Courtesy Las Vegas Paving Don't overlook contractor's liability, Esposito says. Las Vegas Paving Corp. is a 54-year-old, privately owned heavy-highway contractor with roughly $400 million in annual sales. ENR contributor Tony Illia recently talked to Lou Esposito, the company's risk manager, about how he got started in risk management, what difference the recession has made in his approach and where insurance is heading. What is your background, and how did you begin working as a risk manager? Lou Esposito I began my career in 1980 as an adjuster trainee with Republic Claim Services. I handled small claims for The
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.