Remove Industrial Remove Liability Remove Risk
article thumbnail

Protecting Against Environmental Risk in Changing Climates

Construction Business Owner

Protecting Against Environmental Risk in Changing Climates. Already expecting a downturn, the commercial construction industry was further impacted when COVID-19 either delayed or shuttered projects nationwide and a seemingly endless barrage of storms caused more than $95 billion in damages across the United States alone. Alex Headley.

Risk 367
article thumbnail

4 Factors to Consider to Mitigate COVID-19 Risk & Liability

Construction Business Owner

4 Factors to Consider to Mitigate COVID-19 Risk & Liability. With commercial construction back to work and projects across the country continuing to add jobs, one study indicates 56% of industry losses since the beginning of the pandemic have been recovered. Elizabeth Manning. Fri, 09/25/2020 - 09:32.

Liability 227
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Rising Construction Costs Lead to Higher Risks

Construction Business Owner

Rising Construction Costs Lead to Higher Risks PCF Construction offers insight on current market construction risks and how to take control mhodges Tue, 11/07/2023 - 09:13 One of the most pressing issues in the construction industry today is the unforeseen or unintended increase in risk exposures due to rising construction costs.

Risk 354
article thumbnail

Adapt or Die: Assess & Evolve to Change the Construction Industry

Construction Business Owner

“ Adapt or Die,” is arguably the most memorable line from the movie version of "Moneyball. " The meaning of the quote and how it relates to business and risk management is paramount—we must fight and overcome the current status quo if we want to change the industry.

article thumbnail

Beyond Driver Exoneration: How Dash Cams Reduce Exposure to Nuclear Verdicts

Construction Business Owner

This trend has put any construction company that does not use best-in-class safety practices at the risk of being put out of business. A plaintiffs attorney in post-crash litigation can claim negligence if there is any failure to follow policies, procedures, or reasonable practices that find, coach, and remediate high-risk behavior.

Safety 194
article thumbnail

Achilles Acquires GRMS: Supply Chain Risk Management Solutions

Safety Services Company

The supply chain industry is rapidly evolving, making effective supply chain risk management solutions more critical than ever. If youve been keeping an eye on recent industry developments, youve probably seen that Achilles Information Ltd recently acquired Global Risk Management Solutions (GRMS).

Risk 62
article thumbnail

5 Safety Precautions For Multi-Level Construction Sites

Construction Marketing

All these pose risks to the health of these workers. . It also ensures you’re not spending money on hospital bills, treating injured workers, and legal liabilities. . Machines form an integral part of the construction industry. Training workers on safety measures give them enough knowledge to avoid or eliminate risks.

Safety 357