Keeping Workplace Safety Costs Low

In worksites everywhere, there is a cliché: safety is everyone’s responsibility. Like with other pithy sayings, though, this cliché is accurate. To keep high productivity and employee morale, work places must be safe. Therefore, most companies in the United States must purchase workers’ compensation insurance to help promote employee safety. What is workers’ compensation insurance?…

Key Traits of Builders Risk Insurance Providers

Whether you are adding on to your current building or erecting a new infrastructure, it is important that you protect your investment. Proper builders risk insurance can help you to do just that. When selecting your provider, there are a few key traits to look for. Good Reputation One of the best ways to ensure…

Components of a Construction Risk Management Plan

In creating a construction risk management plan, you have four basic methods of dealing with your risk. Avoid the risk by changing the project, adding resources, or increasing the time allowed for the project. Transfer the risk by contracting out portions of the project. Mitigate the risk by reducing the chance of a damaging event….