Understanding Construction Contract Insurance Requirements: How to Avoid Costly Gaps and Legal Risks
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 ...
If you’ve ever retained a home-improvement contractor, you’ve almost certainly received enthusiastic assurances that he or she is “licensed and insured.” But what exactly does that mean the context of ...
Construction business leaders know how quickly market conditions can shift. Tariffs, labor shortages, and inflationary pressures are changing the cost of doing business, while technology and legal ...
Rachel Rabkin Peachman is a Forbes senior editor. Jesse Kohlbecker, vice president of claims and client services at the company, says that in 2023, even during the “three largest claims events in our ...
An invisible shift is happening in the insurance sector as business owners, like contractors, are moving away from generalist agencies for firms dealing in niche areas. The need for specialized ...
CHICAGO, IL, April 8, 2026 (EZ Newswire) -- Farmer Brown, opens new tab announced expanded guidance for contractors seeking builders risk insurance, opens new tab and related coverage. The company ...
Much of the American construction industry, not long ago, treated insurance as a routine annual business requirement, revisited only during policy renewals or claims. But construction today operates ...
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