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Rising Construction Costs Lead to Higher Risks

Construction Business Owner

Rising Construction Costs Lead to Higher Risks PCF Construction offers insight on current market construction risks and how to take control mhodges Tue, 11/07/2023 - 09:13 One of the most pressing issues in the construction industry today is the unforeseen or unintended increase in risk exposures due to rising construction costs.

Risk 354
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How to Get Better Options in Today’s Hard Insurance Market

Construction Business Owner

How to Get Better Options in Today’s Hard Insurance Market. One thing underwriters have made abundantly clear during this challenging renewal environment is that simply blasting a submission to multiple insurance carriers to find competitive pricing, will not produce the effective results it may have in the past. Risk Management.

Insurance 156
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Project Protection 101: Exclusive Insights for Cost Challenges

Construction Business Owner

Project Protection 101: Exclusive Insights for Cost Challenges PCF Construction offers insight on current market construction risks, and how to take control. These costs have surged due to a combination of factors, including supply chain disruptions, and high demand.

Insurance 156
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Construction Insurance Rates Predicted To Increase

Construction Law Monitor

According to a recent Press Release from Marsh , a leader in insurance broking and risk management, construction firms across the U.S. Insurance rates have been declining for close to a decade, but rates are forecasted to increase between 8 and 10 percent. Being insured is a major expense in all construction companies.

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How to Step Up Your Game on Loss Control & Claims Management

Construction Business Owner

Achieving favorable terms in a hard property & casualty insurance market. One thing underwriters have made abundantly clear during this challenging renewal environment is that simply blasting a submission to multiple insurance carriers to find competitive pricing, will not produce the effective results it may have in the past.

Claims 156
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California Increases Enforcement of Roofing Safety Standards

Safety Services Company

The California Department of Industrial Relations (DIR) has announced the launch of the Roofing Compliance Working Group (RCWG) to increase the enforcement of safety and labor law standards in the industry. Cal/OSHA roofing regulations can be found in sections 1730 and 1731 of Title 8 of the California Code of Regulations.

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California, New Jersey, and Illinois Top List of Markets Most Vulnerable to a Downturn

Pro Builder

California, New Jersey, and Illinois Top List of Markets Most Vulnerable to a Downturn. Several regional markets in California, New Jersey, and Illinois are at risk of a downturn as the housing market cools off from a mid-pandemic buying frenzy . Fri, 09/16/2022 - 10:20. Nationwide, 5.9