Levelset

OCTOBER 14, 2022

Plumbing contractors should include business insurance as an integral part of their financial strategy. When you tackle the jobs you’ve secured, it’s also important to plan for the unexpected. What is plumber’s insurance? Each field of subcontracting work has its own area of focus in insurance matters.

Insurance 52

Insurance Liability Injury Compensation 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? You also need to plan for more common occurrences.

Insurance 52

Insurance Liability Electrical Accidents 52

Pro Builder

NOVEMBER 30, 2022

NAHB Chairman's Message: Proposal to Create Climate Risk Committee. NAHB will continue to be the housing industry’s voice regarding climate issues, with NAHB's Leadership Council recommending the creation of a new Climate Risk Committee. Does Access to Flood-Risk Data Impact Homebuyer Decisions? Wed, 11/30/2022 - 16:18.

NAHB 98

NAHB Risk Regulation Sustainability 98

Levelset

MARCH 21, 2022

Even though the insurance company isn’t your customer, the property owner may be depending on that insurance check to pay for your work. To cover these expenses, restoration contractors need to manage their cash flow to ensure they have enough money in the bank — especially when the insurance company is dragging their feet.

Cash Flow 98

Cash Flow Insurance Lien Management 98

Levelset

AUGUST 26, 2022

When working in construction, your insurance policy gets issued as a fairly standard contract. Like a basic construction agreement, you can upgrade or downgrade your insurance policy just as a customer might do with the fit and finish of a building. What is an insurance endorsement? How insurance endorsements work.

Insurance 52

Insurance Liability Equipment Agreement 52

BD+C

JUNE 8, 2020

After offices and other places of business reopen following COVID-19 shutdowns , tenants and owners face increased legal liability, and property insurance plans may not cover this risk.

Liability 72

Liability Risk Office Insurance 72

Wolgast Corporation

APRIL 30, 2024

To get the most from an insurance claim involving property restoration, it is best practice to openly communicate and collaborate with both your agent and restoration company. Know Your Policy Additionally, there is no way around it, you need to know what is included in your insurance plan prior to disaster.

Commercial 127

Commercial Insurance Claims Documentation 127

CivilJungle

DECEMBER 21, 2021

Information of Construction Risk Management. Construction risk management is a long steep process, in which we have to calculate the all-possible risk and determine the process by which we can reduce this type of risk. Where we identify, analyze the risks and work over them. What Is Construction Risk Management ?

Risk 52

Risk Management Contractors Construction 52

Pro Builder

OCTOBER 4, 2021

Risk of Cyberattacks. As predominantly small- and medium-size companies, home builders and trade contractors are especially vulnerable to cybersecurity issues, so it's important for them to understand the risks and take action to protect their companies. SVP Risk Services Division. PB: What should cyber risk training cover?

Risk 98

Risk Defense Organization Insurance 98

Construction Junkie

MARCH 16, 2021

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. Arkansas 4. Colorado 5. Connecticut 6. Delaware 7. Illinois 12. Kentucky 15. Maryland 16. Massachusetts 17.

ProCore 62

ProCore Travel Insurance Rhode Island 62

Autodesk Construction Cloud

FEBRUARY 5, 2022

How to Manage Risk in Your Construction Project. According to The Construction Industry Institute , there are about 107 construction risks you should consider when managing a project. Before you start panicking about the 90 plus risks on the list you’re probably not completely aware of at this moment, let’s take a step back.

Risk 59

Risk Management Construction Documentation 59

Pro Builder

OCTOBER 4, 2021

Risk of Cyberattacks. As predominantly small- and medium-size companies, home builders and trade contractors are especially vulnerable to cybersecurity issues, so it's important for them to understand the risks and take action to protect themselves. SVP Risk Services Division. PB: What should cyber risk training cover?

Risk 97

Risk Defense Organization Insurance 97

BD+C

AUGUST 14, 2023

Fast-tracking construction projects offers both risk and reward dbarista Mon, 08/14/2023 - 13:50 0 Contractors Understanding both the rewards and risk of fast-tracking a project can help owners, architects, engineers, and contractors maximize the benefits of this strategy and can bring great reward on all fronts when managed properly.

