Vacant Property Coverage, for When You’re Between Tenants or Selling

vacant property coverage

After more than six years, it’s still a seller’s market, values continue climbing, and property owners, whether they’re holding residential, office or industrial space, are seeing their properties snapped up in days, sometimes hours. All of that can change when the economy slows, of course. And even in a hot real estate market, vacant space… Read more »

America’s Safest Companies: What They’re Doing Right

Injury and illness rates lower than the average for their industries. Comprehensive training programs. A look at what America's safest companies are doing.

Innovative solutions to safety challenges. Injury and illness rates lower than the average for their industries. Comprehensive training programs. According to EHS Today, America’s safest companies have all of the above and more. Better still, their attention to safety also makes these companies some of the most productive and successful in their fields. EHS Today,… Read more »

How to Qualify for a Performance Surety Bond

Construction surety bond underwriters don’t get any pleasure in saying “no.” Here are three things you need to be sure you've nailed down to get a “yes.”

Surety bond underwriters don’t get any special pleasure in saying “no.” Hard to believe, right? But the fact of the matter is that surety companies are in the business of issuing bonds, not denying them. So why do you keep getting the cold shoulder? The list of possibilities will, of course, be unique to you… Read more »

OSHA Offers Answers on Silica Standard FAQs

Most any general contractor could have told the public health researchers at the University of Massachusetts Lowell what their recent air samples showed. Protecting workers and bystanders from respirable silica during chipping and crushing activities is not easy, even when dust-control measures are in place. The air samples found that workers involved in chipping and… Read more »

Insurers Expanding into Subcontractor Default Insurance Market

subcontractor default insurance market

There’s good news to share for those in the commercial construction trade: The year ahead is likely to usher in a new era in Subcontractor Default Insurance, or SDI. For years, Zurich Insurance Ltd. had been the only insurer that offered SDI, in a line that it called Subguard. That slowly changed, however, as other… Read more »

4 Ways to Improve Construction Site Safety

Deaths and injuries are on the rise. Here are four ways construction companies can reduce workplace accidents and promote construction site safety.

If you’re in the construction business, the latest figures about workplace-related deaths in Colorado are nothing short of alarming, an urgent reminder to make sure you’re emphasizing training and safety. While the numbers for all industries saw a slight decrease from 2016 to 2017, fatalities in the construction industry jumped by almost 60 percent. The… Read more »

Safety Management: How To Compute Your Incidence Rate

You have a clear idea what your Experience Modification Rate is (or should be) and know all too well that the lower your “e-mod,” the better. But do you know what your company’s “incidence rate” is and how it can quickly hurt your bottom line? In the simplest terms, OSHA uses incidence rates to compare… Read more »

Understanding the Differences in Builder’s Risk Insurance Policies

Insurance policies can vary from carrier to carrier, sometimes in ways that might surprise. That’s especially true when it comes to builder’s risk policies, with terms and conditions that can be wildly different.

Insurance policies can vary from carrier to carrier, sometimes in ways that might surprise. That’s especially true when it comes to builder’s risk policies, with terms and conditions that can differ wildly. These policies also can be unexpectedly narrow, leaving contractors without the coverage they thought they had. A 2014 court case pitting a Denver-area… Read more »