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Having snow removal insurance is important, considering the risks and dangers of snow removal and deicing. This article will show you the things you need to know about snow removal insurance. . What Is Snow Removal Insurance? Snow removal insurance can offer a wide variety of policies to protect contractors and their businesses.
The goal is to identify and address dangerous behaviors before an accident happens, protecting your company’s equipment from damage … your employees and others on the road from harm … your company from costly litigation … your insurance rates from skyrocketing … and your brand name from bad publicity. In a recent J.
If you, as an employer, have 1099 employees on your staff from time to time, you may be wondering whether you are required to provide health insurance to them. While you are not legally obligated to offer health plans to these workers, you can still choose to. Do Employers Have to Provide Health Insurance to Contracted Employees?
OSHA’s new, misguided requirement for detailed electronic reporting of injury and illness data by employers has come under legal challenge by a coalition of trade associations, employers and an insurance company. The post Legal challenge to injury and illness data reporting rule appeared first on FDRsafety.
Membership in CFMA is represented by all types of general contractors, specialty trades and construction managers, with a large number of professionals in the accounting, insurance, surety, software, legal and banking industries.
I will also be participating in an upcoming green building legal webinar with the ABA Fidelity and Surety Law Committee. Surety bonds are often misunderstood within the green building industry. Hope you enjoy the podcast and let me know if you any thoughts or questions.
More and more in my everyday practice I encounter issues with contractor general liability insurance (GL). Next, the most important and most often overlooked aspect is notifying the insurer when trouble starts. If you ever have a lawsuit filed against you put the insurer on notice immediately!
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INSURANCE |. Industry News. Industry Statistics. Confronting the brutal facts of your business and industry. Home Contact Us About Us Subscribe Advertise Legal Disclaimer Site Map -->. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology.
INSURANCE |. Industry News. Industry Statistics. In a way, a surety bond is like insurance; it is a three-part agreement between the contractor, the organization requiring the bond (e.g. Home Contact Us About Us Subscribe Advertise Legal Disclaimer Site Map -->. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |.
INSURANCE |. Industry News. Industry Statistics. Home Contact Us About Us Subscribe Advertise Legal Disclaimer Site Map -->. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building.
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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.
INSURANCE |. Industry News. Industry Statistics. Fewer accidents also mean lower insurance premiums, which mean lower labor costs. EMR’s are calculated by comparing a company’s actual losses to industry average losses. Companies who perform average in their EMR industry generally rate around 1.0. STRATEGY |.
Legal terms explained Nick Oury and Maddy Van Every of Herbert Smith Freehills LLP explain IBAs new Site Visit Model Protocol Guest editor Nerves of steel with millions at stake For steel importers facing retrospective duty claims in excess of 25 million due to purported, post-Brexit administrative errors, the battle against HMRC is just beginning.
INSURANCE |. Industry News. Industry Statistics. For starters, it is designed for construction, so you’re getting software that handles the accounting and reporting challenges of your industry. Home Contact Us About Us Subscribe Advertise Legal Disclaimer Site Map -->. STRATEGY |. MANAGEMENT |. ACCOUNTING |.
INSURANCE |. Industry News. Industry Statistics. Home Contact Us About Us Subscribe Advertise Legal Disclaimer Site Map -->. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building.
INSURANCE |. Industry News. Industry Statistics. This, after all, is the foundation of the insuranceindustry. And risk can be a profit center, since insurance companies obviously make money. So what do construction and insurance companies have in common? The construction industry is dangerous.
Avoiding Legal Issues Hiring clients hire a licensed contractor to save themselves from legal liabilities and low-quality work. In that case, the responsibility of dealing with workplace accidents or unsafe job sites will fall upon them, causing legal issues.
New contractors have a lot of matters to anticipate when entering the construction industry for the first time. Being aware of bonding regulations within the construction industry can help a new contractor keep on track. Construction bonds work like other surety bonds, but they apply to stakeholders in the construction industry.
Consider project delays, legal battles, insurance rate increases, and the damage done to your companys reputation. Lower Costs and Fines The up-front cost of safety training pales in comparison to the cost of OSHA violations, legal fees, and skyrocketing insurance premiums. Think about it as paying for peace of mind.
