An insured, bonded contractor offers more financial protection if something goes wrong or someone is injured during construction. It's not enough to rely on the contractor's word that he's got ...

Every construction project is a team effort, with multiple subcontractors bringing individual expertise to the table. Each subcontractor comes with unique insurance requirements that need tracking and ...

Les Masterson is a deputy editor and insurance analyst at Forbes Advisor. He has been a journalist, reporter, editor and content creator for more than 25 years. He has covered insurance for a decade, ...

The construction industry continues to face the challenges of supply chain snags, inflation and persistent labor shortages—a situation that has become all too familiar. Amid these challenges, the ...

Builder’s risk insurance covers property and construction materials during a construction or renovation project. Builder’s risk insurance protects property and materials during a construction or ...

It is critical for contractors to understand the insurance requirements in construction contracts, as these projects carry very high levels of liability and risk. Construction involves moving ...

Roofing insurance is usually a package of policies. It helps protect your business from lawsuits, accidents and property damage. Whether you're installing residential shingles or managing commercial ...

Workman's comp insurance, usually referred to as workers' compensation insurance nowadays, is a business insurance policy that protects employees who get injured while performing duties at work. The ...

Firms that deploy AI and automated equipment can potentially gain advantages in safety, speed and cost, but the legal infrastructure to ...