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.
Contractor Bookkeeping
SEPTEMBER 1, 2023
Depending on the type of contracting business you run, you could face laws regarding taxation, employment, product liability, premises liability, discrimination, health and safety, and various other regulations.
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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. For example, assume you paint residential structures of all types.
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.
NH Construction Law
NOVEMBER 26, 2021
on a $7,650 verdict under a Massachusetts anti-discrimination statute). In the construction setting, however, that type of severability is rare; it will almost always turn out that “the evidence necessary to prove liability under one theory was also relevant to proving liability under the other theory,” id.
Pro Builder
JULY 27, 2020
A discrimination claim could be more likely if an employee with the coronavirus charges that he or she felt stigmatized upon returning to work. Failing to handle absence requests properly could expose employers to liability under those laws. . Photo: Visoot / adobestock.com. . It's a balancing act,” Travers says. “You
FDR Safety
MARCH 19, 2020
Because of the potential liability and added complexity and legal issues involved in a fatality or catastrophic accident, the company should insist that legal counsel be contacted immediately and, if at all possible, before OSHA is allowed to start its inspection or any information is provided.
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