Levelset

SEPTEMBER 14, 2022

Business insurance can help mitigate occurrences or disasters that can severely impact or destroy the good standing of your business. Let’s take a look a subcontractor insurance: when it’s needed, what happens if a sub goes uninsured, and what policies subs can use to protect their businesses from risk.

Insurance 98

Insurance Liability Claims Injury 98

Pro Builder

NOVEMBER 17, 2020

Lower Workers' Compensation Costs by Having a Plan. Having comprehensive plans in place are the most impactful way to mitigate workers’ compensation costs, says the National Association of Home Builders. cbroderick. Tue, 11/17/2020 - 09:55. When that happens, there should be another plan in place.

Compensation 76

Compensation Plans Accidents Insurance 76

Levelset

SEPTEMBER 19, 2022

As you dig deeper into your construction insurance policy, you may come across the terms first-party insurance and third-party insurance. Mastering the difference between these two concepts is crucial to understanding how different types of construction insurance protect you.

Insurance 52

Insurance Liability Compensation Claims 52

Levelset

SEPTEMBER 30, 2022

Insurance is one part of a strategy to keep your carpentry business financially healthy. You can practice safety and use common sense on the job, but there’s no way to predict when accidents or injuries might occur. To minimize any financial damage, a comprehensive carpenter’s insurance plan is a smart bet. .

Insurance 52

Insurance Liability Accidents Injury 52

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

SEPTEMBER 23, 2022

Luckily, that’s what insurance is for, right? Does a general contractor’s insurance cover their subcontractors’ accidents or mistakes? While there isn’t a cut-and-dry answer to these questions, we’ll take a deeper look into insurance coverage and what happens in these situations. Who is covered by an insurance policy?

Insurance 52

Insurance Liability Accidents Risk 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

Levelset

SEPTEMBER 6, 2022

An insurance policy rarely meets every contractor’s needs out of the box. One of the most common endorsements you’ll likely encounter involves additional insured (AI) parties. While it may sound unusual, adding additional insureds is common and extends benefits both to you as a policyholder – and the party being named on the policy.

Insurance 52

Insurance Liability Construction Contract 52

ENR Construction

JULY 21, 2021

Liberty Mutual index shows exertion as the cause of greatest insurer losses.

Compensation 74

Compensation Injury Insurance 74

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

Levelset

SEPTEMBER 20, 2022

Heating, ventilation, and air conditioning (HVAC) contractors must protect their business property while reducing the odds that a job-related accident or injury could financially harm their business. HVAC contractor insurance is the primary way to help protect your financial interest if things go wrong on the job.

Insurance 52

Insurance Contractors Liability Accidents 52

Construction Business Owner

MAY 30, 2013

There are numerous resources to help construction companies prevent workers’ compensation claims. Companies can refer to their insurance carriers and agents or broker partners who employ consultants specializing in worker safety and injury prevention.

Injury 166

Injury Compensation Claims Insurance 166

Construction Equipment

JANUARY 13, 2017

Each year, the Research Institute produces the Liberty Mutual Workplace Safety Index , which ranks the leading causes of serious, nonfatal work-related injuries in terms of direct workers compensation costs. The Index is based on information from Liberty Mutual Insurance, the U.S.

Injury 53

Injury Insurance Compensation Statistics 53

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 Equipment

JANUARY 13, 2017

Each year, the Research Institute produces the Liberty Mutual Workplace Safety Index , which ranks the leading causes of serious, nonfatal work-related injuries in terms of direct workers compensation costs. The Index is based on information from Liberty Mutual Insurance, the U.S.

Injury 48

Injury Insurance Compensation Statistics 48

Safety Services Company

FEBRUARY 13, 2024

Question: I Needed to Report Injuries on My OSHA Logs. Answer: Keep in mind that injuries and incidents will affect your safety status. With injuries, you’re likely to see a drop in your grades and may have to communicate that if your new submissions remove you from compliance.

FAQ 74

FAQ Contractors Management OSHA 74

Safety Services Company

AUGUST 21, 2020

Insurance companies use the number to assess the cost of injuries and future risks. Lowering your EMR is important, as you can greatly reduce the amount you pay for workers’ compensation coverage. Your company has filed one or more workers’ compensation claims. you will pay about 20% more for insurance.

Insurance 62

Insurance Compensation Injury Claims 62

Safety Services Company

DECEMBER 1, 2020

Per OSHA’s regulation 29 CFR 1904, employers with more than 10 employees are required to keep a record of serious work-related injuries and illnesses. For example, accidentally reporting an injury that did not occur on the jobsite or reporting a cut or scrape that isn’t a recordable accident could have dire consequences. What is TRIR?

OSHA 62

OSHA Accidents Injury Compensation 62

Safety Services Company

OCTOBER 10, 2012

WILG president talks workplace injuries. Boyd, president of the Workers Injury Law and Advocacy Group. What is the Workers Injury Law and Advocacy Group? The Workers’ Injury Law and Advocacy Group (www.wilg.org) has grown into an important, national voice for workers.

Injury 49

Injury Compensation Insurance Employment 49

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. What are general liability and professional liability insurance?

Liability 52

Liability Insurance Claims Legal 52

Construction Marketing

JULY 30, 2019

Consider Insurance and License. Besides that, if they are insured, you can be sure they will not become a liability in case they suffer an injury in the process of doing their job. Besides that, if they are insured, you can be sure they will not become a liability in case they suffer an injury in the process of doing their job.

