OSHA has issued a final rule to protect workers from exposure to respirable crystalline silica. It is comprised of one standard for Construction and one for General Industry and Maritime.
2 min read
Workplace Safety: OSHA Issues Final Rule On Respirable Crystalline Silica
By Gary Clark on Apr 11, 2016 6:30:00 AM
Topics: Commercial Insurance Risk Management Construction
3 min read
Prepare For Upcoming Lease Accounting Changes
By Bill Cerney on Mar 7, 2016 6:30:00 AM
Have you heard? The accounting gods have spoken and have changed how leases are to be accounted for on your financial statements. Why, you may ask, do we need to change the methodology for accounting for leases?
Topics: Commercial Insurance Risk Management Construction
3 min read
What Is A Surety Bond?
By Bill Cerney on Feb 15, 2016 6:30:00 AM
Unless I’m talking to a contractor, people often give me a blank stare when I say I lead our surety bond practice. “Surety, what the heck is that?”
Given this apparent lack of knowledge of what I do on a day-to-day basis, I submit a Surety 101 to educate the masses!
Topics: Construction
2 min read
Contractors: Do You Need Professional Liability Coverage?
By Gibson on Jan 20, 2016 6:30:00 AM
As a contractor, do you need professional liability coverage? Many assume the answer is no, and respond with reasons such as:
Topics: Commercial Insurance Risk Management Construction Contract Review
11 min read
OSHA Update: Rising Fines And 2015 Most Frequently Cited Standards
By Gary Clark on Dec 9, 2015 6:30:00 AM
Each year OSHA releases the 10 most frequently cited standards. Many of the same standards have found themselves on this list in recent years. The penalty for violating these, and any, OSHA standards is about to increase for the first time since 1990.
Topics: Commercial Insurance Risk Management Construction Claims
3 min read
Subcontractor Default Insurance...Demystified!
By Bill Cerney on Nov 2, 2015 6:30:00 AM
What is it? Can you use it? Why would you want to use it or not? If you are a subcontractor, do you want to be in an SDI program? So many questions…
Topics: Risk Management Construction
3 min read
Not All Balance Sheets Are Created Equal!
By Bill Cerney on Sep 9, 2015 6:30:00 AM
Unless you’ve been buried underneath a pile of bidding documents or work in process reports, you’ve likely taken notice of the volatility in the stock market over the last few weeks. A correction, as I’m told.
Topics: Construction
2 min read
Contractors: Do You Need Pollution Liability Insurance?
By Gibson on Aug 19, 2015 6:30:00 AM
Pollution liability should not be overlooked. Claims, and the costs associated with those claims, can be expensive. They can test the financial stability of even the best of companies.
Topics: Commercial Insurance Risk Management Construction
3 min read
Confined Spaces In Construction
By Gibson on Aug 10, 2015 6:30:00 AM
Crawl spaces, sewers, boilers, manholes. Individuals working in confined spaces such as these are exposed to life-threatening physical and atmospheric hazards.
Topics: Risk Management Construction
3 min read
Do You Need An Installation Floater?
By Gibson on Jul 29, 2015 6:30:00 AM
Materials for a construction project are crucial. Without them, the project will not get done. How can you protect these supplies and avoid substantial financial losses?
There are multiple options for contractors, but the right solution will depend on the project and your role. Most often contractors will turn to builder’s risk policies and installation floaters.