Make Sure Your Frame Construction Project Is Picture Perfect

A building’s frame is an integral component of structural integrity. While several techniques exist for frame construction, under ISO Construction Class 1, frame construction refers to buildings with combustible exterior walls, floors and roofs, or buildings with noncombustible or slow-burning exterior walls with combustible floors and roofs. It’s typical for the exterior walls to be…

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What Is Supply Chain Interruption Insurance?

A business supply chain is generally organized into three primary parts, or links, all of which can suffer interruption and cause financial loss to others in the product flow: The parties and processes involved in getting raw materials or components to a manufacturer The manufacturing process itself The distribution of goods for eventual sale to…

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Local Freight Trucking Has Specific Insurance Needs

The nation’s local freight trucking industry topped $99.5 billion in revenue in 2022, according to a November 2023 report from IBISWorld. Even with 10% average market growth each year from 2017 to 2022, plenty of upside potential still exists. Consumers are demanding fast delivery and the barriers to market entry are relatively low for small-scale owner-operators.…

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Special Events Mean Special Attention To Coverage

If you own or run a business, sponsoring and participating in special events are great ways to support your local community. Good intentions won’t protect you from liability, however, if someone gets hurt or suffers property damage during a street festival, art show, outdoor concert or other event you or your employees may be involved…

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Manage Subcontractor Default Risk

The success of any construction project depends on hiring qualified subcontractors and making sure they can finish the job on time and within budget. Too many construction projects have gone bad due to subcontractor problems, whether it’s scheduling issues, lack of skilled labor, financial difficulties or a contract dispute. You can take steps to avoid…

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What Liability Exposures Do Your Organization Face?

Almost every organization faces commercial liability exposures. A commercial liability loss exposure is a condition or situation that presents the possibility of an organization becoming legally and financially responsible for injury, harm or damage to another party. These exposures stem from the kind of work an organization performs and where that work is executed. They…

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Contractors – do you know how to insure your project?

Not long ago, owners, general contractors, subcontractors, architects and engineers on large construction projects all had separate general liability insurance. On-site contractors also secured their own workers’ compensation insurance. According to the International Risk Management Institute, all these insurance coverages added about 6% to the total project cost. Often, project participants were confused about who…

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Look Up….Look Out!

Prevent Falling Merchandise! Objects falling from above can pose a serious danger, and you are at increased risk when merchandise is stored above you. Don’t think you are at risk? Consider the following incidents: A warehouseman was paralyzed after 400 pounds of cardboard slid off a rack that was bumped by a lift truck. A…

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Supply Chain Risk Management

While lean production has become a cornerstone of successful supply chain management and a way for businesses to stay flexible and responsive to changing tastes in their markets, the dependence on and relationship with suppliers resulting from outsourcing and minimizing stock creates a host of exposures. Successfully navigating and managing the risks presented by a…

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Elevators…lots of ups and downs!

Elevators have come a long way in the past few decades, largely due to advancements in electronics and the addition of computer monitoring. They are no longer simple pulley systems capable of being maintained and repaired by the average technician. If an elevator in your building requires maintenance, chances are you’ll need to hire a…

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