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Construction Risk Management
A construction worker experiencing a Falling from a height accident from a scaffolding at a construction worker on the air at construction site, with a caution sign nearby The focus is on the fallen worker and the immediate danger
Learn MoreContractors General Liability Insurance
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Learn MoreWhat Is An ACORD 28?
In many cases, when lenders make loans secured by real estate, they’ll want to ensure that the borrower has property insurance and a sufficient level of it to pay off the loan in the case of damages. These lenders rely on getting proper proof of coverage through documents called certificates of insurance (COIs) for a […]
Learn MoreCan You Spot a Fraudulent COI? It’s Harder Than You Think.
The world of insurance can be very confusing to anyone – especially if the individual handling Certificates of Insurance (COIs) has no insurance background or hasn’t worked with insurance documents or endorsements in the past. And unfortunately, fraudulent COIs – while not extremely common – are certainly used by subcontractors caught in difficult situations and […]
Learn MoreACORD 27 Form
Long ago, before the formation of the Association for Cooperative Operations Research and Development organization, or ACORD, there was little to no standardization in the insurance industry. Every insurer essentially created its own policy forms, causing confusion and differentiation in a sector that could sorely benefit from one “correct” way to do things. Thus, a […]
Learn MoreYou Must Verify Insurance Compliance More Than Once a Year
Every January, the insurance compliance world goes through a massive shakeup because so many annual insurance policies renew on January 1st. That means a pile of work for insurance agents, who issue the policies; for insurance buyers, who pay for the policies; and for insurance compliance specialists, who have to make sure the new policies […]
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