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Construction Liability Issues: Common Risks and How to Mitigate Them

Building Radar

Construction projects, by their very nature, involve a significant degree of risk. From safety hazards to contractual disputes, the industry faces numerous liability issues that can lead to costly legal battles, project delays, and financial losses. Common Construction Liability Issues 1.

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Liability and BIM Participation

Construction Business Owner

Building Information Modeling (BIM) is gaining ground as construction participants recognize the benefits of computer modeling. However, participants should enter this new modeling world recognizing that these opportunities come with costs and risks.

BIM 176
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9 Types of Insurance You Need to Protect Your Contractor Business

Construction Marketing

As a contractor, you likely know that your business is always at risk. Between the potential for accidents and injuries on the job site and the risk of lawsuits, it’s important to have insurance to protect yourself from financial losses, but what kind of insurance do you need? General Liability Insurance.

Insurance 156
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GHG, SHG, SEC Regulations – Facilities Regs and Reporting Changes Coming Soon

Job Order Contracting

How a company assesses and plans for climate-related risks may have a significant impact on its future financial performance and investors’ return on their investment in the company. The Securities and Exchange Commission (SEC) proposal to require that public companies disclose climate-related information. Is your organization ready?

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Is Your Construction Team Prepared for Cyber Risks?

Pro Builder

Is Your Construction Team Prepared for Cyber Risks? A cyber loss involving employee and customer information can affect any business, and your construction team is no exception. Malicious cyberattacks could impact project designs, bid data, and security system information involved in architectural proposals. Business Management.

Risk 92
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Hidden Risks: Cyber Crime

Construction Business Owner

You have probably been hearing more about the concept of cyber liability from your insurance broker. Your construction firm is not likely selling products or services over the Internet, so you may be wondering why you would need cyber liability insurance. Consider some examples from high-profiles companies.

Risk 177
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The UK Sets the Scene for Mandatory ESG Laws in the Western World

Green Building Law Update

On their face the two new statutory instruments apply to all UK registered companies and LLPs with over 500 employees with an annual turnover of more than £500 million; and also all UK Public Interest Entities, being companies currently required to produce a non-financial information statement under existing reporting laws.