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2016 Insurance Market Forecast

Construction Business Owner

Like many businesses, the insurance industry is cyclical in nature. The insurance cycle is important to business owners because it directly impacts insurance premiums. As for insurance pricing today, Table 1 provides a historical picture of insurance industry rates calculated by MarketScout, with 2004 as the base year.

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Easy Steps for Achieving Competitive Insurance Rates

Construction Business Owner

According to the American Institute of Architects (AIA), nonresidential building spending in 2015 was close to $360 billion, with forecasts estimating this number to hit $390 in 2016. The 2016 Dodge Construction Outlook also recently predicted a 9 percent gain in this sector.

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Construction Insurance Rates Predicted To Increase

Construction Law Monitor

According to a recent Press Release from Marsh , a leader in insurance broking and risk management, construction firms across the U.S. Insurance rates have been declining for close to a decade, but rates are forecasted to increase between 8 and 10 percent. Being insured is a major expense in all construction companies.

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The Startup Construction Business Checklist: 3 Important Documents You Need to Have

Construction Marketing

Insurance is perhaps the most important thing to arrange before starting a construction company. There are many different types of insurance in the United Kingdom. A construction business needs need public liability insurance , and employers’ liability insurance if you employ staff. Business Plan.

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Natural Disasters Cause $85 Billion Global Economic Loss During First Half Of 2013

Buisness Facilities Contributed Content

Impact Forecasting , the catastrophe model development center of excellence at Aon Benfield (the global reinsurance intermediary and capital advisor of Aon plc), has issued its mid-year natural disaster analysis, which aggregates the key global natural disaster perils data for the first half of 2013. Posted by Heidi Schwartz. billion).

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DebunkTheBIM: ?Insurance is all about risk management?

DebunkTheBIM

Insurance is all about risk management” Says Walid Shidani in his interview given to Rupert Wright, this week. But, back to insurance. “Insurance is all about actuarial forecasting.” “Insurance is all about actuarial forecasting.” ” Mr. . at 6:09 AM.

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Sage Intacct Construction Brings Financial Management to the Cloud

Construction Junkie

The ability to integrate with these emerging technologies puts your financial manager in a much better position to forecast, rather than only making decisions based on the past. The two companies are also currently building out an integration with Sage Intacct Construction, which is expected to be released towards the beginning of 2021.

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