Ready to Respond? Contractors' Best Practices for Performance Bond Claim Preparedness
- Claims, Insurance, Risk Management
- April 23, 2024
By Kevin McMahon, AIHA Construction Committee AIHA publication remains a valuable blueprint for meeting the COVID challenge Now that vaccines are widely available and COVID-19 cases are substantially lower, construction companies should re-evaluate their COVID-19 plans to be consistent with CDC and OSHA guidelines, which are frequently updated as the re-opening continues and the pandemic
READ MOREHowever, When the Tide Goes Out, We See Who is Skinny Dipping By Gregg Schoppman, FMI When most business leaders are asked about their perspective on the current market conditions, there is a “double edged” answer. On one hand, leaders are enjoying prosperity and in many cases see record high margins. Conversely, leaders also seem
READ MOREBy Timothy Woolford, Woolford Law, PC The good news for subcontractors is that the economy is beginning to take off following the Covid shutdown. The bad news, however, is that interruptions in the global supply chain and shortages in construction materials are causing delays and driving prices to all-time highs. The Wall Street Journal recently
READ MOREBy Chad Pearson, Plexxis Software, Inc. As a former police officer I tend to be more sensitive to predatory behavior. An infallible truth you learn in police work is that wherever you find opportunity, you find honest people serving others, and dishonest people serving themselves (at the expense of others). So that said, there is
READ MOREExamining the Upside of the Upside Down By Gregg Schoppman, FMI Sun Tzu, the author of The Art of War, was a military strategist and tactician that lived thousands of years ago. Yet he is arguably one of the most studied individuals by military minds, business leaders, coaches who leverage his countless principles and theories
READ MOREBy Gary R. Semmer, CIC, CWCAC, AssuredPartners, Inc. The Construction Insurance market has been firming up for the past two to three years driven by several factors including higher General Liability jury awards/settlements for construction injuries, Auto Liability awards based on distracted driving, and Property/Equipment climate related claims caused by catastrophic events such as Hurricanes,
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