Contractors Professional/Pollution Liability

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Contractors should work with their agent or broker to be sure they make an informed decision on whether or not to buy By Edward L. Sheiffele Jr. According to the NAICS Association, there are approximately 1.3 million contractors with annual revenues of less than $5 million in the United States. While virtually all of these… Read more »

How General Contractors Can Protect Themselves From Subcontractors’ Faulty Workmanship

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By J. Eric Smentowski | Tuesday, February 16, 2021 Being a general contractor is challenging. They enter into contracts with project owners to deliver finished projects in accordance with the plans and specifications within the confines of a tight budget and schedule. Further complicating the matter, so much of a general contractors’ success is dependent upon… Read more »

Looking for a Career? The Insurance Business Offers a Wealth of Options for Young Professionals

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This ‘hidden’ industry is often overlooked by college graduates, but it offers variety, financial security and the satisfaction of helping people when the unexpected happens. By Annie Buelow and Joe Rosario | February 2021 When searching for a rewarding career, every professional should consider the insurance industry because of all of the benefits and opportunities… Read more »

Evolution of the Standard of Care Due to Climate Change

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By Andrew D. Mendelson and Dion N. Cominos | Sunday, January 3, 2021 Legal and practice standards for design and construction professionals are evolving due to climate change. While the cause of climate change is an oft-debated topic, the fact of it is largely undeniable. The earth’s global surface temperature and water levels are rising, while… Read more »

It Takes More Than a Certificate to Protect Owners, Developers and Contractors

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By Derek E. Steffen | Tuesday, March 24, 2020 Businesses often look for ways to protect against the risks they confront on virtually every project from design and construction through completion. This includes conducting due diligence and negotiating contracts that include the appropriate insurance coverages from the contractors, subcontractors design professionals and others involved with the… Read more »

Selecting Professional Liability Coverage

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Obtaining competitive terms in a complex marketplace By Raymond F.H. Bustamante The Construction Specifier June 2019 Driven by a strong economy, the easing of lending standards, and a healthy commercial real estate marketplace, construction starts are expected to total about $800 billion in the United States, according to the Dodge Data & Analytics’ 2019 Construction… Read more »

How to Mitigate Construction Risk with Proper Coverage

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BY RAYMOND F.H. BUSTAMANTE 25 February 2019 In today’s commercial construction environment, risk and reward are deeply interconnected. This is especially true in increasingly popular design-build scenarios, which virtually eliminate the steadfast boundary of responsibilities that traditionally existed between contractors, architects and other building professionals.

Strategically preparing for construction professional liability risk

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by Walter J. Adams, Jr. Risk is inherent with any commercial building project. From design and specification through construction, there are many moving parts capable of creating any number of problems. In the past, roles were clearly defined under the design/bid/build project delivery methodology. Responsibilities had a beginning and end. There was little guesswork –… Read more »

8 Steps to Successful Subconsultant Relationships

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Streamline the design-build process with a solid strategy for choosing partners by Andrew Mendelson FAIA August 8, 2018 Prime design consultants often have a great deal of project control and leverage. Unfortunately, such responsibilities increase the potential for significant risk. This is especially true if errors or omissions committed by subconsultants cause damage to the… Read more »

Effectively Handling Protective Claims
Industry Shifts Boost Popularity of New Coverage Forms

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By Raymond F.H. Bustamante Posted on June 26, 2018 The rules of engagement have changed drastically. In recent years, the construction industry has moved rapidly from what were clearly defined stand-alone roles of design-bid-build project delivery methods to the faster-paced design/build, public-private partnership (P3) and integrated project delivery (IPD) models. Along with this shift came…