How do per- and polyfluoroalkyl substances (PFAS) impact the environmental liability market in construction, or do they? Do all contractors need environmental liability coverage? And if so, how can agents and brokers encourage them to purchase the cover? Dennis Willette […]
Tag: Construction
Travelers Doesn’t Owe in Apartment Construction Delay Case
A real estate investment firm isn’t covered for losses of rental income and soft costs over a delayed Missouri apartment construction project after the Eighth Circuit Court of Appeals determined the firm’s status as an “Additional Named Insured” doesn’t qualify […]
OSHA Campaign Targets Backover Incidents in Construction
OSHA has launched a new initiative aimed at raising awareness to prevent backover incidents on construction sites. More than a quarter of backover incidents occur in construction, leading all industries, according to the workplace safety agency. The #MirrorCheck initiative highlights […]
Should HOAs Take Out Construction Loans Just to Get Their Insurance Claim Paid?
Imagine your homeowners association gets walloped by a Minnesota hailstorm. Thirty-four buildings take a beating. You report the damage. Your insurer acknowledges it. You go through all the proper channels and even submit to the hallowed “appraisal process” designed to […]