Insurance that covers incidents pertaining to the construction industry.

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construction insurance and surety

The Hidden Risk Gap Between Construction Insurance and Surety

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As a leader in the construction or development space, you must proactively manage risk from all angles. You have a commercial insurance agent to handle your liability policies. You have a surety agent to secure your bonds. You review the contracts,…
builder's risk insurance

Builder’s Risk Insurance: Avoid Jobsite Losses and Delays

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If you’re building new or renovating an existing property, there’s a significant coverage gap many owners and developers overlook. Standard property insurance protects finished, occupied structures, but during active construction, that…

Immigration Crackdowns Trigger Insurance Fallout in Construction Industry

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With tighter immigration crackdowns making headlines, a lot of the workforce—especially second- and third-tier subcontractors—is disappearing from  job sites out of fear of deportation... Now, with fewer boots on the ground, carriers are slapping on tougher terms, scaling back coverage, and bumping up premiums...

7 Common Insurance Errors Businesses Make

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We recently left a meeting with one of the largest construction companies in the country, whose sales are north of a billion dollars annually. The first comment my counterpart made was, “I cannot believe how poor their systems are...” I…
Workers safety agreement

REMINDER: Site Safety Training Requirements Due Dec. 1, 2019

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This is just a quick reminder to all our clients and friends that as of December 1st, 2019 per Local Law 196 of 2017, Site Safety Training or SST, workers at job sites requiring a Construction Superintendent, Site Safety Coordinator or Site…
Construction liability insurance

How The Insurance Marketplace Prices Your Construction Liability Policy

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Do you want the secret in understanding how the insurance marketplace prices your construction liability insurance policy renewals? This is an instructional piece to be shared with your staff members in charge of assisting in the design and…
Liability insurance program

Construction Liability Insurance: Why Loss Pics Are Important

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There is a secret to knowing your construction liability insurance renewal pricing months early. What if we told you that you could predict within a reasonable variance how much your construction liability insurance pricing will change at…
toxic stamp red

Why NY Construction Insurance May Be Toxic To Your Profits

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Why NY Construction Insurance May Be Toxic To Your Profits I was having a beer with a friend of mine at a golf outing recently. He’s an accountant in the construction practice group at a major accounting firm. I told him the story about a…