Asbestos insurance claims still lurking – and evolving

Posted by John Cofini on Thu, May 22, 2014 @ 02:16 PM

For decades, the link between asbestos exposure and serious health issues has been well known. And asbestos litigation – the largest mass tort in U.S. history – isn’t showing any signs of slowing down.

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Tags: construction insurance, New York construction insurance, new york business insurance, risk management, asbestos insurance claims

Is wrap-up coverage right for your construction project?

Posted by John Cofini on Tue, Mar 18, 2014 @ 02:20 PM

Of all the challenges you face as a project owner or contractor on large construction projects, your New York construction insurance is likely one of your biggest and costliest headaches. With multiple subcontractors, suppliers, and insurance companies involved, you can find yourself dealing with unexpected coverage gaps, lapsed policies, or inadequate limits. And when a claim comes up, things can get complicated and expensive in a hurry.

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Tags: construction insurance, New York construction insurance, New York workers’ compensation, wrap-up insurance, consolidated insurance programs

Construction wage and hour litigation: Don’t press your luck!

Posted by John Cofini on Tue, Mar 11, 2014 @ 02:29 PM

St. Patrick’s Day may be just around the corner and you may be feeling lucky, but wearing green and carrying a four-leaf clover won’t protect you from this threat: wage and hour litigation. It’s one of the fastest growing and costliest threats to your construction business in recent years, and many experts think it’s the biggest employment litigation threat to American businesses today.

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Tags: construction insurance, business insurance, New York construction insurance, construction wage and hour issues, construction insurance quote, workers’ compensation insurance

Recent case affirms New York’s “absolute liability” for NY construction claims

Posted by John Cofini on Thu, Feb 27, 2014 @ 12:21 PM

It’s a tough time to be in the construction business in New York. All across the state, it’s an industry in crisis.

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Tags: construction insurance, New York construction insurance, Scaffold Law, absolute liability, NY construction claims

Don’t roll the dice on construction pollution risks

Posted by John Cofini on Thu, Feb 13, 2014 @ 12:51 PM

Construction projects and their environmental exposures are more complex than ever. All too many contractors gamble with their bottom lines – ignoring environmental exposures because claims are not frequent. But here’s the kicker – while these incidents may not happen frequently, they are very expensive. Cleanup and remediation can quickly eat up profits.

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Tags: construction insurance, New York construction insurance, contractors pollution liability, construction pollution risks, new york insurance blog

Construction Market Update – From Industry Growth to Business Insurance

Posted by Ronald Longueira on Tue, Dec 17, 2013 @ 11:58 PM

As another year winds down, analysts are weighing in on what’s been happening in the construction market this year and what 2014 might bring. Here are some of the highlights:

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Tags: construction insurance, business insurance, construction market, construction risk management

Why your construction business needs the best commercial auto coverage you can get

Posted by John Cofini on Wed, Nov 20, 2013 @ 11:59 AM

You’ve invested a lot of time, money, and hard work into building your construction and contracting business, and having the right New York business insurance coverage is a crucial part of protecting that investment.

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Tags: construction insurance, New York construction insurance, new york business insurance, commercial auto coverage, commercial auto policy, non-owned auto coverage

New York contractors: Are you ready for this professional liability scenario?

Posted by Ronald Longueira on Tue, Oct 08, 2013 @ 05:33 PM

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Tags: construction insurance, New York construction insurance, new york business insurance, New York workers compensation insurance, excess liability, New York contractors insurance, new York professional liability insurance, builders’ risk

As green construction flourishes, so do the risks

Posted by John Cofini on Wed, Sep 04, 2013 @ 11:54 AM

The energy crisis of the 1970s was the dawn of a new age of urgency in the search for more environmentally friendly building solutions, bringing “green” building practices out of the research lab and onto the jobsite.

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Tags: construction insurance, New York construction insurance, green construction, insuring new york’s construction industry

New York Construction Insurance: Why would your construction firm need cyber liability insurance?

Posted by John Cofini on Tue, Jun 11, 2013 @ 04:19 PM

Out of all the risks you face in your construction business, your vulnerability to a cyber attack probably isn’t at the top of your list. After all, you’re not likely selling products and services over the Internet like a retail store, so why would you think about including cyber liability insurance in your New York construction insurance coverage?

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Tags: construction insurance, New York construction insurance, new york construction insurance experts, milbrandt, new york construction insurance provider, cyber liability insurance