Ready to Respond? Contractors' Best Practices for Performance Bond Claim Preparedness
- Claims, Insurance, Risk Management
- April 23, 2024
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Simple Things You Can Do to Lower Your Experience Modification Rate1
- Best Practices, Improving Productivity, Risk Management
- October 24, 2022
By Robert Tuman, CCR Safety Consulting In my almost 40 years as a risk manager and safety consultant, I was privileged to work with contractors who over time succeeded in lowering their experience modification rates, resulting in lower workers’ compensation premiums and more favorable treatment when bidding work. Whether it is right or wrong, owners
READ MOREConstruction Contracts: How to Leverage them to Drive Efficiency and Save Money0
- Contracts, Improving Productivity, Outlook & Trends, Risk Management
- October 24, 2022
By Dan Broderick, BlackBoiler Apocryphally, the phrase “may you live in interesting times” comes from an ancient Chinese curse. In the words of Sir Austen Chamberlain, politician, and brother of the British Prime Minister, Neville, “The curse has fallen on us…we move from one crisis to another. We suffer one disturbance and shock after another.”
READ MOREWhy Your Team’s Innovation Depends on Interpersonal Risks0
- Best Practices, Improving Productivity, Leadership, Risk Management, Workforce & Professional Development
- October 24, 2022
By Dale Carnegie Staff Key Insights When psychological safety exists, team members are more collaborative and more comfortable taking the interpersonal risks necessary to be innovative and to successfully implement change. Teams that lack trust and psychological safety will struggle to be agile. Creating an environment of psychological safety relies heavily on the soft skills
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5 Easy-To-Implement Strategies To Reduce Financial Risk in Construction Projects0
- FINANCE, Risk Management
- July 26, 2022
By Patrick Hogan, handle.com The level of financial risk that construction businesses deal with is no joke. For every project, there’s always the possibility that you won’t net a profit or the payments get so delayed that other projects–and ultimately, your bottom line–are negatively affected. This is why more and more construction businesses put immense
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 MOREThe Economics of Construction Risk Management …0
- Best Practices, Construction in the Courts, Documentation, Risk Management
- July 26, 2022
…and the Human and Financial Ramifications of Managing vs NOT Managing Industry and Illness Risks and Exposures By Robert Tuman, CCR Safety Consulting TAKEN FROM A RECENT OSHA.GOV FATALITY AND CATASTROPHE LIST (NOTE THAT OSHA IS REPORTING DECEASEDS’ NAMES AND AGES): “4/10/22 Salena Williams (62) suffered fatal injuries in fall onto sidewalk” “3/28/22 Margarito Ladezma
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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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Understanding the Experience Modification Rate
- Podcast
- October 31, 2024
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