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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.”. Medical expenses, property damage, and legal defense costs can grow quickly.

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Happy New Year From DoD – The Proposed CMMC Rule Is Here

Federal Construction Contracting Blog

Department of Defense (DoD) published the much anticipated proposed rule for the revamped Cybersecurity Maturity Model Certification (CMMC) 2.0 CMMC does not impose any new security requirements except those mandated at Level 3 of the program. On December 26, 2023, the U.S.

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Carpenter’s Insurance: Who Needs It & Why

Levelset

There are many policies that apply to a carpenter, but a simple business owner’s policy can include property damage and liability coverage. If a third party gets injured on a job, liability coverage helps pay the cost of legal defense if you get sued for the accident. . Does a carpenter need insurance?

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Insurance for Electricians: What It Covers & Why You May Need It

Levelset

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. .

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Virginia Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Defense Production Zones: Virginia authorizes its communities to establish local defense production zones to benefit businesses engaged in the design, development or production of materials, components or equipment required to meet the needs of national defense. Each locality designs and administers its own program.

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Green Building Data Risk as an Opportunity

Green Building Law Update

And there is some form of privacy law in at least 48 states (but not Alabama and South Dakota), including by way of example the California’s groundbreaking 2003 Data Security Breach Reporting Law , but most of those are reactive, that is most laws in the U.S. And the power utilities protect themselves from liability related to data.

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New Contractor Business Start Up

Contractor Bookkeeping

General Liability and Auto/rental equipment insurance can help protect you and your company against claims for personal injury and property damage, and may provide you with legal defense of those claims. Check with your construction attorney and your liability insurance agent to make certain you are covered.