Construction

October 20, 2021

OSHA Reveals the Top 10 Most Cited Standards for the 2021 Fiscal Year

Using preliminary data, the Occupational Safety and Health Administration (OSHA) recently revealed its top 10 most frequently cited standards in the 2021 fiscal year. This information is valuable for businesses of all kinds as it helps them identify common exposures that affect their workforce and gives them the information they need to plan their compliance...

October 18, 2021

Boost Your Company’s Safety Culture

Safety culture is a much-discussed concept these days, but what does it actually mean? According to the Occupational Safety and Health Administration’s (OSHA) Construction Safety & Injury Prevention Program Workbook, “a culture is an attitude that develops over time, based upon learning, personal experiences, beliefs, and upbringing; and is widely demonstrated by company staff. While adjusting...

October 4, 2021

Cal/OSHA to Expand Enforcement Authority

On Sept. 27, 2021, California adopted Senate Bill 606 (SB 606) to expand the state’s Occupational Safety and Health Administration’s (Cal/OSHA) enforcement authority. Among other things, SB 606 creates a new egregious violation citation category and an assumption that violations are enterprise wide under certain circumstances. SB 606 also addresses issues with abatement, notice in...

September 27, 2021

How to Safely Utilize Temporary Heaters at the Construction Site

As summer ends and outdoor temperatures begin to drop, it’s important for construction employers like you to find ways to keep the job site warm. Doing so can offer a variety of benefits, such as ensuring employee comfort, preventing frozen pipe concerns and permitting construction materials and equipment to function appropriately in cold weather. Temporary...

September 24, 2021

Aging Buildings: Roofing Systems

Roofing systems are more complex than meets the eye, and they can develop structural issues if they are not properly updated and maintained as they age. When assessing the structural integrity of a building’s roofing, the main concern is the age of the roof itself, not the building’s age. In fact, old buildings with new...

September 22, 2021

Catastrophes and COVID-19 Fallout Proving Especially Challenging for Real Estate Companies

Among the many industries suffering from the dual impact of COVID-19 and severe weather events, few would want to trade places with the real estate sector. Between tenants having difficulty paying rent or trying to break leases, a myriad of rules around COVID-19 safety, volatile construction material and labor costs, and record-breaking hurricane and wildfire...

August 27, 2021

Cyber Liability Coverage in the Construction Industry

In recent years, cyber incidents have surged in both cost and frequency. These incidents have become a pressing concern for organizations of all sizes and sectors—and construction companies are no exception. Although employers within the construction industry may think that their cyber exposures are minimal, this often isn’t the case. Rather, such vulnerabilities can come...

August 19, 2021

Structural Issues and Aging Buildings

While modern building codes and structural engineering have made buildings extremely safe, facilities managers must maintain a high level of upkeep for them to remain that way. As buildings age, they can lose their structural integrity. As such, if simple repairs are left untended, they can balloon into bigger issues, potentially causing significant damage that...

August 11, 2021

LIHTC Recapture Bonds: Top Questions Answered

We recently interviewed CMR’s Principal/President and Surety Practice Group Leader, Travis Pearson on the top questions that we receive regarding the LIHTC Recapture Bond.  While the IRS no longer requires a disposition bond (IRS form 8693) to avoid tax credit recapture in the event of ownership disposition in a Low Income Housing Tax Credit Section...

August 2, 2021

Preparing Workers’ Comp for Future Pandemics

Intending to recognize additional catastrophic exposures on workers’ comp systems that can impact ratemaking, the National Council on Compensation Insurance (NCCI) is proposing that any event exceeding $50 million in losses be excluded from the data used to set rates, including future pandemics. Other than certified acts of terrorism, NCCI’s catastrophe provision only accounts for single-event losses...