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- Best Practices, Improving Productivity, Insurance
- April 23, 2024
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What Does Your General Liability Policy Really Cover?0
- Insurance, Legally Speaking
- July 24, 2023
By Karalynn Cromeens, The Cromeens Law Firm PLLC The first rule to understanding insurance is that insurance companies are in the business of collecting premiums and not paying claims. This means if the insurance company can find a way to get out of paying your claim they will. The second rule of insurance is you
READ MORECrucial Steps to Succeed on Claims0
- Insurance, Legally Speaking, Risk Management
- July 24, 2023
By Timothy J. Woolford, Woolford Kanfer Law, P.C. Properly preparing and submitting construction claims is among the most important aspects of managing a construction project. Succeeding in your claim(s) can be the difference between a profitable project and one that loses money. Generally speaking, a claim is the assertion of a right to additional compensation
READ MOREThe 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?”
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Contract 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
READ MOREDoes 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
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About FASA
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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- Outlook & Trends, Safety
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