Get the latest updates in your email box automatically.
We are pleased to present below all posts tagged with 'construction industry'. If you still can't find what you are looking for, try using the search box.
Almost all businesses enter into numerous contractual agreements each year. These agreements are often given the same cursory review as an iTunes Agreement. Failure to closely scrutinize the details of these agreements can adversely impact the business’s total cost of risk in the event of a problem. The provision within the contract that impacts the business’ cost of risk more so than any other, especially in construction, is the Indemnification Agreement.
Contractual risk transfer is a critical component of effective risk management, but whether one is transferring the risk or assuming it, the exposure needs to be understood as not all indemnification clauses are covered under your insurance contract.
When Homer Auge talks about millennials on the job site, he’s speaking about his peers. The 34-year-old roofing project manager at Corporate Contractors Inc. (CCI) of Beloit is counted among the early members of the millennial generation, who now make up the largest generation in the workforce.
As agents that specialize in Worker's Comp and risk management, our biggest wish would be to get $1 for every time we heard a prospect say, "Worker's Comp, it's all the same, right?" In their defense, it's what they have been told by almost everyone in our profession. So, why would they think any different? Let us say it clearly, "Worker's Comp is NOT all the same!"
When I was a kid, my grandfather told me when he was a little boy, his father took a rowboat with my grandfather in it to the middle a of lake. Once there, he threw my grandfather overboard and pointed to the shore, telling him that he would meet, if he learned to swim. This practice was fairly common, and it brings to mind the phrase, “Sink or Swim.” I always felt fortunate I had swimming lessons in a swimming pool with a swimming instructor ...