Levelset

SEPTEMBER 14, 2022

“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. What happens when a subcontractor is uninsured?

Insurance 98

Insurance Liability Claims Injury 98

Building Radar

JULY 15, 2024

Common Types of Construction Insurance General Liability Insurance (CGL) Commercial General Liability (CGL) insurance is essential for both general and trade contractors. 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 19, 2022

Third-party insurance , also known as liability or casualty insurance, protects insured individuals or businesses in situations where they may be liable for damages to another person or business — the third party. The roofer’s general liability insurance covers claims related to injuries related to the customer’s fall.

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 30, 2022

You can practice safety and use common sense on the job, but there’s no way to predict when accidents or injuries might occur. Carpenter’s insurance is a financial instrument that helps protect your business if accidents, injuries, or illnesses occur in a work-related capacity. What is carpenter insurance?

Insurance 52

Insurance Liability Accidents Injury 52

Best Practices Construction Law

MAY 18, 2018

Last week marked the end of Construction Safety Week 2018 , a combined effort by the Construction Industry Safety (CISI) group and the Incident and Injury Free (IIF) CEO Forum. Safe projects are more likely to be profitable projects due to lack of delays and prevention of claims for jobsite injuries.

Accidents 48

Accidents Liability Safety Florida 48

Construction Marketing

JUNE 20, 2022

Construction is one of the most hazardous industries, with injuries occurring almost every year. Who’s Liable For Falling Debris Injuries? Regardless of the type of injury in the workplace, whether due to falling debris or poor safety practices, someone is always liable. What Are The Common Types Of Falling Debris?

Site 156

Site Injury Construction Safety 156

Levelset

OCTOBER 14, 2022

Plumbing contractor’s insurance may help your business stay afloat if accidents or injuries occur on the job. A plumbing contractor’s insurance policy covers claims for property damage, but it may also help defend against lawsuits resulting from a work-related incident. Worker injury. Liability for damage.

Insurance 52

Insurance Liability Injury Compensation 52

Levelset

OCTOBER 13, 2022

Some parties — like owners and GCs — will want some assurances that any not-at-fault, job-related accidents or injuries will not cause them financial harm. Aside from owners and GCs, a government entity may want to see proof of liability insurance. There are a few parties that might require a COI from your contracting business.

Insurance 52

Insurance Certification Contractors Liability 52

Autodesk Construction Cloud

FEBRUARY 25, 2022

Formula: (Cash and Cash Equivalents + Marketable Securities + Accounts Receivables) / Current Liabilities . Like the Quick Ratio, Current Ratio measures a company’s ability to pay off its short-term liabilities with its current assets. Formula: Current Assets / Liabilities . Formula: Total Liabilities / Total Assets .

Safety 94

Safety Debt Liability Equity 94

Levelset

SEPTEMBER 23, 2022

If a sub accidentally drops a steel beam on the project manager’s new sports car, that subcontractor’s liability insurance policy would likely cover the damage. However, the types of policies and their limits (the maximum amount claims can pay out) are limited. General liability insurance. Subcontractor default insurance.

Insurance 52

Insurance Liability Accidents Risk 52

Levelset

AUGUST 5, 2022

With so many policies on a project, there’s a good chance that coverage is overlapped, and a claim could cause insurers to battle with each other over who’s at fault. An Owner-Controlled Insurance Program (OCIP) is a wrap policy held by the property or project owner that provides comprehensive liability coverage on a project.

Insurance 52

Insurance Liability Claims Construction 52

Levelset

SEPTEMBER 16, 2022

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. Completed operations insurance covers property damage or injury caused by work that a contractor performed in the past. Completed operations covers liability from work that is already completed (i.e.,

Insurance 52

Insurance Liability Claims Contractors 52

Levelset

AUGUST 31, 2022

They offer a full range of business insurance policies, including general liability, commercial auto, workers’ compensation, and umbrella. They provide general liability, property, subcontractor, and cyber protection. Next does not offer specialty coverage, like builders’ risk or pollution liability. Find an agent. Nationwide.

Insurance 52

Insurance Liability Compensation Construction 52

Levelset

SEPTEMBER 6, 2022

In short, an additional insured is typically another business entity or person who can be added to your business policy, securing the same liability protection that you do. The policyholder will also have certain duties to perform if an insurance claim is incurred and reported. Though not common, large and complex claims do occur.

Insurance 52

Insurance Liability Construction Contract 52

Green Building Law Update

OCTOBER 11, 2020

Those lawsuits primarily assert that the extraction, production, sale, and promotion of fossil fuels constitute a public nuisance and give rise to product liability under state common law and state consumer protection statutes; the plaintiffs are seeking relief largely in the form of compensatory and punitive damages.

Baltimore 207

Baltimore Maryland Claims Connecticut 207

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. The contract may ask that each sub carry a liability amount of $2 million, for example. Insurance Policies HVAC contractors need.

Insurance 52

Insurance Contractors Liability Accidents 52

Levelset

OCTOBER 20, 2022

You pay pennies on the dollar for coverage that could range into the millions for general liability (GL) insurance, for example. General liability insurance : A GL policy may help cover the cost of bodily injury or property damage that occurs on a jobsite. General liability may help pay for the cost of repair. .

Insurance 52

Insurance Liability Electrical Accidents 52

Best Practices Construction Law

MAY 27, 2016

I previously blogged about the rules relating to pass-through claims , where a prime contractor’s recovery from an owner for damages suffered by its subcontractor is limited in certain circumstances. KBR submits a certified claim with the Army for $10.4 In Kellogg Brown & Root Servs., million; and. million; and.

