article thumbnail

Protecting Against Environmental Risk in Changing Climates

Construction Business Owner

This is on top of the growing array of emerging contaminant liability claims that increasingly plague jobsites and the rise of nuclear verdicts in the casualty line sector that grew by 335% from 2012 to 2019 according to American Transportation Research Institute.

Risk 367
article thumbnail

Tenant’s New Defense to Hazardous Substance Liability

Green Building Law Update

The Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA, commonly referred to as Superfund), 42 U.S.C. provides an important liability protection, including from cleanup costs, for parties who qualify as bona fide prospective purchasers (BFPPs). 9601 et seq.,

Liability 149
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

IRMI Workshop Highlights Latest Contractors Professional Liability Exposures & Insurance Options

Construction Business Owner

BORDENTOWN, NJ (December 12, 2012) – Hundreds of insurance professionals attending the highly successful forum on “Contractors Professional Liability Insurance - A Visit with Underwriters” at the 32nd IRMI Construction Risk Conference in Orlando, Florida were recently rewarded with the expert insights of leading risk management executives discussing (..)

Liability 120
article thumbnail

Hidden Risks: Cyber Crime

Construction Business Owner

You have probably been hearing more about the concept of cyber liability from your insurance broker. Your construction firm is not likely selling products or services over the Internet, so you may be wondering why you would need cyber liability insurance. In 2012, Blue Cross Blue Shield of Tennessee paid a $1.5

Risk 204
article thumbnail

Tenants Order Phase l to Avoid Hazardous Substance Liability

Green Building Law Update

The Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA, commonly referred to as Superfund), 42 U.S.C. provides an important liability protection, including from cleanup costs, for parties who qualify as bona fide prospective purchasers (BFPPs). 9601 et seq., 9601 et seq.,

Liability 120
article thumbnail

Navigating A&E Professional Liability

Construction Business Owner

in 2012, totaling 87 billion square feet of floor space. The American Institute of Architects' (AIA) semi-annual Consensus Construction Forecast recently projected that spending will increase by nearly 9 percent this year, with another 8 percent gain in 2016. Size is also an issue. million commercial buildings in the U.S.

Liability 120
article thumbnail

OSHA extends record-keeping liability to five years

FDR Safety

18, is OSHA’s response to a 2012 U.S. The post OSHA extends record-keeping liability to five years appeared first on FDRsafety. The new regulation, which takes effect Jan. Review your OSHA 300 Logs for accuracy and completeness at the end of 2016.

OSHA 120