Ready to Respond? Contractors' Best Practices for Performance Bond Claim Preparedness
- Claims, Insurance, Risk Management
- April 23, 2024
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
READ MOREBy 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 MOREBy 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 MORE…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
READ MOREBy: Dale Carnegie Staff • To build a more positive, confident workforce in an era of constant change and disruption, encourage and reward risk mitigation and make sure people have the skills and clarity to adapt.• Resilience, which is a key building block of risk mitigation, is supported by two characteristics: a positive attitude and
READ MOREBy Robert Tuman, CCR Safety Consulting Note: OSHA citations are available to the public without login and password, and easily accessed by going to the OSHA.gov website and entering “Establishment Search” in the search box on the upper right hand side. PREPARING FOR AN OSHA INSPECTION Have your safety documentation readily available and keep copies
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