Month: September 2021

Professional Liability Insurance Provides Protection and Peace of Mind

Mistakes can happen. For contractors offering design-build or construction management services, Professional Liability insurance can cover economic losses and the costs of repairs. While Commercial General Liability insurance covers financial losses due to bodily injury or property damage, Professional Liability insurance ordinarily protects construction companies for design mistakes, and errors and omissions.   For example, maybe …

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Workers’ Compensation Insurance in the Construction Industry: Best Practices

The Bureau of Labor Statistics named construction work as one the top ten professions for workplace accidents in 2019. Since construction sites buzz with activity, no matter how many safety policies are in place, accidents are bound to happen.  Workers’ Compensation insurance covers work-related injuries, disease, and fatalities with disability benefits, missed wage replacement, medical …

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Why captives are an attractive option for construction companies with strong safety records

You are in the business of saving lives and limbs. You are among the safest construction companies around. Why should you share in the risk of companies that are not as safety conscious as you are? That was one of the key messages delivered by a consultant from Captive Resources, who spoke with 35 contractors …

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Avoid Toxic Situations with Pollution Liability Insurance

As you bid on jobs, you may have noticed that Pollution Liability insurance is increasingly becoming a contractual requirement. That’s because environmental claims have increased dramatically in recent years. Climate change has raised public awareness about the impact of pollution, leading to new federal, state and local ‘brownfield’ initiatives and tax advantages for companies that …

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Maximize Your Protection with an Umbrella Policy

Umbrella insurance protects businesses from catastrophic losses by providing increased limits of liability for General Liability, Commercial Auto Liability, and the Employer’s Liability section of your Worker’s Compensation policy. It sits “over” these policies, picking up when the limits of each are exhausted.  Usually, the Umbrella policy provides the same type of coverage as these …

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MRG Encourages Girls to Consider Construction Careers

People don’t talk about the trades enough, especially for women. That’s one of the reasons I’m a member of the National Association of Women in Construction (NAWIC) Philadelphia Chapter. There are terrific career opportunities for females who aren’t college bound, and construction offers many of them. These types of opportunities were not discussed with me …

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