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Does Your Construction Business Need Employment Practices Liability Insurance?

Construction Business Owner

The United States Equal Employment Opportunity Commission received 84,254 discriminatory employment practices complaints last year. In addition to lawsuits filed by private citizens, claims filed by federal, state and city regulators are causing more businesses to purchase Employment Practices Liability Insurance (EPLI).

Liability 209
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Crime & Employment Practices Liability Insurance

Construction Business Owner

While crime exposures for some businesses can be measured and quantified by the amount of cash or other valuables on hand, employee fidelity claims in the construction industry and the losses arising out of such acts can be difficult to identify or quantify. No construction firm is immune to employee dishonesty or crime losses.

Liability 147
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The Startup Construction Business Checklist: 3 Important Documents You Need to Have

Construction Marketing

A construction business needs need public liability insurance , and employersliability insurance if you employ staff. Although public liability insurance is not a legal requirement, it should be regarded as essential.

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Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

“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.

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Construction Liability Issues: Common Risks and How to Mitigate Them

Building Radar

From safety hazards to contractual disputes, the industry faces numerous liability issues that can lead to costly legal battles, project delays, and financial losses. In this article, we’ll explore some of the most common construction liability issues and provide strategies to address them effectively.

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Say What? The Rise of Criminal Liability for Construction Accidents

Best Practices Construction Law

Safe projects are more likely to be profitable projects due to lack of delays and prevention of claims for jobsite injuries. For employers, criminal liability for job site construction accidents is more and more a concern. Prosecutors claim the employer was pushing the men to work faster because the project was behind schedule.

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Safety First, Bidding Next: How Safety & Compliance Wins Contracts

Safety Services Company

With growing scrutiny on job site dangers and liability concerns, prioritizing safety is crucial in sustaining a competitive edge. A Good Safety Record Presents You as a Lower Risk Liability Contractors frequently operate in risky and hazardous environments. demonstrates significantly lower past claims than the industry average.

Safety 126