Construction Business Owner

OCTOBER 26, 2012

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 149

Liability Insurance Employment Claims 149

Construction Business Owner

MARCH 29, 2013

However, this day was different, and his mind was focused on a denied professional liability claim. . He would start by reviewing a quote by Warren Buffett: “You don’t know who is swimming naked until the tide goes out.”

Liability 214

Liability Claims Office Contractors 214

Green Building Law Update

MARCH 31, 2019

The Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA, commonly referred to as Superfund), 42 U.S.C. provides an important liability protection, including from cleanup costs, for parties who qualify as bona fide prospective purchasers (BFPPs). 9601 et seq., 9601 et seq.,

Liability 120

Liability Leases Defense Commercial 120

Green Building Law Update

FEBRUARY 12, 2014

Insurance companies cannot recover environmental cleanup costs paid to their insured under the federal Comprehensive Environmental Response, Compensation and Liability Act, commonly known as Superfund, from another Potentially Responsible Party ( unless their insured had first pursued a separate claim to recover the cleanup costs from that PRP).

Insurance 120

Insurance Liability Legal Claims 120

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

Green Building Law Update

SEPTEMBER 23, 2018

In an era when concern over legal liability for building claims is real, not only enforced by the FTC and state attorneys’ generals, but also in consumer class action suits, it is likely unwise to make the claim that a building is net zero energy use or the like, what does net zero mean?

Certification 296

Certification DC Site Green 296

Construction Dive

AUGUST 6, 2014

By Bruce Jervis Design professionals have long sought to control their liability exposure. The argument has been that their potential liability is disproportionate to the compensation they receive and the role they play on a construction project. They have received a sympathetic hearing in some quarters.

Liability 58

Liability Compensation California Claims 58

Green Building Law Update

JANUARY 19, 2020

The Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA, commonly referred to as Superfund), 42 U.S.C. provides an important liability protection, including from cleanup costs, for parties who qualify as bona fide prospective purchasers (BFPPs). 9601 et seq., 9601 et seq.,

Liability 156

Liability Leases Defense Commercial 156

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

Job Order Contracting

JANUARY 19, 2021

Early and ongoing sharing of actionable information, a situation required within a program-based environment, resolves issues such as low productivity, cost and time overruns, change orders, inadequate design specifications, liability claims, conflicts and disput.

Management 264

Management Procurement Environment Life Cycle 264

Construction Marketing

DECEMBER 27, 2021

General Liability Insurance. This type of coverage will protect your company from various liabilities , including injury claims, and cover medical expenses. General liability also protects businesses if they cause damage to a customer’s property or if any product installations go awry, like faulty plumbing that causes leaking.

Insurance 156

Insurance Contractors Accidents Liability 156

Construction Dive

DECEMBER 11, 2013

By Scott Turner A state supreme court has ruled that a general liability policy’s contractual liability coverage did not cover the bodily injury claim of a general partner of the contractor policyholder because he was not a “third party” as required in the policy for that coverage.

Claims 48

Claims Liability Injury Insurance 48

Construction Dive

JANUARY 2, 2014

By Bruce Jervis A primary purpose of a limited liability company, much like a corporation, is to shield company owners from personal liability for business losses. When the company enters into a contract, the company’s assets are at risk. It is also crucial to avoid comingling of company and personal funds or other assets.

Liability 55

Liability Risk Claims Contract 55

Construction Law Monitor

SEPTEMBER 4, 2011

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.

Insurance 62

Insurance Claims Louisiana Guidelines 62

Green Building Law Update

AUGUST 30, 2020

The Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA, commonly referred to as Superfund), 42 U.S.C. provides an important liability protection, including from cleanup costs, for parties who qualify as bona fide prospective purchasers (BFPPs). 9601 et seq., 9601 et seq.,

Site 156

Site Liability Leases Defense 156

Construction Dive

JANUARY 29, 2014

By Scott Turner A state supreme court has ruled that the standard commercial general liability (CGL) policy Contractual Liability Exclusion does not apply to bar ordinary breach-of-contract claims over a policyholder’s defective construction work. Read more.'

Liability 48

Liability Claims Contract Commercial 48

ENR Construction

NOVEMBER 29, 2022

Firm was EPA contractor at defunct Gold King mine in Colorado when 3 M gal of toxic wastewater spilled into nearby rivers and states, but judge refuted New Mexico damage claim that firm had responsibility

Liability 78

Liability New Mexico Contractors Colorado 78

Construction Dive

NOVEMBER 11, 2012

By Bruce Jervis Limitation-of-liability clauses have become popular among engineering professionals. These clauses state that the engineer’s liability to the client or any other party relying on the engineer’s work product is limited to the amount of the engineer’s fee or a stipulated amount, whichever is greater.

Liability 49

Liability Claims Engineering Documentation 49

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. Business auto insurance.

