Levelset

SEPTEMBER 13, 2022

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? Can the property owner file a claim, or does the contractor need to submit it? State requirements.

Insurance 52

Insurance Claims Liability Accidents 52

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

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

Building Radar

JULY 15, 2024

Navigating the insurance requirements for construction projects can be daunting. Insurance plays a crucial role in managing risks and ensuring the successful completion of any construction project. It covers bodily injury, property damage, and personal injury claims that arise during the course of a project.

Insurance 52

Insurance Liability Construction Risk 52

Levelset

SEPTEMBER 7, 2022

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.

Liability 52

Liability Insurance Injury Contract 52

Levelset

SEPTEMBER 19, 2022

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.

Insurance 52

Insurance Liability Compensation Claims 52

Levelset

SEPTEMBER 2, 2022

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.

Insurance 52

Insurance Liability Claims Injury 52

Levelset

SEPTEMBER 23, 2022

Luckily, that’s what insurance is for, right? Does a general contractor’s insurance cover their subcontractors’ accidents or mistakes? While there isn’t a cut-and-dry answer to these questions, we’ll take a deeper look into insurance coverage and what happens in these situations. Who is covered by an insurance policy?

Insurance 52

Insurance Liability Accidents Risk 52

Best Practices Construction Law

FEBRUARY 21, 2018

Reading and understanding an insurance policy on a construction project can be a lot like understanding my kids playing Speak Out. Proper insurance coverage is an important risk management tool for contractors, subcontractors, project owners/developers and design professionals. Nautilus Insurance Co. ,

Insurance 54

Insurance Subcontracting Injury Construction 54

ENR Construction

NOVEMBER 26, 2024

Insurers have resorted to racketeering statutes in recent years to combat alleged fraud.

Insurance 41

Insurance New York Injury Claims 41

Wolgast Corporation

JULY 6, 2022

They have collected data from years 2014-2021 and have determined that there is an average of 60 vehicle/building impacts daily, 500 deaths annually, and 4,000 injuries each year. The emergency response report is also useful in your insurance claim for timing and dates.

Insurance 118

Insurance Claims Safety Michigan 118

Construction Dive

FEBRUARY 12, 2014

By Bruce Jervis Commercial general liability (CGL) insurance policies have been the source of much controversy in the construction industry. The policies insure against personal injury or property damage caused by an occurrence during the contractor’s performance of the work. Insurers certainly don’t intend them to.

Insurance 56

Insurance Contractors Liability Injury 56

FDR Safety

OCTOBER 29, 2014

On-the-job accidents that result in worker deaths typically make news headlines, but for all the attention that news coverage brings to workplace safety issues, it misses an important point: more than 96 percent of fatal injuries occur outside the workplace. The indirect costs are nearly identical to those associated with on-the-job injuries.

Injury 120

Injury Accidents Safety Employment 120

Levelset

AUGUST 5, 2022

Construction insurance can be confusing. Each contractor and party to the project has their own insurance, which may or may not be adequate to protect the work they’re performing. Learn more: What types of insurance do contractors need? Learn more: What types of insurance do contractors need? CCIP vs. OCIP insurance.

Insurance 52

Insurance Liability Claims Construction 52

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

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

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

AUGUST 27, 2015

The latest edition of the annual Injury Facts book published by the National Safety Council is out, and while company CEOs and safety directors might not take the time to read all 210 pages, there is one set of statistics worth special attention. FDRsafety names three regional business managers. Join Our Mailing List. By Fred Rine.

Accidents 120

Accidents Safety Statistics Injury 120

Contractor Bookkeeping

SEPTEMBER 23, 2013

Guest Blogger : Patti McQuinn, Massage Therapist, Luna Massage Therapy She is a provider for many insurance companies such as Aetna, Premera and Regence, plus auto accidents and Workman''s Comprehension (L&I) claims. Repetitive stress injury. Repetitive stress injuries can be prevented and minimized. About the Author.

Injury 49

Injury Accidents Insurance Schedule 49

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? Insurance policies can help your business cover the costs of both minor and major incidents.

Insurance 52

Insurance Liability Electrical Accidents 52

Safety Services Company

AUGUST 21, 2020

Insurance companies use the number to assess the cost of injuries and future risks. Your company has filed one or more workers’ compensation claims. When this happens, your insurer raises your insurance premium to mitigate risk. you will pay about 20% more for insurance. Calculating EMR.

Insurance 62

Insurance Compensation Injury Claims 62

Levelset

SEPTEMBER 20, 2022

Heating, ventilation, and air conditioning (HVAC) contractors must protect their business property while reducing the odds that a job-related accident or injury could financially harm their business. HVAC contractor insurance is the primary way to help protect your financial interest if things go wrong on the job.

