Brady Schlack

Contract Language: A Closer Look at Insurance Indemnification Clauses

News / By

The language of construction contracts is often complex, nuanced and in many cases, difficult to understand. That’s especially true for indemnification clauses. This part of the contract basically describes who is responsible in the event of a loss to a third party—such as a bodily injury or damage to property. Indemnification is a risk-shifting strategy …

Contract Language: A Closer Look at Insurance Indemnification Clauses Read More »

Professional Liability Insurance Provides Protection and Peace of Mind

Guide to Construction Insurance / By

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 …

Professional Liability Insurance Provides Protection and Peace of Mind Read More »

Employment Practices Liability Insurance: Essential Coverage for Employers

Guide to Construction Insurance / By

As American businesses continue to reckon with intolerant behavior in the workplace, it is more critical than ever to understand where your business is protected and exposed. In the United States, 61% of employees have experienced or witnessed workplace discrimination (Leftronic/Statista, 2020). It’s no surprise that according to researchers, three out of five employers will …

Employment Practices Liability Insurance: Essential Coverage for Employers Read More »