It’s a tough time to be in the construction business in New York. All across the state, it’s an industry in crisis.
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.
A decades-long battle over New York’s Scaffold Law is heating up again.
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.
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
If you’re in a business that requires bonding, you know how competitive the process of bidding for contracts can be. With tens of thousands, often millions of dollars on the line, there’s a lot at stake. Your choice of a New York surety partner can make or break your shot at winning those contracts.
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.
With costs continuing to rise in every aspect of the construction industry, contractors are scrambling for ways to cut those costs. And since insurance is one of their biggest expenditures, many are adjusting their coverage in an effort to reduce their premiums.
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?
For decades, employers have operated under the threat of lawsuits involving discrimination, harassment, and retaliation in the workplace. But now there’s an even more menacing threat to your bottom line: wage and hour lawsuits.
Tags: New York construction insurance, new york construction insurance tip, wage and hour lawsuits, wage and hour litigation, flsa, fair labor standards act, epli, employment practice liability insurance, new york construction insurance experts