Levelset

SEPTEMBER 14, 2022

Business insurance can help mitigate occurrences or disasters that can severely impact or destroy the good standing of your business. Let’s take a look a subcontractor insurance: when it’s needed, what happens if a sub goes uninsured, and what policies subs can use to protect their businesses from risk.

Insurance 98

Insurance Liability Claims Injury 98

Green Building Law Update

APRIL 4, 2021

The financial value of green buildings is well documented, from commanding higher rents, greater occupancy rates, and increased occupant satisfaction, to lower operating costs for everything from reduced insurance premiums and less energy utilized, easily resulting in an increased return on investment of more than 9% over conventional building.

Green 293

Green Debt Security Commercial 293

Levelset

MAY 23, 2022

One way to help protect yourself from some of these perils is by having business interruption insurance for construction. This type of insurance can help ensure that you’re able to continue operations if something happens that causes you to lose income. What does business interruption insurance cover ?

Insurance 97

Insurance Contractors Construction Claims 97

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.

Liability 52

Liability Insurance Commercial Claims 52

Construction Dive

SEPTEMBER 24, 2013

2013), holding that the Care, Custody & Control, Performing Operations Exclusion, and Incorrectly Performed Work Exclusion eliminate commercial general liability (CGL) policy coverage for property damage to an insured contractor’s own work and stored building materials during its ongoing operations. 2d 402 (S.D.

Insurance 56

Insurance South Dakota Liability Commercial 56

Construction Equipment

JANUARY 12, 2017

The Oklahoman Newspaper recently featured a question & answer article discussing the various types of insurance companies and drone operators will need should they bring drones into their fleet. that call for more coverage.

Insurance 48

Insurance Commercial Liability Risk 48

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

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

Construction Dive

SEPTEMBER 11, 2013

By Scott TurnerA state Supreme Court recently joined the majority of U.S.

Liability 48

Liability Commercial Insurance Construction 48

Levelset

SEPTEMBER 30, 2022

Insurance is one part of a strategy to keep your carpentry business financially healthy. To minimize any financial damage, a comprehensive carpenter’s insurance plan is a smart bet. . What is carpenter insurance? Does a carpenter need insurance? Insurance serves another purpose.

Insurance 52

Insurance Liability Accidents Injury 52

NH Construction Law

JANUARY 30, 2022

When a contractor or subcontractor is sued for defective workmanship, one of his first thoughts is likely to be whether the damages are covered by his liability insurance. But if the plaintiff’s complaint also alleges some resulting property damage, however minor, the insurer is obliged to defend the lawsuit.

Insurance 40

Insurance Liability Defense New Hampshire 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. ” Read more.

Insurance 56

Insurance Contractors Liability Injury 56

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. For more details on CGL insurance, visit Construction Coverage. Explore Stonemark’s insights on project-specific insurance.

Insurance 52

Insurance Liability Construction Risk 52

Construction Dive

MARCH 5, 2014

Court of Appeals has ruled that the commercial general liability (CGL) insurer of a named insured subcontractor had no duty to defend an additional insured general contractor in a project owner’s post-completion breach-of-contract suit for construction defects arising from the subcontractor’s work on a condominium project.

Insurance 53

Insurance Contract Liability Contractors 53

Construction Dive

SEPTEMBER 18, 2013

By Scott Turner A state Supreme Court recently ruled that property damage to a policyholder’s own work cannot qualify as an “occurrence” under that insured contractor’s commercial general liability (CGL) policy. Read more.'

Insurance 52

Insurance Liability Commercial Contractors 52

Construction Dive

OCTOBER 2, 2013

2013) and joined a rapidly snowballing national trend by holding that defective construction work can be covered under the standard commercial general liability (CGL) policy as an “occurrence.” 2d , 2013 WL 3481555 (Ga.

Liability 48

Liability Georgia Commercial Insurance 48

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

Construction Dive

MARCH 19, 2014

Thus, “Other Insurance” clauses only can govern the later division of responsibility between those insurers for the cost of defending the insured. They cannot be used against an insured to deny a tender of defense. Read more.'

