article thumbnail

Workers' Compensation Claims: A Common Employer's Nightmare

Construction Business Owner

Workers’ compensation claims and how to keep them under control have always been a concern for employers. Incidents ending in claims occur in virtually all industries and can be costly and time consuming. There is no federal workers’ compensation law that addresses workplace injuries.

article thumbnail

The Financial Impact of a Workplace Injury

FDR Safety

In my 35+ years of working in the safety industry, I have had one goal each day: Help individuals safely return home to their families. According to OSHA, it is estimated that employers pay an estimated $1 billion PER WEEK in direct costs resulting from workplace illness or injury. There is no greater benefit of safety than this.

Injury 120
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Construction Robotics Will Affect the Industry

Lets Build

Construction robotics is one solution that some firms are adopting to combat these challenges, so let’s break down how it’s affecting the industry. 5 ways construction robotics and construction automation are changing the industry. Robotics in the construction industry will introduce cost savings.

article thumbnail

6 Dangers Of Falling Debris In Construction Sites

Construction Marketing

Construction is one of the most hazardous industries, with injuries occurring almost every year. Who’s Liable For Falling Debris Injuries? Regardless of the type of injury in the workplace, whether due to falling debris or poor safety practices, someone is always liable. What Are The Common Types Of Falling Debris?

Site 156
article thumbnail

7 Construction Trends That Will Propel the Industry in 2022

Lets Build

COVID-19 hit the construction industry hard. The global 3D printing market in the construction sector is expected to become an $870 million industry by 2026, according to a 2022 report. Over time, this leads to injuries, time off work, and workers’ compensation claims. million niche industry by 2023. 3D printing.

article thumbnail

9 Types of Insurance You Need to Protect Your Contractor Business

Construction Marketing

Between the potential for accidents and injuries on the job site and the risk of lawsuits, it’s important to have insurance to protect yourself from financial losses, but what kind of insurance do you need? This type of coverage will protect your company from various liabilities , including injury claims, and cover medical expenses.

Insurance 156
article thumbnail

4 Things You Need To Know About Snow Removal Insurance

Construction Marketing

Because of their nature of work, snow removal contractors are usually exposed to many risks, which may include anything from third-party injuries to equipment. In many cases, injuries or property damage may lead to costly expenses. Worker’s Compensation. Why Is Snow Removal Insurance Important? Conclusion. Conclusion.

Insurance 189