Guidance for Subcontractors: Taking the Stress Out of Controlled Insurance...
Before you bid on a construction contract, knowing your insurance obligations will help you avoid unforeseen challenges. Getting into a CIP and complying with the rules is far less stressful if you...
View ArticleProperty & Casualty Rates Kept in Check; No Profound Impact from Sandy
The results of the first nine months for the U.S. property and casualty market were recently released indicating a U.S. property and casualty market with near-record capacity, a large drop in CAT...
View ArticleStatutes Of Repose Let Sleeping Lawsuits Lie – But Not When The Government Is...
Statutes of repose are designed to put potential lawsuits arising from long-ago projects and design professionals worries about them to rest. Most states have a statute of repose requiring that suits...
View ArticleFree Webinar Offers Tips on Taking Advantage of Construction Comeback
As the construction industry is poised to make a comeback after the economic downturn, business leaders and risk managers need to be positioned to take advantage of this growth. Michael Campo, team...
View ArticleEnsuring Adequate Construction Site Coverage
Construction sites can be a flurry of activity. In addition to focusing on quality construction and completing projects on time, site owners must be sure risk management measures are sufficient. A...
View ArticleLockton Market Update – P&C Insurer Profitability Rebounds Q1 2013
The US property and casualty insurance industry experienced a sharp uptick in profitability for the first quarter of 2013. With the release of these numbers, Lockton experts weigh in on current...
View ArticleConstructing a Strong Contract
Contractual Agreements and Their Impact on Additional Insured Endorsements In the construction industry, companies routinely transfer their liability risks to others through the use of contractual...
View ArticleProperty & Casualty Market Update: Summary of 2013 and Looking Ahead to 2014
The market rebounded at the beginning of 2013 and remained strong through the first half of the year. As 2014 approaches, Lockton experts reflect on the state of the Property and Casualty market and...
View ArticleConstruction Growth Brings Opportunity, New Risk Exposures
It’s safe to say the construction sector is finally rebounding from the recession. Nonresidential construction forecasts predict a 5% to 7% increase in spending in 2014. While this growth is welcome,...
View ArticleP&C Market Update: How TRIPRA Nonrenewal Affects Insurance Programs & Why...
The non-renewal of the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) has far-reaching implications, as the federal backstop will be unavailable to traditional insurers as well as to...
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