The market for construction general liability insurance has stabilized after several challenging years for buyers, but concerns over rising legal awards and settlement amounts persist, and capacity ...
Contractor liability insurance avails financial protection in a wide array of scenarios where your business accidentally causes harm to another person or their property. If your business is sued for ...
This article is part of a sponsored series by IAT. The construction industry faces a new set of challenges each year, and 2024 is no exception. Although 2023 saw a 19.7% surge [1] in spending for ...
If you’ve ever retained a home-improvement contractor, you’ve almost certainly received enthusiastic assurances that he or she is “licensed and insured.” But what exactly does that mean the context of ...
Construction business leaders know how quickly market conditions can shift. Tariffs, labor shortages, and inflationary pressures are changing the cost of doing business, while technology and legal ...
ROSWELL, Ga., April 14, 2026--(BUSINESS WIRE)--Eirion Risk Underwriters today announced the launch of its Construction Professional Liability (CPL) program, a specialized insurance solution designed ...
A subcontractor hired by a general contractor (GC) for a construction project has a certain scope of work, usually spelled out in a contract between the two. Included may be safety responsibilities to ...
If you're starting a contracting business, whether it's in construction, electrical, or plumbing, you need to be aware of your state's and clients' requirements regarding general liability insurance ...
A home builder is not covered under the property damage coverage in its commercial liability policy for construction defects for which it was responsible. A three-judge panel of the Massachusetts ...
Fundamentally, the construction manager is responsible for the performance of the work in accordance with the contract documents, consisting of: the CMA; the plans and specifications prepared by the ...
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