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Wage & Hour Coverage: The Hidden Costs of Overtime Pay
One way to identify risks for your company is to look at the insurance industry and what areas they have identified as threats. These are referred to...
What is a Risk Retention Group?
Due to the 1985 hard insurance market, Congress passed the Liability Risk Retention Act of 1986. The act allowed the authorization to purchase group...
What You Need to Know About Self-Insurance Programs
When it comes to risk financing for Contractors, there are a variety of methods that can be used to fund “hazard” losses. From Large Deductible...
The Process to De-Risking Your Business
The goal of having a Risk Management Plan in place is to minimize your company’s risk. This protects you, your company, and your employees.
Risk Management Benefits
Implementing a sound Risk Management program for your construction firm is necessary. Protecting your Business Risks, Strategic Risks, Financial...
3 Factors That Affect Your Insurance Premium
Have you wondered why your construction company is paying $X for your insurance premium while another firm is paying $Y? An insurance premium is the...
5 Steps to Implementing a Proper Construction Insurance Program
With your insurance program’s term coming to an end, you might be starting to think about your upcoming renewal. It might seem easier to stick with...
Crisis Management Planning for Your Construction Company
In this ever-changing climate, it is critical to be prepared ahead of time for events like liability claims, major accidents, community crises,...
Mid-Year Financial Planning Check-In
With the middle of the year and the end of the 2nd Quarter quickly approaching, as a construction firm Owner, make sure you are reviewing your...