BD+C

NOVEMBER 4, 2020

Some of the nation’s largest commercial property insurers have put moratoriums on issuing new insurance policies and renewing current ones due to fear of potential civil unrest resulting from a closely contested presidential election. The multifamily sector has been most impacted, but other all sectors have been affected.

Insurance 72

Insurance Los Angeles Commercial Security 72

Job Order Contracting

MARCH 1, 2022

Social security contributions. General insurances. Workmen’s compensations insurance. State unemployment insurance. Federal unemployment insurance. Payment Bond premium(s) (please note that Payment Bonds are required for task order. projects valued over $35K; 9. Mobilization and demobilization costs.

Insurance 232

Insurance Compensation Overhead Security 232

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

SEPTEMBER 16, 2022

Your base insurance policy may offer some coverage for unexpected damage to some business property, but making assumptions about the extent of coverage could lead to some financial distress. . An equipment floater offers insurance protection for your business property as it moves from location to location. What is an equipment floater?

Insurance 52

Insurance Equipment Contractors Risk 52

Levelset

SEPTEMBER 30, 2022

Insurance is one part of a strategy to keep your carpentry business financially healthy. To minimize any financial damage, a comprehensive carpenter’s insurance plan is a smart bet. . What is carpenter insurance? Does a carpenter need insurance? Insurance serves another purpose.

Insurance 52

Insurance Liability Accidents Injury 52

Levelset

SEPTEMBER 6, 2022

An insurance policy rarely meets every contractor’s needs out of the box. One of the most common endorsements you’ll likely encounter involves additional insured (AI) parties. While it may sound unusual, adding additional insureds is common and extends benefits both to you as a policyholder – and the party being named on the policy.

Insurance 52

Insurance Liability Construction Contract 52

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

Construction Marketing

SEPTEMBER 25, 2018

It costs a lot to put up, mainly because it plays a significant role in your safety and security while giving you a solid defense against the effects of snow, wind, rain, heat, hail, and other elements. This having been said, here are 5 tips for filing a roof replacement insurance claim. Contact the Insurance Policy.

Insurance 120

Insurance Claims Inspections Minnesota 120

Levelset

SEPTEMBER 19, 2022

As you dig deeper into your construction insurance policy, you may come across the terms first-party insurance and third-party insurance. Mastering the difference between these two concepts is crucial to understanding how different types of construction insurance protect you.

Insurance 52

Insurance Liability Compensation Claims 52

Construction Business Owner

DECEMBER 5, 2014

According to the National Insurance Crime Bureau, as much as $1 billion in construction tools, equipment and materials is stolen nationwide each year, 90 percent of which is taken directly from construction sites. Throughout the last decade, the construction industry has spawned an entirely new black market industry—construction theft.

Security 273

Security Risk Insurance Equipment 273

Construction Business Owner

DECEMBER 1, 2016

now known throughout the industry as IRMI, was founded in 1978 with the main purpose of providing education, by way of seminar and print publication, to risk managers, insurance agents/brokers, underwriters and other insurance professionals. The International Risk Management Institute Inc.,

Security 136

Security Insurance Risk Education 136

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? Insurance policies can help your business cover the costs of both minor and major incidents.

Insurance 52

Insurance Liability Electrical Accidents 52

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

SEPTEMBER 13, 2022

In most cases, that’s what insurance is for, and the contractor will typically initiate a claim against their policy to take care of it. But who can actually file a claim against the contractor’s insurance? And what if the insurance won’t cover all or some of the costs? Who can file a claim with the contractor’s insurance?

Insurance 52

Insurance Claims Liability Accidents 52

Levelset

OCTOBER 13, 2022

To help your business remain viable, contractor’s insurance should be a crucial part of your financial strategy. Insurance also puts other parties’ minds at ease when they want to hire you as a specialty contractor. A certificate of insurance (COI) is a valid form used to prove that you carry the appropriate insurance policy.

Insurance 52

Insurance Certification Contractors Liability 52

Levelset

SEPTEMBER 20, 2022

HVAC contractor insurance is the primary way to help protect your financial interest if things go wrong on the job. This contractor’s insurance solution is typically the most cost-effective means to secure coverage and give you peace of mind. What is HVAC contractor insurance? Who needs HVAC insurance?

Insurance 52

Insurance Contractors Liability Accidents 52

Green Industry Professionals

JANUARY 5, 2018

Fines totalling more than £150,000 handed down over use of private detectives to illegally obtain private banking records An insurance firm and two senior figures connected with the company have been given record fines for using private detectives to illegally obtain the private banking records of a businessman they were investigating.

Insurance 111

Insurance Banking Security Industrial 111

NH Construction Law

JULY 26, 2020

“May unintentionally faulty subcontractor work that damages an insured’s work product constitute an ‘accident’ under a commercial general liability insurance policy?” But what makes Skanska interesting is that the court took pains to distance itself from an earlier Michigan decision, Hawkeye-Security Ins.

