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How to Step Up Your Game on Loss Control & Claims Management

Construction Business Owner

How to Step Up Your Game on Loss Control & Claims Management. Achieving favorable terms in a hard property & casualty insurance market. construction claims management. This sponsored article is provided by both Construction Business Owner and the sponsor who may follow-up with you regarding their products and/or services.

Claims 156
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How to Get Better Options in Today’s Hard Insurance Market

Construction Business Owner

How to Get Better Options in Today’s Hard Insurance Market. One thing underwriters have made abundantly clear during this challenging renewal environment is that simply blasting a submission to multiple insurance carriers to find competitive pricing, will not produce the effective results it may have in the past. Greg Ragsdale.

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Tropical Storm Lee – Prepare for Insurance Claims

Construction Law Monitor

Contractors and property owners should be very knowledgable of the claims process after a natural disaster. Over the Labor Day weekend the New Orleans metro area, along with southern Louisiana experienced high winds and double-digit rainfall totals due to Tropical Storm Lee. The final step is to hire an attorney to escalate your claim.

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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. The contractor and subcontractors moved for summary judgment, asserting that the carriers’ claims were barred by the mutual waiver of subrogation contained in the prime contract. 2700 Bohn Motor, LLC v.

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Louisiana Contractors – Workers Compensation Insurance

Construction Law Monitor

Back in 2009 this blog reported on the very topic of Workers Compensation insurance, stating that 1 and 5 businesses are breaking workers compensation laws. In my everyday practice, I feel like the trend is still prevalent in the construction industry.

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How To Challenge An Unemployment Claim in Louisiana

Construction Law Monitor

When an employee is terminated and claims unemployment benefits in Louisiana, the claim is associated with your business’ account and will affect your unemployment insurance rates in the future. In Louisiana, unemployment claims are administered by the Louisiana Workforce Commission.

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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.