Learn how contractors' all risks (CAR) insurance protects construction projects from property damage and third-party claims ...
In the UK Court of Appeal decision in Sky UK Limited and Mace Limited v. Riverstone, authoritative guidance has been provided on certain key principles that apply to Construction All Risks insurance ...
Construction projects are inherently risky, involving complex tasks, heavy machinery, and numerous workers. From design to completion, various hazards exist that could lead to significant financial ...
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 ...
It's free, simple and secure. Builder's risk policies also usually include coverage for materials, like lumber and drywall. The policy pays out if a worksite is damaged by fire, lightning, vandalism, ...
The construction industry is one of the most dangerous professions in the country. In fact, in 2023, about 1 in 5 workplace deaths occurred in the construction industry and 38.5% of these deaths were ...
Understanding Construction Contract Insurance Requirements: How to Avoid Costly Gaps and Legal Risks
It is critical for contractors to understand the insurance requirements in construction contracts, as these projects carry very high levels of liability and risk. Construction involves moving ...
The construction industry is experiencing a period of unprecedented transformation. As established hazards persist and new threats emerge, stakeholders across the sector are challenged to balance ...
In the 1990’s it wasn’t uncommon to define risk management success as just limiting the number of deaths on a project site and purchasing and renewing insurance policies. But over the last 25 years, ...
Modular construction has gained significant popularity in recent years, with an estimated market size of $131.58 billion by 2030, according to Fortune Business Insights. Modular construction involves ...
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