Construction Business Owner

MAY 29, 2014

Performance leads to profits, and fewer accidents result in fewer expenses and insurance claims.' Operators who know how to properly and safely use their equipment are not only much more likely to operate it safely, but they also are able to work faster and more efficiently, leading to better overall performance.

Safety 294

Safety Accidents Profitability Insurance 294

Construction Marketing

MARCH 2, 2023

But first, it is important to understand that every case is unique, and you should always consult with a qualified construction accident injury attorney to get specific advice about your situation. Help with negotiations This can be difficult, as insurance companies are often reluctant to pay large settlements.

Injury 276

Injury Site Defense Compensation 276

Construction Dive

JULY 14, 2020

The court decided on the definition of "accident" as it pertained to the offending subcontractor's insurance coverage because the policy itself offered no definition.

Michigan 154

Michigan Accidents Insurance Contractors 154

Levelset

MAY 23, 2022

Whether it’s the risk of an unexpected accident or a project running over schedule and costing you money, there are many things that can go wrong. One way to help protect yourself from some of these perils is by having business interruption insurance for construction. What does business interruption insurance cover ?

Insurance 97

Insurance Contractors Construction Claims 97

Levelset

SEPTEMBER 14, 2022

Business insurance can help mitigate occurrences or disasters that can severely impact or destroy the good standing of your business. Let’s take a look a subcontractor insurance: when it’s needed, what happens if a sub goes uninsured, and what policies subs can use to protect their businesses from risk.

Insurance 98

Insurance Liability Claims Injury 98

Best Practices Construction Law

NOVEMBER 11, 2013

Police and fire investigators have determined that the truck driver’s death was a workplace accident and not a crime. Examples like this are good reminders of the lessons to learn when investigating or handling an accident on a construction site. These include: Prepare before the accident. Manage the accident documents.

Accidents 86

Accidents San Francisco Site OSHA 86

Construction Dive

JUNE 26, 2019

The technology can help prevent accidents, improve efficiencies and enhance quality of life for construction workers, says an insurance official working with contractors on pilot programs.

Feasibility 131

Feasibility Accidents Insurance Construction 131

BD+C

FEBRUARY 28, 2014

Construction contractors and developers in New York state face $3 billion more in costs and 667 more accidents per year because of a state law that holds builders solely liable for such accidents, according to a study commissioned by the New York Civil Justice Institute. Legislation Codes and Standards'

New York 71

New York Insurance Liability Injury 71

Safety Services Company

MARCH 13, 2014

Citing the amount of time consumed filling accident reports on non-injury accidents (estimated at 250 hours a week); there are a number of cities where police have decided not to respond to non-injury traffic accidents. This is good information to have even if you’re in an area where the police do respond to accidents.

Accidents 49

Accidents Injury Insurance Roads 49

Construction Business Owner

JUNE 17, 2015

The contractor said, "There's been an accident; two of our workers are dead." Finally, his insurance broker would mobilize its claims, safety and risk management personnel to assist after these men prematurely lost their lives. He explained that a motorist had driven into the work zone, striking and killing two employees.

Safety 120

Safety Accidents OSHA Zoning 120

Best Practices Construction Law

SEPTEMBER 22, 2020

You probably saw last month’s report about a major accident at a construction site in downtown Miami, Florida. This is a good reminder of the lessons to learn when investigating or handling an accident on a construction site. These include: Prepare before the accident. Act diligently when an accident occurs.

Accidents 62

Accidents Site OSHA Miami 62

Levelset

SEPTEMBER 23, 2022

Accidents happen, especially in construction. Luckily, that’s what insurance is for, right? Does a general contractor’s insurance cover their subcontractors’ accidents or mistakes? Who is covered by an insurance policy? The car owner can’t go after a different contractor’s insurer for the damage.

Insurance 52

Insurance Liability Accidents Risk 52

Wolgast Corporation

AUGUST 1, 2024

I chose to discuss Insurance Claims in this blog because when the time comes, some business owners have never been through the process and may not know what to expect. It could be the effects of a variety of storms, an accident, fire, or vandalism damages on your building. When did the loss or damage happen?

Insurance 62

Insurance Claims Commercial Accidents 62

Levelset

SEPTEMBER 30, 2022

Insurance is one part of a strategy to keep your carpentry business financially healthy. You can practice safety and use common sense on the job, but there’s no way to predict when accidents or injuries might occur. To minimize any financial damage, a comprehensive carpenter’s insurance plan is a smart bet. .

Insurance 52

Insurance Liability Accidents Injury 52

FDR Safety

APRIL 13, 2015

The launch of this program recognizes a very important issue in safety – the vast majority of accidents involving workers occur when they are off the job. Yet the costs are still there, in the form of pain and suffering for workers and their families, lost time and insurance claims. Accident Prevention'

Safety 120

Safety Accidents OSHA Inspections 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. Final Thoughts.

Documentation 120

Documentation Insurance Legal Liability 120

FDR Safety

MARCH 19, 2014

Michaels called on the communication tower companies to train incoming workers, make sure they are provided with fall protection equipment and insure that workers actually use the equipment. Accident Prevention Enforcement OSHA' In 2013, 13 workers in the industry died at worksites, more than the two previous years combined.