Insurance 48

Insurance Defense Liability Claims 48

NH Construction Law

JULY 26, 2020

“May unintentionally faulty subcontractor work that damages an insured’s work product constitute an ‘accident’ under a commercial general liability insurance policy?” The Michigan Supreme Court disagreed, interpreting “accident” as broader than “fortuity.”

Insurance 40

Insurance Liability Accidents Michigan 40

Construction Dive

SEPTEMBER 4, 2013

By Scott Turner Late last month, a state Supreme Court issued a decision holding that an insurance company within that state must pay its policyholder’s pre-litigation costs to locate and repair its defective construction work even though the insurance company refused to consent to the repair program. Read more.'

Insurance 52

Insurance Liability Commercial Construction 52

Construction Dive

FEBRUARY 26, 2014

By Scott Turner A state supreme court has held that the self-insured retention (SIR) in a general contractor’s commercial general liability (CGL) policy was satisfied by the settlement contribution of another insurance company. The CGL insurer, General Fidelity Insurance Co.,

Insurance 48

Insurance Liability Commercial Contractors 48

Construction Dive

OCTOBER 9, 2013

Read more.'

Liability 52

Liability Commercial Insurance Contractors 52

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

Construction Business Owner

JANUARY 18, 2012

INSURANCE |. ” Pardon the Commercial Interruption… » Year-End Wake Up Call. Public Exposure and Liability on Construction Sites. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management.

Construction 168

Construction Software Software Accounting 168

Green Building Law Update

JULY 24, 2016

There were not similar concerns expressed about commercial loans. However, the extent to which similar concerns apply to multi family commercial mortgages was not previously resolved. And the uncertainty has resulted in modest commercial PACE programs in only 9 states and next to no residential programs actively running.

Finance 120

Finance Lien Residential Commercial 120

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

Best Practices Construction Law

JULY 29, 2015

There are multiple types of insurance coverage for the various risks on a construction project. However, when there are multiple insurance carriers covering the same risk (i.e., However, when there are multiple insurance carriers covering the same risk (i.e., In a recent case, Cincinnati Insurance Co.

Insurance 48

Insurance Liability Claims Electrical 48

Levelset

SEPTEMBER 16, 2022

Your base insurance policy may offer some coverage for unexpected damage to some business property, but making assumptions about the extent of coverage could lead to some financial distress. . An equipment floater offers insurance protection for your business property as it moves from location to location. What is an equipment floater?

Insurance 52

Insurance Equipment Contractors Risk 52

Green Industry Professionals

MARCH 28, 2019

The insurance program provides coverage on general liability, commercial auto, property, inland marine and crime.

Insurance 40

Insurance Liability Commercial 40

Construction Dive

AUGUST 7, 2013

Read more.'

Insurance 48

Insurance Liability Commercial Contractors 48

Levelset

SEPTEMBER 20, 2022

HVAC contractor insurance is the primary way to help protect your financial interest if things go wrong on the job. This contractor’s insurance solution is typically the most cost-effective means to secure coverage and give you peace of mind. What is HVAC contractor insurance? Who needs HVAC insurance?

Insurance 40

Insurance Contractors Liability Accidents 40

Construction Dive

APRIL 30, 2014

law), held that a policyholder’s liability from its accidentally “bad” work or product being incorporated as a component into a larger, compound piece of property, thereby damaging or ruining the latter, was covered by the standard commercial general liability (CGL) policy. Main Street Ingredients, LLC ( F.3d

Products 52

Products Liability Insurance Maine 52

Construction Lawyer

MAY 20, 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. Liability for green design. Unlimited liability for designers and contractors.

Liability 40

Liability Green Design Illinois 40

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

AUGUST 14, 2013

Last month, a state high court ruled that a commercial general liability (CGL) policy’s coverage for defective construction work was excluded by operation of the Performing Operations Exclusion and the Recall of Products or Work Exclusion.

Liability 52

Liability Insurance Commercial Products 52

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

Levelset

MAY 16, 2022

The rationale is that homeowners aren’t as sophisticated and/or construction savvy as commercial owners. The Act establishes a registration program for home improvement contractors, along with required contract provisions, minimum insurance coverage, and more. Insurance coverage. Notice of right of rescission.

Pennsylvania 98

Pennsylvania Residential Contractors Contract 98