Levelset

AUGUST 31, 2022

Whether you’re just starting your business or looking to change insurance carriers, it pays to go with a company that has experience and knowledge in providing insurance for the construction industry. These days you can purchase insurance on your own or go through a local agent. Best construction insurance companies.

Insurance 52

Insurance Liability Compensation Construction 52

Levelset

OCTOBER 20, 2022

Scenarios like these stress the need for an electrician to have insurance coverage in place. Thus, a strong insurance plan helps you rest easier both on and off the job. Why can an electrical contractor use insurance? Insurance policies can help your business cover the costs of both minor and major incidents.

Insurance 52

Insurance Liability Electrical Accidents 52

ENR Construction

JUNE 15, 2023

An insurer claims manager told a risk conference audience four years ago that “in case you’ve been on another planet, there have been hundreds of design-build lawsuits.”

Design 41

Design Insurance Conference Claims 41

Levelset

SEPTEMBER 20, 2022

HVAC contractor insurance is the primary way to help protect your financial interest if things go wrong on the job. This contractor’s insurance solution is typically the most cost-effective means to secure coverage and give you peace of mind. What is HVAC contractor insurance? Who needs HVAC insurance?

Insurance 52

Insurance Contractors Liability Accidents 52

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. General liability insurance.

Liability 52

Liability Insurance Claims Legal 52

Green Building Law Update

NOVEMBER 15, 2020

And these questions are not unfounded because as of November 1, 2020, legal industry databases of state and federal litigation are tracking more than 6,100 cases involving Covid-19 claims. courts have never addressed a pandemic like SARS-CoV-2 (the current designation for what had been the Novel Coronavirus 2019).

Liability 293

Liability Legal Claims Insurance 293

Construction Specifier

OCTOBER 9, 2023

In 2018 (latest data available), insurance companies paid nearly $1 billion in lightning-related claims to some 78,000 policy holders, according to the Lightning Protection Institute (LPI). In addition, approximately 3 to 5 percent of all commercial insurance claims involve lightning, which is a reliably preventable issue.

Insurance 62

Insurance Claims Commercial Electrical 62

Best Practices Construction Law

FEBRUARY 21, 2018

Reading and understanding an insurance policy on a construction project can be a lot like understanding my kids playing Speak Out. Proper insurance coverage is an important risk management tool for contractors, subcontractors, project owners/developers and design professionals. Nautilus Insurance Co. ,

Insurance 54

Insurance Subcontracting Injury Construction 54

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

Wolgast Corporation

JULY 6, 2022

The emergency response report is also useful in your insurance claim for timing and dates. Additionally, you will want to call your insurance company (after emergency units) to make a claim and so they can assess the damage. We can also design and restore your building if needed.

Insurance 107

Insurance Claims Safety Michigan 107

Construction Law

DECEMBER 2, 2022

The next thing you might be contacting your lawyer about could be your potentially over-inflated sustainability claims. Virtue signalling by ‘greenwashing’ could end up being more expensive than taking the measures you have wrongly claimed to. Those projects failing to meet these criteria may struggle to access financing.

Claims 52

Claims Risk Infrastructure Finance 52

Levelset

SEPTEMBER 12, 2022

” You may already have an insurance policy that offers coverage for business property and general liability. An installation floater is a form of insurance coverage that protects the value of building materials that will become a permanent part of a commercial or residential structure. Who needs installation floater insurance?

Insurance 52

Insurance Liability Risk Materials 52

Safety Services Company

AUGUST 21, 2020

Insurance companies use the number to assess the cost of injuries and future risks. Your company has filed one or more workers’ compensation claims. When this happens, your insurer raises your insurance premium to mitigate risk. you will pay about 20% more for insurance. If that number spikes, the reason is simple.

Insurance 62

Insurance Compensation Injury Claims 62

Mr Ethics

APRIL 23, 2014

Ethics, There seems to be a growing trend in the construction industry whereby project owners are placing all risk on the design professional or contractor. Lastly, owners are insisting on being listed as additional named insureds on policies. That is the way claims are controlled and in some cases prevented.

Risk 100

Risk Claims Insurance Liability 100

Mr Ethics

APRIL 23, 2014

Ethics, There seems to be a growing trend in the construction industry whereby project owners are placing all risk on the design professional or contractor. Lastly, owners are insisting on being listed as additional named insureds on policies. That is the way claims are controlled and in some cases prevented.

Risk 100

Risk Claims Insurance Liability 100

Mr Ethics

APRIL 23, 2014

Ethics, There seems to be a growing trend in the construction industry whereby project owners are placing all risk on the design professional or contractor. Lastly, owners are insisting on being listed as additional named insureds on policies. That is the way claims are controlled and in some cases prevented.

Risk 100

Risk Claims Insurance Liability 100

Green Building Law Update

NOVEMBER 27, 2016

But, the claims that have resulted in much of the recent litigation involving green building projects are different from those in other construction disputes. The Haywood Community College’s Creative Arts Building ‘s very sustainable design was featured in a 2013 issue of Solar which described the project as pursing LEED Platinum.

Green 120

Green Claims Certification North Carolina 120

Wolgast Corporation

JANUARY 12, 2023

Our expertise is with the following delivery types of construction: Design-Build. The complexities are reviewed and resolved in the pre-construction phase with the Architect and Construction experts working together with you to determine the best course of action while your project is still in the design phase. Construction Management.

