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California Updates: New COVID-19- Prevention Regulations
On Thursday 11/20/2020, the Cal/OSHA Standards Board approved emergency regulations for a COVID-19 Prevention Plan that will go into effect on Friday...
Wrap-Ups – A Closer Look at Financial Risk
You have decided to utilize a Controlled Insurance Program (CIP, also known as a Wrap-Up) for your construction project. That’s great! Now deciding...
6 Types of Wrap-Up Programs
Wrap-Up Insurance Programs are an attractive alternative to insure a project. These programs allow for the Purchaser (typically an Owner, Developer,...
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...