This week, the Court of Appeals of Ohio, Third Appellate District, in a ruling that reversed the Hancock County Court of Common Pleas, issued a welcome ruling for construction participants in the state of Ohio. The court held that the industry-standard Commercial General Liability (CGL) policy purchased by Charles Construction Services, Inc. from Cincinnati Insurance, […]
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Ten Things Every Sub Should Think About Before Signing That Subcontract
Many subcontractors feel increasingly hopeless about securing fair subcontract language, particularly in view of the shortage of profitable work during the economic downturn. While it is hard to walk away from work, sometimes it is better to lose a job than to do an unprofitable one. So subcontractors would be wise to ask themselves these […]
Ten Things You Should Know About Wrap-Up Insurance
A recent industry trend is the use of “wrap up” insurance policies, which cover contractors and subcontractors working on large construction projects for a large variety of risks. As wrap up policies are used more often, here are ten things you should know about wrap-up insurance policies: Are a single risk management program for most […]