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Professional liability insurance provides contractors coverage from financial losses that happen as a result of their errors, mistakes, or negligence. In that case, professional liability insurance would generally provide the plumber with reimbursement for legal fees, settlements, and judgments.
“If something goes wrong, liability could hit the GC’s policy, which dilutes liability insurance limits, negatively impacts their claims history, and forces them to deal with a claim that’s not really their fault.”. General liability insurance. Business auto insurance.
Errors and omissions (E&O) insurance covers contractors against financial loss resulting from mistakes, errors, or claims of negligence. While general liability insurance covers against claims related to injury or property damage, errors and omissions insurance protects from lawsuits related to financial loss.
Because of the potential liability and added complexity and legal issues involved in a fatality or catastrophic accident, the company should insist that legal counsel be contacted immediately and, if at all possible, before OSHA is allowed to start its inspection or any information is provided. How much is the penalty? It never hurts to ask.
“We’re seeing companies going to their vendors and subs seeking to amend or add language to contracts to include certifications that they will be complying with relevant public health guidance and to clarify who is responsible for what and also, to the extent possible, to try to get indemnification in case there is a claim,” says Jessica T.
in attorneys’ fees to a homeowner who sued for $12,400 and won a $6,800 jury verdict on a breach of contract claim. on a $7,650 verdict under a Massachusetts anti-discrimination statute). A recent case from Tennessee affirmed an award of $201,255.50 Issa Construction, LLC, v. Blalock , No. E2020-00853-COA-R3-CV (Tenn. ”).
Just like with your paper application, you should examine your simple job application form for potential legal liabilities. Education requirements that go beyond the knowledge necessary for the job or questions about criminal history may make you vulnerable to discriminationclaims.
56% of trade contractors cite poor coordination and communication as negative impact on productivity 68% of trade contractors claim that poor schedule management is the top contributor to low productivity Only 22% of organizations use a PM software. Project Performance and the Liability of Group Harmony?, Klastorin, T. and Valluzzi, J.
Just like with your paper application, you should examine your simple job application form for potential legal liabilities. Education requirements that go beyond the knowledge necessary for the job or questions about criminal history may make you vulnerable to discriminationclaims.
Although the appeals court agreed that the superintendent's language and abuse were offensive, it did not establish a claim of unlawful same-sex discrimination. Ultimately, the appeals court concluded that there was insufficient evidence that the superintendent "acted on the basis of gender" in his treatment of the claimant.
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