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Illinois court asked: Are defects covered by general liability insurance?

Construction Dive

The ruling, passed down from the state’s supreme court, could affect which issues contractors choose to litigate with insurers across the country.

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How to Get Better Options in Today’s Hard Insurance Market

Construction Business Owner

How to Get Better Options in Today’s Hard Insurance Market. One thing underwriters have made abundantly clear during this challenging renewal environment is that simply blasting a submission to multiple insurance carriers to find competitive pricing, will not produce the effective results it may have in the past. Greg Ragsdale.

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California, New Jersey, and Illinois Top List of Markets Most Vulnerable to a Downturn

Pro Builder

California, New Jersey, and Illinois Top List of Markets Most Vulnerable to a Downturn. Several regional markets in California, New Jersey, and Illinois are at risk of a downturn as the housing market cools off from a mid-pandemic buying frenzy . Fri, 09/16/2022 - 10:20.

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Travelers Insurance Offering to Pay Contractors in More States to Use Procore

Construction Junkie

Last summer, we learned that Travelers Insurance believed that using Procore as a project management tool helped contractors reduce risk on their projects so much that they were willing to help pay for them to join the platform. Illinois 12. Arkansas 4. Colorado 5. Connecticut 6. Delaware 7. Kentucky 15. Maryland 16. Massachusetts 17.

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Additional Insured Status: Playing the Speak-Out Game on a Construction Project

Best Practices Construction Law

Reading and understanding an insurance policy on a construction project can be a lot like understanding my kids playing Speak Out. Proper insurance coverage is an important risk management tool for contractors, subcontractors, project owners/developers and design professionals. Nautilus Insurance Co. ,

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Insurance giant sues nearly 200 Illinois communities for failing to prepare for climate change

BD+C

Farmers Insurance filed nine class action suits against nearly 200 communities in the Chicago area, saying that local governments should have prepared for rising global temperatures that have led to heavier rains and flooding. read more.

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Simplify Construction Compliance with a Complete ERP Solution

Construction Business Owner

Simplify Construction Compliance with a Complete ERP Solution Complex, Multi-Faceted Construction Compliance Needs Managed with One Simple Solution mhodges Tue, 08/29/2023 - 09:46 From financial documentation and insurance/bonding requirements to labor law reporting and subcontractor and vendor documentation (and everything in between), compliance (..)