Commercial 84

Commercial Construction Retail Michigan 84

Levelset

AUGUST 5, 2022

Construction insurance can be confusing. Each contractor and party to the project has their own insurance, which may or may not be adequate to protect the work they’re performing. Learn more: What types of insurance do contractors need? Learn more: What types of insurance do contractors need? CCIP vs. OCIP insurance.

Insurance 52

Insurance Liability Claims Construction 52

Green Building Law Update

JULY 24, 2016

The guidance describes it as, the property may only become subject to an enforceable claim (i.e., a lien) that is superior to the FHA-insured mortgage for delinquent regularly scheduled PACE special assessment payments. The property shall not be subject to an enforceable claim (i.e.,

Finance 120

Finance Lien Residential Commercial 120

Green Building Law Update

DECEMBER 3, 2017

There are a panoply of federal laws within discreet silos, including significantly: The Health Insurance Portability and Accountability Act (HIPAA), The Family Educational Rights and Privacy Act (FERPA), the Fair and Accurate Credit Transaction Act (FACTA), and the like. A claim pending against a major U.S.

Green 120

Green Risk Claims Drafting 120

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. This also means that they will be paying up to 10 percent more in insurance premiums.

Compensation 48

Compensation Insurance Injury Risk 48

Construction Dive

SEPTEMBER 24, 2014

By Bruce Jervis Subcontractors are, of course, responsible for compliance with the project design. If an insurer pays out on a property loss caused by a sub’s noncompliant work, the insurer may seek reimbursement through a subrogation action.

Subcontracting 51

Subcontracting Insurance Texas Claims 51

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 Law

JUNE 5, 2023

So one consequence is that it might be simply setting the scene for a round of claims against designers, contractors and potentially manufacturers, as developers look to the supply chain to recover a contribution to the remediation costs that they have committed to under the DRC.

Contract 52

Contract Safety Liability Insurance 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

Construction and Infrastructure Law

SEPTEMBER 29, 2020

The basis for the second holding is that the discovery rule of accrual is based in equity, whereas a disgorgement claim is not intended to compensate claimant for any injury, but to punish the unlicensed contractor, and therefore is not subject to equitable considerations.

California 98

California Contractors Compensation Los Angeles 98

Construction Lawyer

APRIL 3, 2012

Federal Court dismisses subs claim against GC because of arbitration provision. Because LaSalle was not in privity of contract with USACE, LaSalle needed VETS to sponsor its claim against them. As such, they agreed "cooperate with each other to complete the Projects and to prosecute all Claims made to [USACE]."

Claims 40

Claims Agreement Illinois Subcontracting 40

Construction Lawyer

MAY 30, 2012

Unlimited liability for designers and contractors. The bridge was designed in 1962 by Sverdrup. The bridge, which had been designed for 60,000 cars per day was actually carrying some 160,000 cars per day. It is very possible that a firm will not have coverage for such claims. Sverdrup no longer exists.

Liability 40

Liability Contractors Design Minnesota 40

Construction Law

OCTOBER 3, 2022

Some 86% of respondents described themselves as ‘consultants’, held to include the design team, surveyors and specialist consultants. Claims for extensions of time was the most common cause of disputes, reported by 50% of respondents. What do the results of the survey tell us then?

Industrial 52

Industrial Contract Consulting Negotiation 52

Construction Lawyer

AUGUST 28, 2013

This law, Public Act 098-0548, codified at 735 ILCS 5/2-2301, applies to “personal injury, property damage, wrongful death, or tort action involving a claim for money damages.” Many construction cases involve either personal injury or property damage claims. insurance litigation news'

Illinois 40

Illinois Lien Claims Insurance 40

Construction Cost Estimating

NOVEMBER 25, 2014

Construction Forms screenshot Construction Forms for Excel are designed to facilitate contracting and administrative tasks for construction work and projects. The package of over 140 purpose built forms are customizable Excel templates and documents addressing all areas of construction contract work.

Lien 45

Lien Change Orders Construction Estimating 45

Construction Cost Estimating

OCTOBER 10, 2018

Usually, a quantity surveyor performs the following activities :- • Commercial omission of site • Formulation of financial reports, budgets and forecasts • Supervision, training and development of some junior staff • Job review of assistant staff • Utilization of health and safety requirements • Fulfillment of paperwork as desired by the CSIs/procedures (..)

Liability 40

Liability Management Subcontracting Forecasting 40

Contractor Bookkeeping

JUNE 20, 2014

We strongly recommend a Subchapter S Corp (a Sub S) for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. Partnerships Are The Only Ships - Designed to sink. Insurance - Is critical to your construction company.

Insurance 48

Insurance Construction Accounting Claims 48

Construction Lawyer

APRIL 19, 2009

Economic Loss Doctrine bars Nevada claims against Architect. The case began when a casino hired various design professionals to analyze the soil conditions prior to construction of a new casino. The design of the foundation was premised on their analysis, which proved to be faulty. In Terracon Consultants Western, Inc.

Nevada 40

Nevada Claims Illinois AIA 40

Construction and Infrastructure Law

SEPTEMBER 29, 2020

The basis for the second holding is that the discovery rule of accrual is based in equity, whereas a disgorgement claim is not intended to compensate claimant for any injury, but to punish the unlicensed contractor, and therefore is not subject to equitable considerations.

California 52

California Contractors Compensation Los Angeles 52

Construction Marketing Ideas

FEBRUARY 14, 2015

Builders, for example, could take on some of the design role if it has been included in their scope of work. IPD is successful largely because it requires extensive design and planning. During the design and planning stages, IPD projects also require more extensive involvement by senior leadership and legal counsel.

ProCore 48

ProCore IDEA Resource Liability 48