As 2026 dawns, project insurance remains one of the most critical risk management tools for developers, builders and design professionals. Yet with multiple acronyms out there such as OCIP, CCIP, OPPI ...
Modular construction has gained significant popularity in recent years, with an estimated market size of $131.58 billion by 2030, according to Fortune Business Insights. Modular construction involves ...
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 ...
With growing interest around the globe – and government programs to support the shift – both designers and construction firms are taking on an increasing number of green projects, both in Ontario and ...
Subcontractor default insurance (SDI) transfers subcontractor default risk to an insurance carrier, ensuring that the ...
A profound shift in the U.S. property development sector has emerged in recent years, and it’s shaking the very foundation upon which buildings are constructed. The changing attitude of insurance ...
This article is a tool for stakeholders involved in infrastructure projects. It conveys knowledge about the complexities of builder's risk claims, offering insights into risk management strategies, ...
Construction insurance premiums of all kinds rose 4.6% in the first quarter of 2024, according to a midyear market report by the Council of Independent Insurance Agents & Brokers. The data was ...
Liberty Mutual says general contractors navigating Canada’s $115 billion infrastructure push risk delays, cost overruns, and exposure unless paired with specialized brokers ...
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