Levelset
SEPTEMBER 14, 2022
“If something goes wrong, liability could hit the GC’s policy, which dilutes liability insurance limits, negatively impacts their claims history, and forces them to deal with a claim that’s not really their fault.”. General liability insurance. Workers compensation insurance. Business auto insurance.
Safety Services Company
SEPTEMBER 24, 2017
Remember that OSHA fines and penalties are a direct connection to employer liability; these consequences fall in addition to the myriad blows to a business’ bottom line. Keep in mind that many liability lawsuits have arisen from negligence occurring after training; formal initial training is not enough.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Levelset
OCTOBER 13, 2022
Aside from owners and GCs, a government entity may want to see proof of liability insurance. You may be seeking to work for a local, state, or federal government, and these bodies will want to know that you carry liability insurance before you’re awarded — or even considered — for a bid. When do I need to provide a COI?
Construction and Infrastructure Law
SEPTEMBER 29, 2020
Labor Code §§ 1020-1022), and the inability to maintain a lawsuit to recover compensation for their work. The basis for the first holding is that disgorgement is both a liability created by statute and a penalty, and therefore falls under Code of Civil Procedure Section 340(a), a one year statute of limitations. & Prof.
Levelset
SEPTEMBER 23, 2022
If a sub accidentally drops a steel beam on the project manager’s new sports car, that subcontractor’s liability insurance policy would likely cover the damage. General liability, builder’s risk, and subcontractor default insurance are among the most common, and wrap insurance is growing in popularity.
Construction Dive
NOVEMBER 19, 2014
But, the contract documents frequently make a distinction, so it does matter. An owner-directed suspension is usually expressly compensable, with the elements of compensation defined in the contract. The contract may disclaim owner liability for delay, regardless of cause.
Contractor Bookkeeping
SEPTEMBER 29, 2017
The primary keeper of all the documents is you, your spouse, your employees, your suppliers, your bank, your credit card company. Worker’s Compensation Provider. General Liability Insurance Provider. I know this is not a statement that any contractor wants to hear about their bookkeeping. Who wants details about your business?
Expert insights. Personalized for you.
98 
Let's personalize your content