Insurance 40

Insurance Contractors Liability Accidents 40

Levelset

SEPTEMBER 8, 2022

When it comes to protecting your contracting business from claims and lawsuits, it can be tough to know what type of insurance you should purchase. Liability insurance protects your business against claims for damages caused by you and your workers, if you have any. General liability insurance.

Liability 52

Liability Insurance Claims Legal 52

Best Practices Construction Law

NOVEMBER 2, 2012

Over my legal career, I have handled a significant amount of workers' compensation disputes, representing injured employees, defending employers and insurance carriers, and even a few years working for an appellate judge that addressed workers' compensation appeals. The National Council on Compensation Insurance, Inc. Why the increase?

Compensation 48

Compensation Insurance Claims Employment 48

Levelset

AUGUST 24, 2022

Construction businesses need many different types of insurance to mitigate the risks associated with building projects. Two of the most common insurance policies that contractors have are builder’s risk and general liability, which serve very different purposes. What is builder’s risk insurance?

Liability 52

Liability Risk Insurance Contractors 52

Safety Services Company

DECEMBER 1, 2020

Per OSHA’s regulation 29 CFR 1904, employers with more than 10 employees are required to keep a record of serious work-related injuries and illnesses. For example, accidentally reporting an injury that did not occur on the jobsite or reporting a cut or scrape that isn’t a recordable accident could have dire consequences. What is TRIR?

OSHA 62

OSHA Accidents Injury Compensation 62

Levelset

SEPTEMBER 16, 2022

If a contractor’s work fails after a project is complete, completed operations insurance can help cover some of the expenses. It is sold as an extension to your general liability insurance policy and may be required by the state you work in or the project owner. Learn more: The most common types of insurance policies in construction.

Insurance 52

Insurance Liability Claims Contractors 52

Safety Services Company

OCTOBER 9, 2017

Your EMR is the number insurance carriers look at when determining what you’ll pay for a Workers’ Compensation premium. It reflects your company’s past injury and illness incidents and lets the insurance carrier calculate future risk. This also means that they will be paying up to 10 percent more in insurance premiums.

Compensation 48

Compensation Insurance Injury Risk 48

Autodesk Construction Cloud

FEBRUARY 25, 2022

EMR is a value calculated by insurance carriers and is an indication of Worker’s Compensation claims history. RIR describes the rate of employees per 100 full-time employees that have been involved in a recordable injury or illness. . Formula: Net Income / Total Revenue . SAFETY RATES & METRICS .

Safety 94

Safety Debt Liability Equity 94

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. Find out about injuries – Check yourself and others to make sure that no one is injured.

Accidents 48

Accidents Injury Insurance Roads 48

Pro Builder

AUGUST 5, 2022

Consider these elements of a training and awareness program to save lives, mitigate injuries, and reduce liability and costs . Scott Smith, corporate director of safety management services for Selective Insurance Group , a holding company for 10 property and casualty insurers, sees it more simply. Fri, 08/05/2022 - 07:00.

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Safety Resource Injury Construction 72

Contractor Bookkeeping

JUNE 15, 2012

We strongly recommend a Subchapter S Corp (a Sub S) for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. Insurance - Is critical to your construction company. Talk to an insurance agent that understands construction about your insurance needs.

Contractors 48

Contractors Insurance Claims Lien 48

Safety Services Company

SEPTEMBER 25, 2014

At this year’s National Safety Council (NSC) expo, it was reported that workplace injuries and fatalities cost businesses an estimated $198.2 businesses are realizing that developing and implementing comprehensive Injury and Illness Prevention Programs (IIPP) not only reduces costs, it can improve morale and improve profitability.

Safety 48

Safety OSHA Injury Compensation 48

Levelset

MAY 16, 2022

The Act establishes a registration program for home improvement contractors, along with required contract provisions, minimum insurance coverage, and more. Insurance coverage. The Act also requires a minimum amount of insurance coverage when working on home improvement projects. Notice of right of rescission.

Pennsylvania 98

Pennsylvania Residential Contractors Contract 98

Construction Lawyer

AUGUST 28, 2013

This law, Public Act 098-0548, codified at 735 ILCS 5/2-2301, applies to “personal injury, property damage, wrongful death, or tort action involving a claim for money damages.” Many construction cases involve either personal injury or property damage claims. insurance litigation news'

Illinois 40

Illinois Lien Claims Insurance 40

Construction Lawyer

APRIL 19, 2009

The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. Economic Loss Doctrine bars Nevada claims against Architect. He has handled all facets of litigation from pleading to motion practice to discovery to trial.

Nevada 40

Nevada Claims Illinois AIA 40

Construction and Infrastructure Law

SEPTEMBER 29, 2020

The basis for the second holding is that the discovery rule of accrual is based in equity, whereas a disgorgement claim is not intended to compensate claimant for any injury, but to punish the unlicensed contractor, and therefore is not subject to equitable considerations.

California 76

California Contractors Compensation Los Angeles 76