The “Your Work” Exclusion in a General Commercial Liability Policy
- Best Practices, Contracts, Insurance, Legally Speaking, Risk Management
- July 26, 2022

By Patrick Hogan, handle.com Small subcontractors face a unique challenge in large commercial construction projects—big opportunities come with big risks. Long payment cycles, retainage withholding, and contract terms designed to protect general contractors and developers can make cash flow unpredictable. Without a solid strategy for managing payments, small businesses can quickly find themselves struggling to
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By Gary Semmer, AssuredPartners In the construction industry, contracts define relationships, responsibilities, and expectations among contractors, subcontractors, and owners. One of the most important yet often misunderstood elements in these contracts is the Additional Insured (AI) Endorsement, which provides extended insurance coverage and is important in managing risk for all parties involved in a construction
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By Builders Mutual Your insurance premium isn’t just another bill to pay each month. Your coverage is an important part of your business toolbox, helping to take care of injured workers, repair or replace damaged equipment, provide financial protection, and much more. Prompt claims reporting is important for speedy action if an incident does occur and
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Attacking the Misnomers of Preconstruction Strategy By Gregg Schoppman, Gregg.schoppman@fmicorp.com If you have ever called your pre-construction planning process a “dump meeting”, hand-off or turnover, please stop! The imagery of most pre-construction planning processes looks like it is setting the world speed record for paper shuffling. “Here are the plans, specifications, submittals, contact list, map
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By Gina Lockwood, Esq., Merchants Bonding The frequency and severity of claims ebbs and flows, dependent on a variety of economic influences. But whether claims are on the rise or on the decline, contractors should always understand a surety’s claims process, and have the right practices in place to mitigate potential impacts of a claim.
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