As renewable and sustainable building projects rise across Canada, contractors and designers must address new risks, from ...
If you’ve ever retained a home-improvement contractor, you’ve almost certainly received enthusiastic assurances that he or she is “licensed and insured.” But what exactly does that mean the context of ...
Understanding Construction Contract Insurance Requirements: How to Avoid Costly Gaps and Legal Risks
It is critical for contractors to understand the insurance requirements in construction contracts, as these projects carry very high levels of liability and risk. Construction involves moving ...
Construction risks are evolving as threats to jobsites evolve. Thankfully, builders risk insurance is evolving as well.
Modular construction has gained significant popularity in recent years, with an estimated market size of $131.58 billion by 2030, according to Fortune Business Insights. Modular construction involves ...
How thoughtful underwriting, realistic capacity, and builder-specific insight can keep custom home projects insurable ...
This article will examine three Insureds, their respective projects, and how project losses and builder’s risk insurance claims affected ...
Licensed contractors are responsible for supervising every aspect of work on construction projects and are usually the proprietors of construction companies. The companies are held liable whenever any ...
A West Virginia appeals court just changed the game for commercial liability insurers in a high-stakes construction defect ...
In every industry, rising costs have been a common occurrence for the past few years, and consumers have noticed higher prices across a wide range of goods and services. On Long Island, builders have ...
Construction insurance premiums of all kinds rose 4.6% in the first quarter of 2024, according to a midyear market report by the Council of Independent Insurance Agents & Brokers. The data was ...
At the IRMI Construction Risk Conference (CRC), illumend ™, the next-generation, AI platform redefining how companies manage third-party risk and insurance compliance, will offer a sneak preview of ...
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