Ready to Respond? Contractors' Best Practices for Performance Bond Claim Preparedness
- Claims, Insurance, Risk Management
- April 23, 2024
By Michael McLin, Maxim Consulting Group The COVID-19 pandemic has had far reaching impacts on the U.S. economy. Companies in once successful industries across the United States have felt the immediate impact of the current pandemic in the most devastating ways. Since March 2020, many companies have come to a complete and total shutdown, displacing
READ MOREBy Joseph M. Kanfer, Esquire, Woolford Kanfer Law, P.C Buy-sell agreements are an important part of planning for subcontractors as well as other small businesses. A buy-sell agreement controls when and how owners of a company may sell their interests in the company to each other and to third parties. Buy-sell agreements can be used
READ MORESmall business owners have put their heart and soul into building their businesses, and they deserve to have top security and peace of mind just like the big boys. A security and CCTV system can be a significant expense, but it is one that pays off in the long run for small businesses. What are
READ MOREBy Jessica Meno, writer Staying safe and compliant is the top priority on any construction site. From potential falls to electrical hazards, there are many protections you need to put in place to keep workers safe—not to mention all the new safety risks and protocols added for COVID-19. How can you best ensure (and prove)
READ MOREBy Hannah Sullivan, Pogo Insurance One of the great debates among the contractor community is in regard to workers’ compensation insurance. Who’s responsible for providing it — the general contractor (GC) or the subcontractor? In the United States, workers’ compensation coverage is mandatory for W-2 employees once a business has reached a certain size. This
READ MOREBy Hannah Sullivan, Pogo Insurance Job sites are full of potential dangers, and getting hurt on the job can result in hefty medical bills. That’s why people – and companies – buy insurance. What does Workers’ Comp Cover? An injury could happen suddenly and unexpectedly at any time. You could get punctured from handling sharp
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