construction risk News
Construction Risks: Why a Focus on Safety Matters
When construction accidents happen in the United States, the worker often takes the blame. Companies often ask: "What did the worker do wrong?" according to safety expert TJ Lyons. Lyons believes a ...
U.S. Contractors, Insurers Overlooking Some Safety Improvements in Construction
Many American construction firms are failing to implement obvious and inexpensive safety measures that could save lives, reduce injuries and avoid costly insurance claims. And many insurers are not ...
Constructing a Post-Pandemic Construction Market
The construction industry may emerge from the pandemic strong or relatively unscathed compared to other segments of the economy. But it also faces its share of challenges in managing exposures, ...
XL Group: Teaching Spanish to Construction Site Managers Reduces Risk
After an initial pilot effort, XL Group plans to expand a program that teaches Spanish to clients' construction site managers so they can communicate the need for worker safety directly to their ...
Allianz Outlines the Insurance Needs of Emerging-Market Skyscrapers
As the number of skyscrapers and high rises jumps almost exponentially in Asia and the Middle East, the insurance industry faces major challenges in covering risks from construction to completion and ...
Munich Re Plans IT-Based Coverage For Unanticipated Construction Costs
Munich Re will work with a German specialty software giant to develop what it bills as the first global IT-based insurance product for large construction projects to handle unplanned expenses. A ...