OSHA 120

OSHA Accidents Income Insurance 120

Construction Business Owner

DECEMBER 9, 2011

INSURANCE |. Fewer accidents also mean lower insurance premiums, which mean lower labor costs. The more accidents and safety violations you have on a job, the more the job is going to cost; and the last time I checked you can’t submit a change order just because your team got hurt on the job! STRATEGY |. MANAGEMENT |.

Construction 136

Construction Insurance Software Software 136

Levelset

OCTOBER 14, 2022

Plumbing contractors should include business insurance as an integral part of their financial strategy. With numerous policies available, the plumbing contractor’s insurance landscape offers many ways for you to protect your physical and financial business assets. What is plumber’s insurance? Worker injury.

Insurance 52

Insurance Liability Injury Compensation 52

Construction Marketing

JANUARY 19, 2022

Insurance: It’s also crucial to ask your prospective contractor if they carry insurance coverage that protects you from their misconduct, accidents, and agreement errors. . For instance, you can ask them how long they’ve been in business. The more experienced they are, the more you can get a favorable outcome.

Contractors 240

Contractors Insurance Certification Deals 240

Construction Law Monitor

DECEMBER 27, 2012

Back in 2009 this blog reported on the very topic of Workers Compensation insurance, stating that 1 and 5 businesses are breaking workers compensation laws. The main reason being is due to the exorbitant price of this insurance on contractors. Workers Compensation is codified in Louisiana under Revised Statute 23:1021 et seq.

Compensation 51

Compensation Insurance Louisiana Contractors 51

Levelset

SEPTEMBER 13, 2022

Mistakes and accidents happen, and some of those issues can be extremely expensive. 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? Let’s take a look. State requirements.

Insurance 52

Insurance Claims Liability Accidents 52

Best Practices Construction Law

FEBRUARY 20, 2013

" While the explosion in Kansas does not appear to have involved an accident at a construction site, early reports do indicate that the cause may have been a contractor performing underground work that struck a gas line. In any event, there are some lessons to learn when investigating or handling an accident on a construction site.

Accidents 48

Accidents Site Kansas City Kansas 48

FDR Safety

NOVEMBER 20, 2012

Just because you hire contract workers from a staffing company doesn’t mean that your obligation to assure that they are properly trained in safety is any less. That is an important point made by Dave Hoover in the current Forklift Training Systems newsletter.

Safety 120

Safety Insurance Employment OSHA 120

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? Not all accidents that happen on jobs are large-scale and catastrophic.

Insurance 52

Insurance Liability Electrical Accidents 52

FDR Safety

AUGUST 27, 2015

Employers may erroneously assume that the workplace statistic is the only one relevant to them, but the fact is that no matter where accidents occur, the consequences are in many ways the same. And for companies there are other kinds of costs as well, no matter where an accident occurs. About half occur in the home.

Accidents 120

Accidents Safety Statistics Injury 120

Levelset

AUGUST 31, 2022

Whether you’re just starting your business or looking to change insurance carriers, it pays to go with a company that has experience and knowledge in providing insurance for the construction industry. These days you can purchase insurance on your own or go through a local agent. Best construction insurance companies.

Insurance 52

Insurance Liability Compensation Construction 52

FDR Safety

OCTOBER 29, 2014

Off-the-job accidents: hidden costs to employers. Off-the-job accidents: hidden costs to employers. Direct costs include short-term and long-term disability payments and increased health insurance premiums. Accident Prevention Training' Motivating workers to be safe – 24/7. Join Our Mailing List. By Fred Rine.

Injury 120

Injury Accidents Safety Employment 120

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. At the core, you have property coverage for your tools and equipment, along with a liability component that protects your financial assets in case there’s a work-related accident or injury that you may have some responsibility for. .

Insurance 52

Insurance Liability Equipment Agreement 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

Best Practices Construction Law

NOVEMBER 11, 2013

Police and fire investigators have determined that the truck driver''s death was a workplace accident and not a crime. Examples like this are good reminders of the lessons to learn when investigating or handling an accident on a construction site. These include: Prepare before the accident. Organize post-accident activities.

Accidents 48

Accidents San Francisco Site OSHA 48

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

FDR Safety

JULY 12, 2016

OSHA’s new, misguided requirement for detailed electronic reporting of injury and illness data by employers has come under legal challenge by a coalition of trade associations, employers and an insurance company. OSHA contends that such programs may encourage the under-reporting of illnesses and injuries.

Injury 120

Injury Legal OSHA Employment 120

Construction Business Owner

APRIL 5, 2012

INSURANCE |. This, after all, is the foundation of the insurance industry. And risk can be a profit center, since insurance companies obviously make money. So what do construction and insurance companies have in common? Well, consider the business model of the insurance industry. STRATEGY |. MANAGEMENT |.

Risk 120

Risk Insurance Construction Software 120

Construction Marketing

MAY 19, 2021

As an employer, you should stick to these guidelines as they keep your workers safe and insure you from hefty fines in natural accidents. For instance, the U.S. has the Occupational Safety and Health Administration (OSHA).

Safety 183

Safety Construction Guidelines Employment 183

Pro Builder

NOVEMBER 17, 2020

There should be a detailed safety training program in place to prevent jobsite accidents, which then inherently lowers workers’ compensation costs. Some incidents cannot be prevented, such as accidents that even builders with a safety-first mentality encounter. When that happens, there should be another plan in place.

Compensation 76

Compensation Plans Accidents Insurance 76