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Trends in Workplace Injuries & Safety in Construction ccapoccia Wed, 01/15/2025 - 16:43 As workplace safety remains a critical focus for business owners in the construction industry, Construction Business Owner (CBO) spoke with safety experts to explore emerging trends, safety culture, and actionable strategies for reducing injuries and costs.
Unfortunately, injuries at construction sites are highly likely. But first, it is important to understand that every case is unique, and you should always consult with a qualified construction accident injury attorney to get specific advice about your situation. Are you able to prove that negligence?
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.
Fortunately, crane and rigging insurance provide protection and compensation. However, understanding these insurance policies is key to maximizing your benefits. What is crane and rigging insurance? Other common crane and rigging insurance types include: Boom truck operator insurance.
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? Here’s an overview of the most important types of insurance for contractors. Builders Risk Insurance.
Workers’ compensation insurance pays for occupational injury and illness; that’s why you buy the insurance. What many contractors fail to grasp, however, is that some significant indirect costs are not covered by insurance. Oftentimes, it is an employer’s single most expensive line of coverage.
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. OSHA contends that such programs may encourage the under-reporting of illnesses and injuries.
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.
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.'
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. .'
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.
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?
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. .
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.
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.
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. ,
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.
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?
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 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.
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.
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.
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.
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.
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.
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 |.
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.
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.
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.
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.
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.
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.
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.
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. .
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.
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.
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.
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?
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.
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?
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