Insurance 98

Insurance Liability Claims Injury 98

Construction Dive

NOVEMBER 6, 2013

By Bruce Jervis There are many legitimate reasons for contractors to submit claims for increased compensation. This is why aspersions such as “claim monger” are offensive to contractors. These lapses in judgment are harmful to the image of the industry and give the entire claim process a bad reputation.

Claims 55

Claims Wisconsin Compensation Liability 55

Construction Law

FEBRUARY 29, 2024

Julie Scott-Gilroy of Morton Fraser MacRoberts LLP explains differences between how liabilities and claims and remedies relating to the use of RAAC differ between Scots law and the rest of the UK. A key difference is the time during which claims can be made.

Liability 40

Liability Claims Construction 40

Mr Ethics

APRIL 23, 2014

Additionally, we are being asked to carry higher limits of liability on our insurance policies while also assuming an indemnification obligation that protects the owner from claims even if the owner is the cause of the claim. That is the way claims are controlled and in some cases prevented. This isn’t ethical, is it?

Risk 100

Risk Claims Insurance Liability 100

Mr Ethics

APRIL 23, 2014

Additionally, we are being asked to carry higher limits of liability on our insurance policies while also assuming an indemnification obligation that protects the owner from claims even if the owner is the cause of the claim. That is the way claims are controlled and in some cases prevented. This isn’t ethical, is it?

Risk 100

Risk Claims Insurance Liability 100

Mr Ethics

APRIL 23, 2014

Additionally, we are being asked to carry higher limits of liability on our insurance policies while also assuming an indemnification obligation that protects the owner from claims even if the owner is the cause of the claim. That is the way claims are controlled and in some cases prevented. This isn’t ethical, is it?

Risk 100

Risk Claims Insurance Liability 100

Mr Ethics

NOVEMBER 30, 2015

Our contract calls for us to be the initial decision maker for any contractor disputes that arise on the project including any claims that allege errors and omissions against us. Even if a ruling is unbiased a perception is still going to be that you were covering an exposure of liability that you committed.

Liability 100

Liability Utah Agreement Claims 100

Mr Ethics

NOVEMBER 30, 2015

Our contract calls for us to be the initial decision maker for any contractor disputes that arise on the project including any claims that allege errors and omissions against us. Even if a ruling is unbiased a perception is still going to be that you were covering an exposure of liability that you committed.

Liability 100

Liability Utah Agreement Claims 100

Mr Ethics

NOVEMBER 30, 2015

Our contract calls for us to be the initial decision maker for any contractor disputes that arise on the project including any claims that allege errors and omissions against us. Even if a ruling is unbiased a perception is still going to be that you were covering an exposure of liability that you committed.

Liability 100

Liability Utah Agreement Claims 100

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? Contractor liability for property damage.

Insurance 52

Insurance Claims Liability Accidents 52

Mr Ethics

AUGUST 24, 2016

If you are performing services on a project and the code requires you to admit to any errors or work defects performed by you; you could run afoul of your professional liability insurance policy. Insurance carriers want to know where claims may come from before you admit to any liability.

Liability 100

Liability Insurance Agreement Claims 100

Mr Ethics

AUGUST 24, 2016

If you are performing services on a project and the code requires you to admit to any errors or work defects performed by you; you could run afoul of your professional liability insurance policy. Insurance carriers want to know where claims may come from before you admit to any liability.

Liability 100

Liability Insurance Agreement Claims 100

Mr Ethics

AUGUST 24, 2016

If you are performing services on a project and the code requires you to admit to any errors or work defects performed by you; you could run afoul of your professional liability insurance policy. Insurance carriers want to know where claims may come from before you admit to any liability.

Liability 100

Liability Insurance Agreement Claims 100

Building Radar

AUGUST 22, 2024

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.

Liability 52

Liability Risk Legal Construction 52

Construction Marketing

SEPTEMBER 24, 2015

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

Documentation 120

Documentation Insurance Legal Liability 120

Construction Dive

AUGUST 28, 2013

The court also rejected the common insurance company arguments that a CGL policy is not a performance bond and that such a policy only covers tort claims, never contract claims. Read more.'

Liability 51

Liability Insurance Commercial Claims 51

Levelset

AUGUST 24, 2022

Two of the most common insurance policies that contractors have are builder’s risk and general liability, which serve very different purposes. Builder’s Risk Insurance General Liability Insurance Coverage Covers a building under construction—and often tools, equipment, and materials related to the project.

Liability 52

Liability Risk Insurance Contractors 52

Job Order Contracting

AUGUST 31, 2021

Poor performance of one participant will often excuse other participants from the need to strictly fulfil their obligations, or entitle them to claim additional money from the owner. The post Collaborative Construction Solution – Public Sector appeared first on 4BT.

Construction 176

Construction Procurement Liability Contract 176

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