Remove Claims Remove Consulting Remove Insurance
article thumbnail

5 Critical Factors of Effective Loss Control

Construction Business Owner

There are numerous resources to help construction companies prevent workers’ compensation claims. Companies can refer to their insurance carriers and agents or broker partners who employ consultants specializing in worker safety and injury prevention.

Injury 166
article thumbnail

Streamlining Commercial Property Claims Management with Commercial Managed Repair

Contractor Connection

For carriers, brokers, risk managers and adjusters this is not just a claim, it is a race against time. Embracing a commercial MRP is a powerful strategy to optimize the claims process, minimize delays and improve commercial loss management. Commercial managed repair programs (MRPs) are the solution to navigating this critical moment.

professionals

Sign Up for our Newsletter

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

article thumbnail

Rydon pays out £27m for Grenfell civil claim settlement

Construction Enquirer

Rydon said its settlement is being covered by its insurers. The civil claim is separate to the public inquiry into the fire, which finished taking evidence in November 2022 and is expected to issue its final report later this year. Lawyers for the BSR group took action against 22 firms in total.

Claims 131
article thumbnail

Tropical Storm Lee – Prepare for Insurance Claims

Construction Law Monitor

Contractors and property owners should be very knowledgable of the claims process after a natural disaster. Your insurer will assign a claims specialist to assess the damage and this person is who you will work with to obtain reimbursement. The final step is to hire an attorney to escalate your claim.

article thumbnail

How to File a Lawsuit After an Injury At a Construction Site?

Construction Marketing

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 255
article thumbnail

First-Party vs. Third-Party Insurance: What’s the Difference?

Levelset

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.

article thumbnail

What is Project Loss Insurance?

Levelset

Project loss insurance has the potential to save contractors from devastating project losses, no matter the cause. Project loss insurance, or PLI, is designed to mitigate catastrophic construction project losses. Project loss insurance coverage. How project loss insurance works. How much does project loss insurance cost?