Levelset

SEPTEMBER 14, 2022

Business insurance can help mitigate occurrences or disasters that can severely impact or destroy the good standing of your business. Let’s take a look a subcontractor insurance: when it’s needed, what happens if a sub goes uninsured, and what policies subs can use to protect their businesses from risk.

Insurance 98

Insurance Liability Claims Injury 98

Construction Business Owner

JANUARY 30, 2014

It results in increased fuel consumption and reduced tire wear life, which causes blowouts that require costly repairs and increased downtime, insurance premiums and labor costs. In the worst case scenario, it can cause serious injuries.'

Injury 170

Injury Insurance Roads 170

Construction Business Owner

MAY 30, 2013

Companies can refer to their insurance carriers and agents or broker partners who employ consultants specializing in worker safety and injury prevention. They can also engage third-party consultants and public agencies that concentrate on various aspects of injury prevention, injury and claim management and cost-containment. .'

Injury 139

Injury Compensation Claims Insurance 139

ENR Construction

NOVEMBER 26, 2024

Insurers have resorted to racketeering statutes in recent years to combat alleged fraud.

Insurance 73

Insurance New York Injury Claims 73

BD+C

FEBRUARY 28, 2014

Opponents of the law say it results in higher construction insurance costs. ( [link] ). Legislation Codes and Standards'

New York 71

New York Insurance Liability Injury 71

FDR Safety

JANUARY 7, 2014

The company appealed and the matter was heard by a hearing officer for the state Board of Industrial Insurance Appeals. Among the reasons: G4S had reduced the risk of injury to bank guards by training them to avoid engaging with criminals. That assessment found that bullet proof vests were not required for bank guards.

Employment 168

Employment OSHA Banking Washington 168

Viewpoint Construction Technology

AUGUST 18, 2017

Let’s say a subcontractor’s insurance has expired. With the right integrated software system, you are alerted if the insurance is not up-to-date. Then you can hold payments until the insurance issues are cleared up. Do you know that you have the best insurance coverage on your fleet? What about employees?

Software 130

Software Software Risk Insurance 130

Levelset

SEPTEMBER 30, 2022

Insurance is one part of a strategy to keep your carpentry business financially healthy. You can practice safety and use common sense on the job, but there’s no way to predict when accidents or injuries might occur. To minimize any financial damage, a comprehensive carpenter’s insurance plan is a smart bet. .

Insurance 52

Insurance Liability Accidents Injury 52

Levelset

OCTOBER 14, 2022

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.

Insurance 52

Insurance Liability Injury Compensation 52

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

Best Practices Construction Law

FEBRUARY 21, 2018

Reading and understanding an insurance policy on a construction project can be a lot like understanding my kids playing Speak Out. Proper insurance coverage is an important risk management tool for contractors, subcontractors, project owners/developers and design professionals. Nautilus Insurance Co. ,

Insurance 54

Insurance Subcontracting Injury Construction 54

Building Radar

JULY 15, 2024

Navigating the insurance requirements for construction projects can be daunting. Insurance plays a crucial role in managing risks and ensuring the successful completion of any construction project. It covers bodily injury, property damage, and personal injury claims that arise during the course of a project.

Insurance 52

Insurance Liability Construction Risk 52

Levelset

SEPTEMBER 23, 2022

Luckily, that’s what insurance is for, right? Does a general contractor’s insurance cover their subcontractors’ accidents or mistakes? While there isn’t a cut-and-dry answer to these questions, we’ll take a deeper look into insurance coverage and what happens in these situations. Who is covered by an insurance policy?

Insurance 52

Insurance Liability Accidents Risk 52

ENR Construction

JULY 21, 2021

Liberty Mutual index shows exertion as the cause of greatest insurer losses.

Compensation 74

Compensation Injury Insurance 74

Construction Marketing

JANUARY 18, 2018

Insurance Cover is Crucial. You should protect your interests by confirming whether the commercial contractor you intend to hire is covered by insurance. If they don’t have insurance for their workers, you should not consider doing any business with them. Such roofing contractors are nothing but a looming liability. Experience.

Commercial 121

Commercial Contractors Insurance Injury 121

Levelset

SEPTEMBER 2, 2022

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.

Insurance 52

Insurance Liability Claims Injury 52

FDR Safety

OCTOBER 20, 2015

New OSHA recordkeeping rules that went into effect this year are creating confusion among employers about the definition of an amputation and how to quickly determine if an incident that occurred after work hours is actually work-related, according to an article in Business Insurance magazine. The new rules, which went into effect Jan.

OSHA 120

OSHA Injury Atlanta Employment 120

Construction Equipment

JANUARY 13, 2017

Each year, the Research Institute produces the Liberty Mutual Workplace Safety Index , which ranks the leading causes of serious, nonfatal work-related injuries in terms of direct workers compensation costs. The Index is based on information from Liberty Mutual Insurance, the U.S.

Injury 53

Injury Insurance Compensation Statistics 53

Construction Dive

FEBRUARY 12, 2014

By Bruce Jervis Commercial general liability (CGL) insurance policies have been the source of much controversy in the construction industry. The policies insure against personal injury or property damage caused by an occurrence during the contractor’s performance of the work. Insurers certainly don’t intend them to.