Risk 92

Risk Construction Schedule Contractors 92

Pro Builder

DECEMBER 7, 2020

Is Your Construction Team Prepared for Cyber Risks? While there are several cyber risks to monitor, ransomware and business email compromise attacks are two of the most common challenges we see contractors faced within our roles at Sentry Insurance. Implement and test a data backup and recovery plan. .

Risk 92

Risk Construction Security Bidding 92

Lets Build

JUNE 6, 2017

There is a number of parameters that you should think about and an efficient management of the risk is surely necessary. In other words, you can’t really define risk on the exact same way in every construction project. Even within the same project, there may be distinct sources of risk. Types of risk in construction.

Risk 165

Risk Management Construction Legal 165

Safety Services Company

FEBRUARY 19, 2020

IS YOUR BUSINESS EFFECTIVELY PRIORITIZING CONSTRUCTION RISK MANAGEMENT? Truth be told, every industry involves risk. Whether the project involves a multi-million-dollar office building or a three-story apartment complex, there are several risks that need to be considered in order to ensure the success of any construction project.

Risk 62

Risk Management Construction Safety 62

Safety Services Company

FEBRUARY 18, 2020

How Well Does Your Business Prioritize Construction Risk Management? Truth be told, every industry involves risk. Whether the project involves a multi-million-dollar office building or a three-story apartment complex, there are several risks that need to be considered in order to ensure the success of any construction project.

Risk 62

Risk Management Construction Safety 62

Construction Marketing

FEBRUARY 20, 2023

Here’s a look at what every construction business needs to succeed: Clear and Right Business Plan Creating a construction and trades business requires more than just professional know-how. A successful business plan is paramount for success. You can also avoid costly mistakes in the future.

Construction 299

Construction Risk Management Resource 299

Viewpoint Construction Technology

JUNE 3, 2019

Conflicts and other project risks can delay work and negatively impact bottom lines. The suite of problems which may arise may include contractual errors, technical issues, contract breaches, delayed payment, insurance and damage claims and obviously, non-compliance with legal requirements. This may work for them.

Risk 130

Risk Software Software Construction 130

Construction Law

MARCH 1, 2024

News Our regular news round up includes a call from insurance companies for pilot projects to find investment models for green infrastructure; failure of another legal challenge to the Stonehenge project; and a warning that the new Building Safety Regulator is looking for a high profile prosecution to make a point.

Insurance 40

Insurance Claims Safety Legal 40

FDR Safety

SEPTEMBER 27, 2013

If you manage for risk, you also manage for compliance. However, if you manage for compliance, you may overlook risk and hazards that result in serious or fatal injuries. Thankfully, the groundwork to manage risk within GM and our joint process had been laid. Whether safety, business risk, insured risk, market risk, etc.,

Risk 120

Risk Safety Management OSHA 120

Autodesk Construction Cloud

JULY 13, 2023

Watch the episode now Plan, communicate, and collaborate Construction projects are made up of several stakeholders, phases, and components. To keep everything—and everyone—aligned, teams must plan, communicate clearly, and be open to collaboration. There’s going to be a really big focus on preconstruction and planning.

Profitability 98

Profitability Risk Construction Autodesk 98

Construction Marketing

SEPTEMBER 24, 2015

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. Legal Documents.

Documentation 120

Documentation Insurance Legal Liability 120

Pro Builder

APRIL 15, 2023

It’s a problem that John Green, managing principal of Blackstar Stability , wants to address with a comprehensive business model that puts at-risk Americans on a path to homeownership and financial stability. The seller still has title to those homes, but the buyer is responsible for the maintenance, insurance, and taxes.

Plans 52

Plans Finance Housing Income 52

Job Order Contracting

FEBRUARY 7, 2020

This includes pre-construction and planning phase activities including initial owner scope of work as well as all related planning, procurement, and project management processes. A construction cost audit and associated checklist are important risk management and LEAN construction planning, procurement, and project delivery tools.

