Stop the Hand-Off!
- Best Practices, Improving Productivity, Insurance
- April 23, 2024
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The Anatomy of Sticker Shock: A 20-Point Mod Increase Compounded by a $40,000 Workers’ Comp Premium Increase0
- Best Practices, Insurance, Safety
- June 26, 2023
By Bob Tuman, CCR Safety Consulting Dan, the owner of a large union painting contracting firm, called me- baffled and angry about the 20 point “mod” increase (from .74 to .94) and the resulting $40,000 increase in his workers’ compensation premium- from $200,000 to $240,000. “How am I going to explain this to General Contractors?”
READ MOREContract Provisions That Will Affect Your Insurance Program and What to Do About Them!0
- Best Practices, Contracts, Documentation, Insurance
- October 24, 2022
By Gary R. Semmer, AssuredPartners Construction Contracts are becoming more complex regardless of which ones you’re entering into and the Insurance Requirements often include addendums or exhibits that need to be reviewed to comply with your Insurance Program. The following are some of the more common Contract provisions that come up today in our Client’s
READ MOREThe “Your Work” Exclusion in a General Commercial Liability Policy 0
- Best Practices, Contracts, Insurance, Legally Speaking, Risk Management
- July 26, 2022
By Kent Lang and Mike Thal, Lang & Klain, P.C. In seeking indemnification for damages caused by a subcontractor’s work, a general contractor or upstream subcontractor should understand the “your work” exclusion typically contained in commercial general liability (CGL) insurance policies, as well as the “subcontractor exception” to that exclusion. For all contractors, understanding those
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Does your Insurance Program Cover All of the Insurance Requirements in the Contracts You’re Signing? 0
- Best Practices, Contracts, Insurance
- July 26, 2022
By Gary R. Semmer, Assured Partners Great question- let’s examine some of the more important provisions: Indemnification- every Contract contains some form of Indemnity/Hold Harmless language which requires you to indemnify upstream parties for your acts or others that could cause Bodily injury, Property Damage and sometimes even Consequential Damages. They vary in scope from
READ MOREASA Addresses the National Association of Surety Bond Producers (NASBP)’s 2022 Annual Meeting “Better Together”0
- Improving Productivity, Insurance
- May 23, 2022
By Mike Oscar, ASA Courtney Little (ASA Past President), along with representatives from Construction Financial Management Association (CFMA), the Associated General Contractors of America (AGC), and the Associated Builders and Contractors (ABC), addressed the National Association of Surety Bond Producers (NASBP)’s 2022 Annual Meeting “Better Together.” More specifically, the panelist were: Courtney Little, Ace Glass
READ MOREDo Change Orders Impact Your Commercial Insurance and Surety/Bonding Programs?0
- ASA President's Letter, Change Orders, Contracts, Documentation, Insurance
- November 23, 2021
By Gary R. Semmer, Assured Partners Great question! There has been a lot of debate over the years over how Change Orders (CO) affect your Insurance and Bonding programs. Let’s examine some of the issues, but first let’s look at how ConsensusDocs® and AIA define “Change Orders” in their contract language: ConsensusDocs 200 defines “Change
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Stop the Hand-Off!
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To educate and equip subcontractors and suppliers with the knowledge and resources they need to thrive in the construction industry. Additionally, FASA raises awareness about issues critical to and about construction in the United States.
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Understanding the Experience Modification Rate
- Podcast
- October 31, 2024
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