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 |. Industry News. Industry Statistics. My company’s flagship product continues to evolve, and we constantly have one goal in mind: to be the industry leader in new sales for construction accounting software. Home Contact Us About Us Subscribe Advertise Legal Disclaimer Site Map -->. STRATEGY |.
INSURANCE |. Industry News. Industry Statistics. Confronting the brutal facts of your business and industry. Home Contact Us About Us Subscribe Advertise Legal Disclaimer Site Map -->. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology.
Errors and omissions (E&O) insurance covers contractors against financial loss resulting from mistakes, errors, or claims of negligence. While general liability insurance covers against claims related to injury or property damage, errors and omissions insurance protects from lawsuits related to financial loss.
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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.
Embarking on a construction project in Texas entails navigating a web of legal requirements to ensure compliance. This compliance checklist will guide you through the key legal requirements, helping you avoid costly fines and project delays. Permits ensure that the planned construction adheres to safety and structural standards.
An insurance policy rarely meets every contractor’s needs out of the box. One of the most common endorsements you’ll likely encounter involves additional insured (AI) parties. While it may sound unusual, adding additional insureds is common and extends benefits both to you as a policyholder – and the party being named on the policy.
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.
Construction is a risky business, with among the highest rates of failure of any industry. Subcontractor default insurance is one alternative to a surety bond that works to protect a contractor from the financial burden when one of their subcontractors defaults. Related: 16 types of insurance coverage for contractors.
You should never attempt to install or repair an industrial roof on your own. Insurance Cover is Crucial. You should protect your interests by confirming whether the commercial contractor you intend to hire is covered by insurance. This is because they are more complex than residential roofs. Experience.
INSURANCE |. Industry News. Industry Statistics. Nowhere is that more true than the construction industry. With the current levels of detail required by industry standards, code compliance and also by the different disciplines, the number of documents required for a project is huge. STRATEGY |. MANAGEMENT |.
INSURANCE |. Industry News. Industry Statistics. Confronting the brutal facts of your business and industry. We leveraged one of our strengths to create momentum in another area of the construction industry. Home Contact Us About Us Subscribe Advertise Legal Disclaimer Site Map -->. STRATEGY |. MANAGEMENT |.
INSURANCE |. Industry News. Industry Statistics. The buzz at this year’s ConExpo-ConAgg certainly indicated that this is a hopeful time for the construction industry, or at least a time of cautious optimism. Home Contact Us About Us Subscribe Advertise Legal Disclaimer Site Map -->. STRATEGY |. MANAGEMENT |.
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In the simplest terms, a commercial MRP is a nationwide network of contractors specializing in managed insurance claim repairs, providing simplicity and strong accountability for all parties involved. However, they may lack critical information about a contractors financial stability, legal history or performance track record.
This blog, created by a business that provides expert legal witnesses, needs to be written at the level that you would find value if you were a serious lawyer or litigant in a significant construction dispute. I’m not a lawyer, of course, and wouldn’t think of providing specific legal advice to anyone reading this blog.
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INSURANCE |. Industry News. Industry Statistics. The CBO team attended the APWA 2011 Congress this year and had a chance to learn about the industry’s latest equipment and products. Home Contact Us About Us Subscribe Advertise Legal Disclaimer Site Map -->. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |.
INSURANCE |. Industry News. Industry Statistics. Home Contact Us About Us Subscribe Advertise Legal Disclaimer Site Map -->. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building.
Legal terms explained Jason Han of Herbert Smith Freehills LLP explains what is meant by Pure Economic Loss. News Our regular news round up focusses on a new planning reform working paper; delays on an investment decision for Sizewell C; and accusations that clients are failing to engage with the post-Grenfell building safety regime.
INSURANCE |. Industry News. Industry Statistics. Every year, there seems to be a new product or service that’s all the industry buzz. You can’t turn the page of a magazine or open up an industry-related website without seeing it. Home Contact Us About Us Subscribe Advertise Legal Disclaimer Site Map -->.
INSURANCE |. Industry News. Industry Statistics. Home Contact Us About Us Subscribe Advertise Legal Disclaimer Site Map -->. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building.
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