Construction 160

Construction Procurement Documentation CSI 160

Green Building Law Update

NOVEMBER 15, 2020

a) knows or by the exercise of reasonable care would discover the condition, and should realize that it involves an unreasonable risk of harm to such invitees, and. (b) All of this begs the question if a business owner’s premises liability insurance covers such claims? including because some require warning signs).

Liability 293

Liability Legal Claims Insurance 293

Construction Law

DECEMBER 5, 2023

News Our regular news round up of construction law and procurement stories reports on two highly critical reports of government spending plans for schools and hospitals; and record fines being levied on a landlord and property management company for fire risks. There are pitfalls for the unwary, he warns – and for the insurers as well.

Construction 52

Construction Insurance Claims Procurement 52

Levelset

OCTOBER 19, 2022

However, before starting work on a building financed with a construction-to-permanent loan, both property owners and contractors need to understand the risks. Contractor risks with a construction-to-permanent loan. There are common risks that are prevalent in every construction loan program. Lack of insurance coverage.

Contractors 98

Contractors Lien Construction Finance 98

Construction Marketing

FEBRUARY 17, 2022

It covers land acquisition costs, building materials, construction permits, labor, contingency and interest reserves, closing costs, and plans. Before approving your loan, the lender must review your projected budget estimates, detailed construction plans, and construction timelines to decide on your loan amount.

Construction 267

Construction Budgeting Budget Drawings 267

Safety Services Company

DECEMBER 12, 2023

Prequalification can ensure contractors are capable, insured, and able to meet all the complex safety and performance requirements. Contractors are required to provide documentation such as: Financial statements Insurance certificates Safety plans Licensing information Training logs And more! Studies show that 3.6%

Contractors 59

Contractors Safety Certification Injury 59

Safety Services Company

AUGUST 21, 2020

Insurance companies use the number to assess the cost of injuries and future risks. When this happens, your insurer raises your insurance premium to mitigate risk. When figuring the EMR, insurance analysts review the claims history of companies in specific industries. Calculating EMR.

Insurance 62

Insurance Compensation Injury Claims 62

Levelset

NOVEMBER 10, 2022

In this article, we’ll explore the most common jobsite safety risks — and what contractors can do to improve safety for all parties involved. . Common jobsite safety risks. Risks to employees are a top priority for contractors, and threats to health and safety aren’t the only cause for concern. Work with your insurance provider.

Safety 52

Safety Site Injury Construction 52

Construction Marketing

JANUARY 6, 2023

It is known for construction site staff to steal equipment while on the job, which is why keeping detailed logs of who has each item can help you to spot and protect yourself against potential theft, which you might need to make an insurance claim for down the line. Invest in robust security doors and gates that resist attempts to break in.

Security 282

Security Site Mobility Construction 282

Construction Equipment

MARCH 28, 2019

Salesforce Ventures has invested in Kespry to focus on AI-augmented insurance claims management capabilities that complement Salesforce Financial Services Cloud. The companies plan to enhance the end-to-end digital experience for insurance clients and customers by delivering risk and damage…

Insurance 49

Insurance Claims Risk Plans 49

Autodesk Construction Cloud

JULY 13, 2023

Watch the episode now Plan, communicate, and collaborate Construction projects are made up of several stakeholders, phases, and components. To keep everything—and everyone—aligned, teams must plan, communicate clearly, and be open to collaboration. There's going to be a really big focus on preconstruction and planning.

Profitability 52

Profitability Risk Construction Autodesk 52

Contractor Connection

NOVEMBER 13, 2023

Temporary housing is a critical, yet often underappreciated, facet of the insurance and property management industries. It’s not just about a temporary place to stay; it’s about delivering a comprehensive, insurance-friendly solution. This establishes a steady stream of business and strengthens their presence in the market.

Housing 40

Housing Insurance Security Bidding 40

Business Facilities

OCTOBER 24, 2017

Companies are asking themselves in the wake of these catastrophic and costly storms, are we adequately evaluating the risk of natural disasters when deciding where to locate new facilities? This initial GIS screening is the optimal opportunity to incorporate natural disaster risk potential into a site selection evaluation.

Risk 42

Risk Site Puerto Rico California 42