Insurance 40

Insurance Liability Accidents Michigan 40

Contractor Connection

NOVEMBER 13, 2023

Temporary housing is a critical, yet often underappreciated, facet of the insurance and property management industries. Temporary housing’s core purpose is to provide swift and secure shelter, helping policyholders regain a sense of normalcy while mitigating the additional financial burden they may face.

Housing 40

Housing Insurance Security Bidding 40

Construction Business Owner

JUNE 26, 2013

For most businesses, workers’ compensation is the largest insurance expense line item. Being able to secure the lowest possible premium and reduce the impact of an audit will help you avoid the headaches many companies face in managing this insurance.

Compensation 246

Compensation Insurance Security Management 246

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.

Green 293

Green Debt Security Commercial 293

Job Order Contracting

SEPTEMBER 18, 2023

. #5 Understand Your Products, Material, and Labor Costs/Pricing Factors that impact local market costs: Availability and demand for a product. contact-form] The post Objective, reliable, and veriable Construction Cost Estimates appeared first on 4BT.

Estimating 200

Estimating Construction CSI Compensation 200

Construction Specifier

OCTOBER 9, 2023

In 2018 (latest data available), insurance companies paid nearly $1 billion in lightning-related claims to some 78,000 policy holders, according to the Lightning Protection Institute (LPI). Beyond physical building damage, lightning poses a threat to data, security, and all electrical and electronic components in a building.

Insurance 62

Insurance Claims Commercial Electrical 62

ENR Construction

MARCH 15, 2023

A t CERAWeek by S&P Global conference in Houston, Russia actions trigger more intense scrutiny by record 7,200 attendees to insure global energy security, affordability and transition

Houston 36

Houston Insurance Conference Security 36

ENR Construction

MARCH 15, 2023

A t CERAWeek by S&P Global conference in Houston, Russia actions trigger more intense scrutiny by record 7,200 attendees to insure global energy security, affordability and transition

Houston 36

Houston Insurance Conference Security 36

Construction Business Owner

DECEMBER 19, 2013

Since the creation of Subcontractor Default Insurance (SDI) in 1995, contractors have developed many informed and uninformed perspectives about this insurance product and how it functions. Multiple insurance carriers now widely use and offer SDI as a risk management tool to secure subcontractor performance.'

Insurance 120

Insurance Security Risk Products 120

NH Construction Law

AUGUST 31, 2023

Subrogation – the right of an insurer, upon paying an injured party’s damages arising out of a negligence claim, to chase the negligent party for reimbursement – is a staple of the law. ’” Security Fence Co. And the insurer will have no say in the matter. ” Chase v. . Association , 101 N.H.

Insurance 40

Insurance Liability Claims AIA 40

Construction Law

DECEMBER 5, 2023

Costs Security for costs: a lottery or an established well-honed process? In a climate where the financial position of parties to construction litigation is increasingly precarious, Karen Gough of 39 Essex Chambers revisits the principles upon which security for costs may be granted by the Court.

Construction 52

Construction Insurance Claims Procurement 52

Levelset

SEPTEMBER 12, 2022

” You may already have an insurance policy that offers coverage for business property and general liability. An installation floater is a form of insurance coverage that protects the value of building materials that will become a permanent part of a commercial or residential structure. Who needs installation floater insurance?

Insurance 52

Insurance Liability Risk Materials 52

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

BD+C

JUNE 5, 2023

The assessment of wind damage is important for both property owners and insurers because it helps to identify the extent of damage, necessary repairs, potential safety hazards, and facilitates progress toward eventual remediation. For example, the TWIA has specific requirements for the design and installation of replacement roofs.

Structural Engineering 98

Structural Engineering Insurance Engineering Guidelines 98

Construction Business Owner

APRIL 21, 2015

A report by Symantec on internet security found that 61 percent of small and midsize businesses experienced a cyberattack in 2013. The average cost of those attacks have increased 26 percent, yet surveys indicate only 31 percent of companies have cyber insurance.'

Risk 120

Risk Insurance Security Construction 120

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.

Documentation 120

Documentation Insurance Legal Liability 120

Levelset

APRIL 1, 2022

Materials, insurances, permits, payroll, and other typical costs are relatively simple to account for. Luckily, there are insurance policies that will replace the cost of the stolen goods, such as builders risk insurance. Insurance claims. Secure the site. The most obvious move is to secure the site.

Site 52

Site Cash Flow Insurance Construction 52

BD+C

SEPTEMBER 21, 2023

Homeowners should also check with their insurance as the additional fire protection that “SAFTI FENCE ” provides may help reduce their premiums. These options, coupled with high tech security options available today such as infrared cameras, alarm systems, motion detectors and facial recognition software, make this truly a “SAFTI FENCE ”.

Safety 98

Safety Security United States Commissioning 98

Construction Test

MAY 1, 2020

The ECB will gain an insurance pay-out worth around £12million if this summer’s Test series against West Indies, which will be postponed on Thursday, is rescheduled behind closed doors or even cancelled. Any insurance claim must wait until after an official cancellation.

Insurance 26

Insurance Permits Income Claims 26

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.

Risk 97

Risk Defense Organization Insurance 97