Liability insurance protects you and your subcontractors if you're sued. Unless your contract with the client mandates liability insurance, subcontractors aren't legally required to carry liability ...

A subcontractor hired by a general contractor (GC) for a construction project has a certain scope of work, usually spelled out in a contract between the two. Included may be safety responsibilities to ...

The American Subcontractors Association is warning its members to beware of contract language that may force subcontractors or their insurance carriers to pay for accidental loss, injury or property ...

DENVER, Sept. 8 /PRNewswire/ -- Crump Insurance Services, part of Crump Group, the nation's largest insurance wholesaler introduces an exclusive general liability program for subcontractors, both ...

Learn how contractors' all risks (CAR) insurance protects construction projects from property damage and third-party claims with comprehensive coverage.

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Andy Smith is a Certified Financial Planner (CFP®), licensed realtor and educator with over ...

On April 24, 2014, the United States Court of Appeals for the 11th Circuit issued an opinion affirming summary judgment deny a claim by the estate of a subcontractor's employee against a general ...

On June 29, 2020, the Michigan Supreme Court ruled that a subcontractor’s commercial general liability (CGL) insurance policy may provide a contractor listed as an additional insured on the CGL policy ...

Transferring Risk With Contracts, Insurance Coverage and Sometimes, Litigation A recent decision from the U.S. District Court for the Eastern District of New York illustrates an effective approach for ...

It's no secret that many subcontractors have sustained their fair share of hard knocks in the last year as a result of the economic crisis and construction industry downturn. However, the close of ...