How To Effectively Manage Workers’ Compensation Claims
Effective management of workers’ compensation claims involves prompt investigation, thorough documentation, timely reporting, and active management.
Tag Archives: construction
Cyber Threats in Construction
By taking a proactive approach to cybersecurity and implementing the best practices outlined in this article, you can help protect your organization from a cyber attack and, if one occurs, minimize the impact on your business.
Understanding Contract Surety Bonds
In the realm of construction and development, contract surety bonds are indispensable tools that ensure the successful completion of projects.
NYS 2024 Workers’ Compensation Updates
There have been significant changes applicable to New York State workers’ compensation in 2024. For the ninth consecutive year, an aggregate rate decrease is on the horizon.
The Importance of Wrap-Ups in Construction
On-site contractors also secured their own workers’ compensation insurance. According to the International Risk Management Institute, all these insurance coverages added about 6% to the total project cost. Often, project participants were confused about who had coverage or whose insurance would pay a claim.
Nail Down Quality Roofing Contractors Insurance
If you’re an experienced roofer, you know insurance is key to managing your risk and protecting your business from property damage, liability claims and work-related accidents. You may even have been asked to submit proof of workers’ compensation, property and general liability insurance to obtain your license.
Wired to Succeed in Solar Roofing
The solar industry is growing. The Department of Energy reports the number of photovoltaic (PV) installations increased by 44% year over year in the first half of 2023. That’s the fastest pace ever.
Why Contractors Need Professional Liability Insurance?
In the past, contractors didn’t need to be concerned about professional liability insurance. It was traditionally carried by architects, engineers and other design professionals for errors and omissions. But these days, construction companies must consider this coverage to complement their general liability insurance.
What is an NEP?
A National Emphasis Program (NEP) is a temporary specific hazard awareness program in which OSHA focuses their resources on.
Keep Financials in Order for Fast Bond Acquisition
Owners of construction projects often require contractors bidding on the job to secure bid and performance bonds.