Category: Construction

Product Recall Insurance vs. Product Liability Insurance

When a product recall occurs, the financial impact extends well beyond replacing or repairing a product. The costs of notifying customers, removing products from the market, managing operations, and protecting your company’s…

What Homebuilders Should Know About Defect Claims

Building a home requires careful planning, quality craftsmanship, and coordination among multiple contractors and suppliers. Even with strong project management, issues can arise after construction is complete. When they do, homeowners often…

Habitability Claims: What Owners Need to Know & How to Reduce Risk

If you own or manage multifamily properties in California, you’ve likely felt the pressure of today’s insurance and legal environment. Habitability claims have increased sharply, often involving issues like water intrusion,…

Reduce Workplace Injuries by 35%? How Visual AI Makes It Possible

Imagine reducing workplace injuries by 35%—not over years of slow process changes, but in the first year of implementation. That’s exactly what’s happening with CompScience, a company revolutionizing workplace safety through visual…

Inspections of Public Works Projects Increase

Written by: Edward Johnson, VP Construction Risk, BIS Construction companies and contractors that work on publicly funded projects in California can expect increased enforcement activity from a new task force that will…

Promoting a Culture of Worksite Safety

Summer months bring warm weather, travel plans, and a spike in serious injuries and fatalities, particularly in the trades, according to Dag Yemenu, executive vice president, products, at ISN Software Corp., an online…

Protecting Your Construction Firm through Contractual Risk Transfer

Are you retooling your business to more effectively deliver value for your clients and improve your profitability? Effective risk management is also important to your bottom line. Here’s why: risk exists and…

The 411 on the IIPP

By: Chad Watts, CIC, CRIS Is this your safety program? If you answered “yes”, then it is time to dust off and look at your Injury & Illness Prevention Program (IIPP). Remember,…

3 Pillars to Make 2019 Your Construction Firm’s Best Year Yet

As construction firms reflect on their 2018 results and how to make 2019 even better, here are three pillars to keep in mind. 1. Communication Uniting the team behind the company’s…

The Project “Completion” Paradox in California

We’ve written before about why the date of “completion” on a California construction project is important, and why, if I may be blunt, determining that date can be as frustrating as a…