Insurance 56

Insurance Contractors Liability Injury 56

Construction Marketing

MAY 19, 2021

Statistics show that there are over 400 injuries and over 20 fatalities each year related to construction in Ontario alone. A majority of construction-related injuries occur due to a lack of proper personal protective equipment (PPE), such as helmets and gloves. Providing adequate safety gear. For instance, the U.S.

Safety 172

Safety Construction Guidelines Employment 172

FDR Safety

OCTOBER 29, 2014

On-the-job accidents that result in worker deaths typically make news headlines, but for all the attention that news coverage brings to workplace safety issues, it misses an important point: more than 96 percent of fatal injuries occur outside the workplace. The indirect costs are nearly identical to those associated with on-the-job injuries.

Injury 120

Injury Accidents Safety Employment 120

Construction Business Owner

APRIL 5, 2012

INSURANCE |. With every project, no matter how big or small, there is always risk – risk of injury, financial responsibility, or quality assurance. This, after all, is the foundation of the insurance industry. And risk can be a profit center, since insurance companies obviously make money. STRATEGY |. MANAGEMENT |.

Risk 120

Risk Insurance Construction Software 120

Levelset

SEPTEMBER 19, 2022

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.

Insurance 52

Insurance Liability Compensation Claims 52

Levelset

SEPTEMBER 6, 2022

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.

Insurance 52

Insurance Liability Construction Contract 52

Levelset

AUGUST 31, 2022

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 52

Insurance Liability Compensation Construction 52

Pro Builder

NOVEMBER 10, 2022

Employee safety is a top concern for builders not only looking to prevent injuries on the jobsite, but also workers’ compensation risk, something which, according to NAHB, can be avoided through employee staffing partnerships.

Compensation 98

Compensation Risk Contract Injury 98

Levelset

OCTOBER 20, 2022

Scenarios like these stress the need for an electrician to have insurance coverage in place. Thus, a strong insurance plan helps you rest easier both on and off the job. Why can an electrical contractor use insurance? Insurance policies can help your business cover the costs of both minor and major incidents.

Insurance 52

Insurance Liability Electrical Accidents 52

ENR Construction

NOVEMBER 26, 2024

Insurers have resorted to racketeering statutes in recent years to combat alleged fraud.

Insurance 41

Insurance New York Injury Claims 41

Construction Dive

DECEMBER 11, 2013

By Scott Turner A state supreme court has ruled that a general liability policy’s contractual liability coverage did not cover the bodily injury claim of a general partner of the contractor policyholder because he was not a “third party” as required in the policy for that coverage.

Claims 48

Claims Liability Injury Insurance 48

Levelset

AUGUST 5, 2022

Construction insurance can be confusing. Each contractor and party to the project has their own insurance, which may or may not be adequate to protect the work they’re performing. Learn more: What types of insurance do contractors need? Learn more: What types of insurance do contractors need? CCIP vs. OCIP insurance.

Insurance 52

Insurance Liability Claims Construction 52

Levelset

AUGUST 26, 2022

When working in construction, your insurance policy gets issued as a fairly standard contract. At the core, you have property coverage for your tools and equipment, along with a liability component that protects your financial assets in case there’s a work-related accident or injury that you may have some responsibility for. .

Insurance 52

Insurance Liability Equipment Agreement 52

Pro Builder

OCTOBER 21, 2022

As Florida markets work to rebuild from devastating Hurricane Ian, homeowners are confronted with inflated prices for building materials, adding insult to injury amid comprehensive recovery efforts across the Sunshine State. from June, but remain elevated after soaring to record highs during the pandemic, Insurance Journal reports.

Florida 98

Florida Insurance Materials Injury 98

Contractor Bookkeeping

SEPTEMBER 23, 2013

Guest Blogger : Patti McQuinn, Massage Therapist, Luna Massage Therapy She is a provider for many insurance companies such as Aetna, Premera and Regence, plus auto accidents and Workman''s Comprehension (L&I) claims. Repetitive stress injury. Repetitive stress injuries can be prevented and minimized. About the Author.

Injury 49

Injury Accidents Insurance Schedule 49

Levelset

SEPTEMBER 16, 2022

Your base insurance policy may offer some coverage for unexpected damage to some business property, but making assumptions about the extent of coverage could lead to some financial distress. . An equipment floater offers insurance protection for your business property as it moves from location to location. What is an equipment floater?

Insurance 52

Insurance Equipment Contractors Risk 52

Levelset

OCTOBER 13, 2022

To help your business remain viable, contractor’s insurance should be a crucial part of your financial strategy. Insurance also puts other parties’ minds at ease when they want to hire you as a specialty contractor. A certificate of insurance (COI) is a valid form used to prove that you carry the appropriate insurance policy.

Insurance 52

Insurance Certification Contractors Liability 52

Construction Equipment

JANUARY 13, 2017

Each year, the Research Institute produces the Liberty Mutual Workplace Safety Index , which ranks the leading causes of serious, nonfatal work-related injuries in terms of direct workers compensation costs. The Index is based on information from Liberty Mutual Insurance, the U.S.

Injury 48

Injury Insurance Compensation Statistics 48

Safety Services Company

FEBRUARY 4, 2014

The Occupational Safety and Health Administration (OSHA) requires that nearly all employers maintain properly-recorded accounts of work-related injuries and illnesses. Remember that injury report forms involve private health information on related employees, and that privacy must be respected with confidentiality. What happened?

Injury 55

Injury OSHA Accidents Employment 55