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.
Green Building Law Update
APRIL 4, 2021
The financial value of green buildings is well documented, from commanding higher rents, greater occupancy rates, and increased occupant satisfaction, to lower operating costs for everything from reduced insurance premiums and less energy utilized, easily resulting in an increased return on investment of more than 9% over conventional building.
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Construction Law
DECEMBER 5, 2023
Thomas King of Pinsent Masons LLP analyses recent case law with implications for the process of sampling and extrapolation which allows cost effective ways of dealing with complex claims. Costs Security for costs: a lottery or an established well-honed process? There are pitfalls for the unwary, he warns – and for the insurers as well.
Pro Builder
JUNE 12, 2020
How Just-in-Time Land Deals Help Manage Cash Flow. The cost of owning land can add up quickly over a three-to-five-year period if you take into account interest rate payments, property taxes, insurance, maintenance, and other expenses, which erode its profitability. . Fri, 06/12/2020 - 05:00. Justin Onorato. .
Construction Marketing
FEBRUARY 17, 2022
The construction loan approval process is usually very rigorous, since the loan isn’t secured and doesn’t involve collateral. Your lender may also need a prepaid homeowners insurance policy, including the builder’s risk coverage, to ensure you’re financially protected should anything go wrong during the construction process.
Fieldwire
JANUARY 25, 2022
Setting up a good game plan that deals with risks for every construction project is one of the first stepping stones to achieving project success. Sam Meenasian is the Operations Director of USA Business Insurance and BISU Insurance and an expert in commercial lines insurance products. Image source: Business 2 Community.
Pro Builder
OCTOBER 4, 2021
As predominantly small- and medium-size companies, home builders and trade contractors are especially vulnerable to cybersecurity issues , due to lack of resources, and they are disproportionately affected by hacking because they can’t easily absorb the financial losses of a security breach. PB: What other defenses should be built.
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