Items Tagged with 'construction risk management'

Builders’ risk insurance is no longer a backstop as higher deductibles and tighter underwriting are reshaping how owners and contractors manage risk on active jobsites.

Stantec VP Jeff Albee says states and federal regulators should step into the void and begin developing the framework for responsible artificial intelligence regulation that doesn't stifle creativity.

After AECOM's net $44-million jury award on a disputed project, potential added interest gets interesting.

Chicago-based contractor has adopted the software startup firm as its risk review platform for all projects and at all stages of construction. 

More than 5,000 agency contracts "did not serve" U.S. interest, said the Secretary of State.

The industry seemed to feel trouble coming, according to a recent risk survey.

There is some hope for improvement in New York state’s awful insurance coverage environment, but it’s unlikely to come from state lawmakers.

A strange reason was found to skip a jury trial.

The industry's percentage of Hispanic construction workers increased from 16.5% in 2000 to 34% in 2023, with drywall installation, roofing and painting among the highest representations.

Work has resumed nearly a week after a craftworker fell to his death on the Suffolk Construction-led project.