Ready to Respond? Contractors' Best Practices for Performance Bond Claim Preparedness
- Claims, Insurance, Risk Management
- April 23, 2024
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Digital Safety in Construction: A Priority for Modern Contractors0
- Best Practices, Improving Productivity, Outlook & Trends, Risk Management, Safety, TECHNOLOGY
- June 25, 2024
By Patrick Hogan, handle.com Safety in construction extends beyond physical hazards. With the increasing reliance on digital tools and technology, safeguarding a company’s data is critical. As cyber threats and poor digital security can lead to data breaches and operational disruptions, protecting digital assets has become as essential as ensuring physical safety on the
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Ready to Respond? Contractors’ Best Practices for Performance Bond Claim Preparedness0
- Claims, Insurance, Risk Management
- April 23, 2024
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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Minimize Risks in Contractor Dispute Settlement Agreements0
- CONSTRUCTION, Contracts, Legally Speaking, Risk Management
- April 23, 2024
By: Benjamin Lajoie, McGlinchey Stafford PLLC Disputes between contractors, subcontractors and/or owners are relatively common in the construction industry. Although you should not appear over-eager in rushing into a settlement to avoid the time, costs, and stress that comes with protracted litigation, when settlement appears likely and in your company’s best interests, full attention to
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Striking The Balance Between AI And The Human Touch0
- Improving Productivity, Leadership, Outlook & Trends, Risk Management, TECHNOLOGY
- January 23, 2024
By Claire Wilson, Siteline Today, artificial intelligence (AI) technologies are everywhere, impacting various industries and transforming how we live and work. While the construction industry has been slower to adopt AI than other sectors, it’s still making progress toward leveraging the benefits of this transformative technology. But to unlock AI’s full potential, our industry must
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Construction Companies Are At High Risk For Deepfake Attacks: Here’s What To Do To Protect Yourself0
- Outlook & Trends, Risk Management, TECHNOLOGY
- January 23, 2024
By Josh Weiss, 10to1pr Artificial intelligence is powering a broad range of tools that can build incredible efficiencies in the construction industry. In the right hands, AI can be used to reduce costs, identify safety hazards, monitor quality control, and solve administrative scheduling issues. In the wrong hands, AI can be used to create deepfakes
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Handling Risk Even After The Project Is Finished0
- Best Practices, Contracts, Risk Management
- January 22, 2024
By Bri Souder, Marsh McLennan Agency It’s finally arrived. The final day of your project is here, and now you can celebrate and look forward to other projects on your list. Of course, the construction industry is not always that simple. While you and your team have completed the project, that doesn’t mean the risk
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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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