelset

AUGUST 24, 2022

Construction businesses need many different types of insurance to mitigate the risks associated with building projects. Two of the most common insurance policies that contractors have are builder’s risk and general liability, which serve very different purposes. What is builder’s risk insurance?

Liability 52

Liability Risk Insurance Contractors 52

Construction Law Monitor

JANUARY 12, 2012

More and more in my everyday practice I encounter issues with contractor general liability insurance (GL). The bad thing is, that most think this is all they need to do in order to be “covered” in the event of a loss or occurrence. If you ever have a lawsuit filed against you put the insurer on notice immediately!

Insurance 64

Insurance Contractors Claims Legal 64

Levelset

NOVEMBER 10, 2022

Construction is a risky business by almost any measure: It not only has one of the highest business failure rates of any industry, but construction work also sits atop the list of the most dangerous jobs. In 2019, the construction industry accounted for about 20% of all work-related fatalities in the U.S. Make safety a priority.

Safety 52

Safety Site Injury Construction 52

Levelset

JULY 21, 2022

In order to perform construction work, many states require contractors to be “licensed and bonded.” A contractor bond is different from other types of construction bonds because it provides broader protection to the public and is regulated by a licensing board. Obligees can file a claim for: Failing to pay licensing or other fees.

Contractors 52

Contractors Claims Oregon Residential 52

Viewpoint Construction Technology

JUNE 3, 2019

However, within the construction sector there are multiple aspects which require different approaches, meaning a one-size fits all approach is not appropriate. While the issues vary from one organisation to another , we’ve broken down the most common construction disputes into four main categories. This may work for them.

Risk 130

Risk Software Software Construction 130

Constructlaw

DECEMBER 7, 2020

Mealey’s International Arbitration Report recently asked industry experts and leaders for their thoughts on what events had an impact on global economy that have led to an increase in filings. Mealey’s: What, if any, events had an impact on the global economy that have led to increased filings? All rights reserved.].

Claims 40

Claims Insurance Bankruptcy Legal 40

Construction Law Monitor

AUGUST 27, 2012

With these type of events come an aftermath where property owners and contractors are left scrambling to put the pieces back together. The best way to quell the negative effects of an event like this is to be prepared. Undoubtedly, there will be those who need to make property damage claims.

Louisiana 62

Louisiana Insurance Claims Deals 62

Levelset

AUGUST 16, 2022

To grow a construction business, contractors often pursue larger projects. Whenever you need to get construction bonds to perform work on a proposed project, your priority is to show the surety company how you plan to manage the particular risks and minimize the downside. Scope of work compared with past projects.

Risk 52

Risk Cash Flow Construction Banking 52

cnstrctr

JANUARY 4, 2020

Construction projects are a conglomeration of various parties that all need to work together. A construction contract is a tool that you can use to help outline these requirements. What exactly is a construction contract, how can it be used and what are the different types? Construction Contract Types.

Contract 88

Contract Construction Finance Documentation 88

Construction Business Owner

FEBRUARY 6, 2012

INSURANCE |. Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. « The Issues around Construction Issue Building. The automated engine shutdown feature claims to provide up to 30 percent in fuel savings. STRATEGY |.

Construction 120

Construction Software Software Accounting 120

Construction Junkie

APRIL 30, 2020

The Contest Prizes Autodesk Backpack Autodesk Hard Notebook Several Autodesk Soft Notebooks (2) Yeti Rambler Mugs with Autodesk logo and magnetic lids Construction Junkie Hat How to Enter There are 3 ways to enter: 1. Subscribe to the Construction Junkie weekly newsletter. Subscribe for a Chance to Win an Autodesk Prize Pack!

Autodesk 52

Autodesk Claims Injury Liability 52

Construction Junkie

APRIL 27, 2020

Subscribe to the Construction Junkie weekly newsletter. Comment on our Facebook contest post (tag a construction buddy and say something nice about them) 3. Construction Junkie, LLC reserves the right to substitute a Prize of equal or greater value if a Prize cannot be awarded as described for any reason.

Claims 52

Claims Injury Liability United States 52

Construction Junkie

APRIL 28, 2020

Giveaway #2 is live with a swag pack from construction management software, Procore! Subscribe to the Construction Junkie weekly newsletter. Be sure to check back daily for 4 more giveaways this week. For details on all of our giveaways throughout the week, visit our Giveaway Week Home Page by clicking or tapping here.