Contractors 120

Contractors Insurance Compensation Liability 120

Green Building Law Update

MAY 24, 2020

.” It is widely accepted that while a property owner owes a duty to exercise ordinary care to keep the premises in a reasonably safe condition, it is not the insurer of the invitee’s safety. Moreover, an invitee cannot maintain a negligence suit merely from a showing that an injury was sustained in the defendant’s building.

Liability 177

Liability Commercial Claims Insurance 177

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

Levelset

SEPTEMBER 22, 2022

Hazardous conditions can have both short-term and long-term financial consequences along with the possibility of work-related illness or injury. . Clothing or jewelry can get tangled up in an unprotected pulley or conveyor system, while unguarded trenches pose risk for collapse and crushing injuries or suffocation. . High temperatures.

Safety 52

Safety Injury Risk Construction 52

Green Building Law Update

NOVEMBER 15, 2020

It is widely accepted that while a property owner owes a duty to exercise ordinary care to keep the premises in a reasonably safe condition, it is not the insurer of the invitee’s safety. Moreover, an invitee cannot maintain a negligence suit merely from a showing that an injury was sustained in the defendant’s building.

Liability 293

Liability Legal Claims Insurance 293

Best Practices Construction Law

NOVEMBER 2, 2012

Over my legal career, I have handled a significant amount of workers' compensation disputes, representing injured employees, defending employers and insurance carriers, and even a few years working for an appellate judge that addressed workers' compensation appeals. The National Council on Compensation Insurance, Inc.

Compensation 48

Compensation Insurance Claims Employment 48

FDR Safety

OCTOBER 29, 2014

On-the-job accidents that result in worker deaths typically make news headlines, but for all the attention that news coverage brings to workplace safety issues, it misses an important point: more than 96 percent of fatal injuries occur outside the workplace. The indirect costs are nearly identical to those associated with on-the-job injuries.

Injury 120

Injury Accidents Safety Employment 120

Construction and Infrastructure Law

SEPTEMBER 29, 2020

Labor Code §§ 1020-1022), and the inability to maintain a lawsuit to recover compensation for their work. Contractors who perform work in California without being properly licensed are subject to a world of hurt, including civil and criminal penalties ( see, e.g., Cal. & Prof. Code §§ 7028, 7028.6, 7117, and Cal. Bus & Prof.

California 98

California Contractors Compensation Los Angeles 98

Pro Builder

AUGUST 5, 2022

Consider these elements of a training and awareness program to save lives, mitigate injuries, and reduce liability and costs . Scott Smith, corporate director of safety management services for Selective Insurance Group , a holding company for 10 property and casualty insurers, sees it more simply. Fri, 08/05/2022 - 07:00.

Safety 72

Safety Resource Injury Construction 72

Work Gearz

JULY 13, 2021

This is basically a special helmet that is strong and resilient enough to prevent the falling debris from hitting your head and inflicting concussions alongside other irreversible injuries. In this way, the workers stay away from all possible injuries. Mandatory for insurance compensations.

Compensation 52

Compensation Safety Insurance Injury 52

Levelset

JUNE 29, 2022

OSHA averages more than 30,000 inspections annually , including many unscheduled visits arising from employee complaints or injuries. This standard ( 1926.100 ) requires all employees to wear head protection anytime there is a risk of head injury from “impact, or from falling or flying objects, or from electrical shock and burns.”

OSHA 52

OSHA Inspections Construction Safety 52

Construction and Infrastructure Law

SEPTEMBER 29, 2020

Labor Code §§ 1020-1022), and the inability to maintain a lawsuit to recover compensation for their work. Contractors who perform work in California without being properly licensed are subject to a world of hurt, including civil and criminal penalties ( see, e.g., Cal. & Prof. Code §§ 7028, 7028.6, 7117, and Cal. Bus & Prof.

California 52

California Contractors Compensation Los Angeles 52

Safety Services Company

SEPTEMBER 25, 2014

At this year’s National Safety Council (NSC) expo, it was reported that workplace injuries and fatalities cost businesses an estimated $198.2 businesses are realizing that developing and implementing comprehensive Injury and Illness Prevention Programs (IIPP) not only reduces costs, it can improve morale and improve profitability.

Safety 48

Safety OSHA Compensation Injury 48

Autodesk Construction Cloud

FEBRUARY 25, 2022

EMR is a value calculated by insurance carriers and is an indication of Worker’s Compensation claims history. RIR describes the rate of employees per 100 full-time employees that have been involved in a recordable injury or illness. . Formula: Net Income / Total Revenue . SAFETY RATES & METRICS .

Safety 94

Safety Debt Liability Equity 94

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

Safety Services Company

SEPTEMBER 19, 2013

According to data released by the Workers’ Compensation Insurance Rating Bureau, there were 367 roofing-related falls from scaffolds, ladders, elevations, and into openings such as skylights in California from 2008-2010. These preventable accidents resulted in total indemnity and medical costs of over $70 million.

California 48

California Safety Compensation Regulation 48

Levelset

SEPTEMBER 7, 2022

Professional liability insurance provides contractors coverage from financial losses that happen as a result of their errors, mistakes, or negligence. In that case, professional liability insurance would generally provide the plumber with reimbursement for legal fees, settlements, and judgments.

Liability 52

Liability Insurance Injury Contract 52