Claims 63

Claims Liability Contract Contractors 63

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

Construction Junkie

APRIL 30, 2020

By entering any contest, entrants agree to waive any and all claims against Contest Entities for personal injury, damage or loss of any kind which may result from participation in the Contest or from the receipt, enjoyment, ownership or use of any prize. GENERAL: This Contest is subject to all applicable federal, state and local laws.

Autodesk 52

Autodesk Claims Injury Liability 52

Construction Junkie

APRIL 29, 2020

By entering any contest, entrants agree to waive any and all claims against Contest Entities for personal injury, damage or loss of any kind which may result from participation in the Contest or from the receipt, enjoyment, ownership or use of any prize. GENERAL: This Contest is subject to all applicable federal, state and local laws.

Milwaukee 52

Milwaukee Claims Injury Liability 52

Construction Junkie

APRIL 28, 2020

By entering any contest, entrants agree to waive any and all claims against Contest Entities for personal injury, damage or loss of any kind which may result from participation in the Contest or from the receipt, enjoyment, ownership or use of any prize. GENERAL: This Contest is subject to all applicable federal, state and local laws.

ProCore 52

ProCore Claims Injury Liability 52

Construction Junkie

APRIL 28, 2020

By entering any contest, entrants agree to waive any and all claims against Contest Entities for personal injury, damage or loss of any kind which may result from participation in the Contest or from the receipt, enjoyment, ownership or use of any prize. GENERAL: This Contest is subject to all applicable federal, state and local laws.

Claims 52

Claims Injury Liability United States 52

Construction Junkie

APRIL 27, 2020

By entering any contest, entrants agree to waive any and all claims against Contest Entities for personal injury, damage or loss of any kind which may result from participation in the Contest or from the receipt, enjoyment, ownership or use of any prize. GENERAL: This Contest is subject to all applicable federal, state and local laws.

Claims 52

Claims Injury Liability United States 52

Pro Builder

AUGUST 5, 2022

Consider these elements of a training and awareness program to save lives, mitigate injuries, and reduce liability and costs . Selective Insurance recently released the results of a 10-year study of workplace injury trends , based on 110,000 workers’ compensation claims between 2011 and 2021. Fri, 08/05/2022 - 07:00.

Safety 72

Safety Resource Injury Construction 72

Construction Lawyer

MAY 30, 2012

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. Sabo & Zahn LLC is an Illinois Limited Liability Company. Unlimited liability for designers and contractors. Copyright Notice. Disclaimer.

Liability 40

Liability Contractors Design Illinois 40

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. But do the policies cover the work itself?

Insurance 58

Insurance Contractors Liability Injury 58

Green Building Law Update

MAY 24, 2020

With all 50 states now in some stage of reopening from coronavirus pandemic closures, many commercial real estate owners are questioning if they can be liable for damages when someone, whether an employee of the business tenant or someone else, claims to have contracted COVID-19 at their building.

Liability 177

Liability Commercial Claims Insurance 177

Construction and Infrastructure Law

SEPTEMBER 29, 2020

The basis for the first holding is that disgorgement is both a liability created by statute and a penalty, and therefore falls under Code of Civil Procedure Section 340(a), a one year statute of limitations.

California 98

California Contractors Compensation Los Angeles 98

Levelset

MAY 16, 2022

The contractor should carry, and the contract should reflect that the contractor has liability insurance covering personal injury of at least $50K and property damage coverage in the same amount. Failure to comply with these requirements could lead the contractor to liability under home improvement fraud.

Pennsylvania 98

Pennsylvania Residential Contractors Contract 98

Construction and Infrastructure Law

SEPTEMBER 29, 2020

The basis for the first holding is that disgorgement is both a liability created by statute and a penalty, and therefore falls under Code of Civil Procedure Section 340(a), a one year statute of limitations.

California 52

California Contractors Compensation Los Angeles 52

Pro Builder

JULY 27, 2020

As a result, the home builder could be considered a joint employer, potentially making them liable for employment law violations by a trade partner or for negligence or an injury caused by a subcontractor’s employees. Failing to handle absence requests properly could expose employers to liability under those laws. .

Legal 59

Legal OSHA Employment Liability 59

Construction Lawyer

APRIL 3, 2012

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. Sabo & Zahn LLC is an Illinois Limited Liability Company. Federal Court dismisses subs claim against GC because of arbitration provision. Disclaimer.

Claims 40

Claims Agreement Illinois Subcontracting 40

NH Construction Law

AUGUST 11, 2018

Who is liable for injuries to the sub’s employees in such cases? He couldn’t sue A&M due to the Workers’ Compensation Law’s exclusivity provision, but he could and did sue the GC and the owner, claiming that they owed him a duty to maintain a safe working environment. The recent case of Grady v.

Subcontracting 40

Subcontracting Safety Compensation Claims 40

Construction Lawyer

NOVEMBER 11, 2007

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. Sabo & Zahn LLC is an Illinois Limited Liability Company. Limitation of Liability in new AIA Document. Copyright Notice. Disclaimer. Here it is: § 8.1.3

Liability 40

Liability AIA Documentation Illinois 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. Sabo & Zahn LLC is an Illinois Limited Liability Company. Economic Loss Doctrine bars Nevada claims against Architect. Copyright Notice. Disclaimer.

Nevada 40

Nevada Claims Illinois AIA 40