ProCore 52

ProCore Claims Injury Liability 52

Contractor Bookkeeping

JUNE 20, 2014

Let Us Help Reduce Construction Business Start Up Stress. We Are QuickBooks Experts Specializing In Construction Bookkeeping Services. You Quit Your Job - And started a construction business only to discover you need a contractor’s license and bond. Consult with a construction attorney and follow their advice.

Insurance 48

Insurance Construction Accounting Claims 48

NH Construction Law

APRIL 24, 2019

In this respect it is unlike the statute of limitations, RSA 508:4 , whose three-year clock does not start ticking until the claim “accrues” -- which may be more than three years after the breach of duty occurs if the breach and resulting injury were neither discovered nor reasonably discoverable until later. 341, 347 (1987).

Claims 40

Claims New Hampshire Injury Inspections 40

Construction Junkie

APRIL 29, 2020

The Contest Prizes Milwaukee PACKOUT 20” Tote 12ah M18 Battery M12/M18 Rapid Charger Original Milwaukee STUD tape measure Milwaukee Demolition Gloves Construction Junkie Hat (2) Yeti Rambler Mugs with magnetic lids (not pictured) How to Enter There are 3 ways to enter: 1. Subscribe to the Construction Junkie weekly newsletter.

Milwaukee 52

Milwaukee Claims Injury Liability 52

Construction Junkie

APRIL 28, 2020

The Contest Prizes (2) Ryobi 18V 4ah Batteries Ryobi 18V 6-Port Supercharger (2) Yeti Rambler Mugs with Autodesk logo and magnetic lids Construction Junkie Hat SpinChill drill attachment for quickly chilling cans and glass bottle beverages How to Enter There are 3 ways to enter: 1. Subscribe to the Construction Junkie weekly newsletter.

Claims 52

Claims Injury Liability United States 52

Levelset

SEPTEMBER 2, 2022

Errors and omissions (E&O) insurance covers contractors against financial loss resulting from mistakes, errors, or claims of negligence. While general liability insurance covers against claims related to injury or property damage, errors and omissions insurance protects from lawsuits related to financial loss.

Insurance 52

Insurance Liability Claims Construction 52

Contractor Bookkeeping

JANUARY 2, 2015

We Are QuickBooks Experts Specializing In Construction. Did You Quit Your Job - And start your own construction company only to discover you need a contractor’s license and bond. Did You Ask A Friend Or Relative - To loan you some start-up capital and they agreed on condition you become equal partners in your construction company.

Construction 48

Construction Insurance Accounting Claims 48

Construction Law Monitor

APRIL 15, 2015

Getting construction bonds is not as scary and difficult as some think. If you are a contractor working on public projects, you’ve most likely heard a lot of myths about construction bonds. Myth #1: Construction Bonds Are Very Costly. Myth #2: No Surety Bonds Are Needed by Large Construction Companies.

Insurance 40

Insurance Bankruptcy Contract Claims 40

Construction Test

MAY 7, 2020

The Armstrongs also had their accommodation rolled over to 2021 by the Royal Horseguards Hotel in London despite booking a non-changeable/non-refundable rate and their travel insurer, Covermore, postponed their policy to allow them to travel with insurance cover at a later date and no additional charge. What about travel insurance?

Travel 26

Travel Insurance Claims Airports 26

Construction Law Monitor

NOVEMBER 6, 2015

In the construction industry, we speak a lot about the filing of a mechanic’s lien. In the event a government project goes sour, contractors and materials suppliers must turn to the Miller Act , or its parallel state legislation, as a remedy. How do you file a Miller Act Claim? But what if you are working on a public project?

Lien 40

Lien Claims Materials Contractors 40

Contractor Bookkeeping

JUNE 15, 2012

Let Us Help Reduce Construction Business Start Up Stress. You Quit Your Job - And started a construction business only to discover you need a contractor’s license and bond. Spending Time To Set Up - Your construction company properly will save you grief, time, money and pay you dividends in the future.

Contractors 48

Contractors Insurance Claims Lien 48

Construction Lawyer

DECEMBER 17, 2014

The Illinois legislature has passed a bill that repeals both the Statute of Limitations and Statute of Repose for construction if there is an alleged injury resulting from "the discharge into the environment of asbestos." See Senate Bill 2221. general insurance litigation news' This raises profound issues.

Illinois 45

Illinois Environment Injury Insurance 45