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

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.”. If your business is found to have caused an injury or accident, the other party will seek damages.

Insurance 98

Insurance Liability Claims Injury 98

Levelset

SEPTEMBER 2, 2022

While general liability insurance covers against claims related to injury or property damage, errors and omissions insurance protects from lawsuits related to financial loss. Errors and omissions insurance, also called professional liability insurance, is one tool that contractors can use to transfer risk away from themselves.

Insurance 52

Insurance Liability Claims Injury 52

FDR Safety

MARCH 19, 2020

In the case of catastrophic accidents, including fatalities or accidents resulting in multiple serious injuries, special care must be taken when it comes to the designation of company representatives. An effective company representative is essential to the company’s success in minimizing OSHA liability.

OSHA 156

OSHA Inspections Conference Employment 156

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