How to Control Potential Construction Surety Claims

Why surety manager Monica Donatelli keeps the line open to Crossland Construction’s Maurice Harley . . . The relationship between construction management and general contracting powerhouse Crossland Construction Co. and insurance broker and surety bond producer IMA Inc., both based in Kansas, goes back 30 years and involves many people. One of them is Columbus-based[…]

What Trends Are Impacting Construction Insurance?

The US construction industry experienced an optimistic 2016 with modest, steady growth across all sectors. Despite seasonal swings and uncertainty in the potential impact of regulatory and legislative changes, US construction continues its gradual progress forward according to JLL’s Q4 2016 US Construction Outlook report. Economists predict that the construction industry will grow approximately 5%[…]

How to Hardly Ever Take a Loss in Construction Insurance

It’s one of the most complicated topics in insurance but comes with the benefit of helping ensure commercial properties “hardly ever take a loss” according to David Gross, Managing Director of Burns & Wilcox Brokerage. Additional Insured clauses in construction insurance are designed to share risk from the property’s owner to its contractor to its[…]