Uncategorized
November 18, 2021
What Does Bonded And Insured Mean?
Having business insurance and bonds can help safeguard a small business. A business insurance policy protects your business from financial losses after unexpected problems—and clients sometimes want to work only with companies that have business insurance. Depending on the industry you work in, you may also need to buy bonds before clients will hire you....
May 26, 2021
Protecting Construction Workers in Summer Conditions
As summertime approaches, it’s important to ensure your employees will be properly protected at the construction site. After all, summer is often the hottest season of the year, typically accompanied by surging temperatures and increased humidity levels. Such weather conditions can greatly increase the risk of your employees experiencing numerous complications on the job—especially heat-related...
May 4, 2021
Determining Whether Employees’ Injuries and Illnesses Are Work-related
Navigating employee injuries and illnesses (and subsequent workers’ compensation claims) can be very complex and overwhelming to many employers. As such, it is important that employers understand how to determine whether their employees’ injuries and illnesses are work-related or not. After all, such a distinction plays a critical role in determining whether employees’ injuries and...
April 19, 2021
Direct and Indirect Workers’ Compensation Costs Explained
Workers’ compensation claims have a variety of different costs associated with them. Some of these costs are expected costs, while others are unexpected. Here’s the difference between these terms: Expected costs are those that are covered by workers’ compensation insurance. Such expenses are commonly referred to as direct costs. Unexpected costs are those that workers’...
March 2, 2021
Potential Environmental and Regulatory Liabilities at Real Estate Entities
The most common environmental and regulatory exposures encountered by real estate entities include: Contaminants from known and unknown historical usage/operations or neighboring properties. Investigation and defense due to local and regional soil and groundwater contamination. Air emissions from ammonia-based refrigeration systems. Construction debris containing hazardous materials (e.g. paint cans, tars, etc.) Sick Building Syndrome (i.e....
February 24, 2021
OSHA’s Latest COVID-19 Guidance for the Construction Sector
The COVID-19 vaccine rollout offers significant promise in the ongoing effort to curb the pandemic. However, even in the midst of this rollout, it’s vital for employers to promote workplace health and safety measures to protect their staff from COVID-19 exposures. The construction industry is no exception to these protective measures, especially considering that most...
February 17, 2021
Commercial Vacancies Are Reaching New Highs: How To Make The Most Of 2021’s Opportunities
By the end of 2021, some people will have returned to work on-site, but many others will never return. The pandemic has permanently changed how and where millions of people will work in the future. The change is expected to have a significant impact on real estate markets nationwide. Although some people, myself included, have...
January 14, 2021
Renewals May Mark a Turning Point for Workers Comp
COVID-19, low interest rates and higher claim severity due in part to an aging workforce are among the factors that have reversed a years’ long trend of flat or lower renewals for workers compensation coverage, experts say. “In the rate environment we are starting to see it tick up from a flat renewal to the...
December 30, 2020
5 Commercial Real Estate Trends to Watch Going Into 2021
2020 is almost over. As many of us emit a sigh of relief, it’s time to reflect on what the year has brought us. COVID-19 and a worldwide pandemic have been at the top of the list for sure, but what has happened with commercial real estate trends? Let’s take a look. Commercial real estate trends...
December 29, 2020
Winter Weather Safety Precautions
Winter weather—such as frigid temperatures, icy conditions and snowfall—can create a wide range of challenges at the construction site. Specifically, it can become more difficult to ensure employees’ safety in such weather. After all, working on icy surfaces can increase the likelihood of slips and trips taking place, while exposure to cold temperatures can lead...