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A Practical Guide to Insurance & Risk Management

Construction Business Owner

A Practical Guide to Insurance & Risk Management ccapoccia Fri, 03/28/2025 - 08:56 In todays complex business landscape, understanding and managing risks is no longer optional.

Insurance 177
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Keeping Up with the Evolving Construction Industry

Construction Business Owner

Contracting firms must constantly adapt to changing market conditions. Expand with your clients The simplest way to begin to secure contracts in new areas is to leverage your existing reputation and relationships that has been built with your clients. Many contractors have success expanding into new areas by following their clients.

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Properly Identifying Additional Insured

Construction Business Owner

There are numerous ways that contract parties can shift the risk of certain types of losses between each other. One approach is to require one party to list the other, protected party as an additional insured on its own purchased insurance policies, thereby giving the protected party direct access to insurance coverage.

Insurance 195
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Considering a Job Order Contract?

Job Order Contracting

Here are a few items for review when organizations are considering a job order contract or hoping to improve one. Contracts and individual Projects/Work Orders within JOC should have established dollar limits. The post Considering a Job Order Contract? Prequalify potential JOC contractors. Prequalify potential JOC contractors.

Contract 262
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How to Prepare for Unexpected Risk Exposure

Construction Business Owner

Either by choice or required by contract or statute, commercial general liability (CGL), workers’ compensation, business auto and inland marine insurance (mobile equipment) are among the most common types of insurance purchased by contractors. How to Prepare for Unexpected Risk Exposure. Alex Headley. Mon, 09/20/2021 - 07:30.

Risk 356
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Build Better: Partner with IUPAT Success

Construction Business Owner

Lower Insurance Costs: A strong safety record can lower your insurance premiums and improve your bottom line. Partnering with the IUPAT provides labor stability through negotiated contracts and structured dispute resolution processes. Peace of Mind: Enjoy the security of knowing you have a stable workforce to rely on.

Union 293
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Good Faith in insurance contracts

Construction Law

Insurance expert John D Wright explains how the obligation to act in good faith works in insurance law. Acting in good faith is a relatively recent duty in construction contracts, but it has been fundamental to insurance contracts for over 300 years.