Subcontractor default insurance (SDI) transfers subcontractor default risk to an insurance carrier, ensuring that the ...

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 ...

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 ...

With construction teams navigating the effects of the COVID-19 pandemic and the world’s material supply chains, securing project performance has perhaps never been at such a premium. If a contractor ...

Have your company’s insurance premiums gone up even though your losses don’t justify it? There can be many reasons for such increases, but according to the American Subcontractors Association (ASA), ...

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 ...

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 ...

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 ...

A subcontractor - contractor agreement is used when a contractor hires someone else (known as a subcontractor) to help with a specific task on a project. For example, an HVAC expert may be brought in ...

It’s alarming how often subcontractor agreements are disregarded by companies that subcontract work to vendors. The biggest exposure tends to be for contractors who subcontract work regularly. However ...

A combination of macroeconomic factors and a desire to drive top-line revenue continues to lead many subcontractors to underbid projects, sometimes unintentionally, ultimately contributing to ...