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

FDR Safety

MARCH 19, 2020

In the case of catastrophic accidents, including fatalities or accidents resulting in multiple serious injuries, special care must be taken when it comes to the designation of company representatives. An effective company representative is essential to the company’s success in minimizing OSHA liability.

OSHA 156

OSHA Inspections Conference Employment 156

Levelset

SEPTEMBER 2, 2022

While general liability insurance covers against claims related to injury or property damage, errors and omissions insurance protects from lawsuits related to financial loss. Errors and omissions insurance, also called professional liability insurance, is one tool that contractors can use to transfer risk away from themselves.

Insurance 52

Insurance Liability Claims Construction 52