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Does My Payroll & Claims Affect My EMR?
What is an EMR? The best way to understand EMR (Experience Modification Rate) is to think of it as a Credit Score. With a Credit Score, there are...
Year-End Planning for Working Capital
The fiscal year-end for many companies is just around the corner. Subsequently, now is a good time to begin tax planning while keeping in mind how...
How Surety Bonds Can Help Project Owners Minimize Their Risk
In the construction industry, Surety bonds are often an important part of a project. They help keep a project on track and ensure that there is a...
What is a Surety's Right to Subrogation?
Subrogation is a circumstance where an entity (Surety) is substituted into the place of another entity (the Principal) with regard to a claim or...
Ensure Your Surety Program Withstands the Construction Shifts
This article was written by TSIB’s Jeremy Pendergast and is published in the Construction News from Austin, Texas- Construction News October 2020...
COVID-19 Business Interruption Court Ruling – What it Means
An unprecedented court ruling regarding business interruption insurance claims impacted by COVID-19 ‘across the pond’ has many insurers and insureds...
The Differences Between Certified Payroll & Wrap-Up Payroll
Over the course of a construction project, Contractors may be asked to submit two different types of payroll for work performed on a particular...
Concurrent Delay vs. Assessment of Liquidated Damages
Initially, courts dealt with a dearth of sophistication when determining the responsibility for the concurrent delay in the assessment of liquidated...
Are We Done Yet? Strategies for a Successful Wrap-Up Closeout
Congratulations! You and your lower-tier Trade Contractors have finished all of your work on the project site. Today, we will discuss the closeout...