Builder's risk insurance should always be a part of the initial triage of deciding what to do next to get the project back on ...
Explore the coverage and limitations of all risk insurance. Understand its exclusions and how it's different from named perils insurance policies.
Residents at the site where a two-storey building under construction collapsed in Itierio, Kisii County on April 6, 2025. [Sammy Omingo, Standard] Construction projects are inherently risky, involving ...
It's free, simple and secure. Builder's risk policies also usually include coverage for materials, like lumber and drywall. The policy pays out if a worksite is damaged by fire, lightning, vandalism, ...
The construction industry is experiencing a period of unprecedented transformation. As established hazards persist and new threats emerge, stakeholders across the sector are challenged to balance ...
The construction industry is one of the most dangerous professions in the country. In fact, in 2023, about 1 in 5 workplace deaths occurred in the construction industry and 38.5% of these deaths were ...
It is critical for contractors to understand the insurance requirements in construction contracts, as these projects carry very high levels of liability and risk. Construction involves moving ...
In the UK Court of Appeal decision in Sky UK Limited and Mace Limited v. Riverstone, authoritative guidance has been provided on certain key principles that apply to Construction All Risks insurance ...
In the 1990’s it wasn’t uncommon to define risk management success as just limiting the number of deaths on a project site and purchasing and renewing insurance policies. But over the last 25 years, ...
The construction industry is one of the few industries still strongly associated with manual, in-person labor. While other industries have long been transformed by the tech revolutions of the last few ...
Construction projects are inherently risky, involving complex tasks, heavy machinery, and numerous workers. From design to completion, various hazards exist that could lead to significant financial ...