Construction Insurance Blog

Design-Build Approach Reshaping Delivery of Construction Projects

In recent years, construction project management has changed in favor of a streamlined process that minimizes friction, centralizes responsibility, and increases focus on quality and completion. The shift may benefit everyone involved. Traditionally, construction projects have involved project owners’ hiring the architect/designer and contractor separately. Under this approach, the project owner requests a bid for […]

What to Include and Look for in a Construction Contract

Construction contracts are one of the most critical aspects of a project. They define the parties involved, the work to be performed, how the work will be done and when it will be done, what materials will be used, and how much the project will cost, among many other things. Following is a list of […]

2022 Construction Industry Market Outlook

Despite grappling with the ongoing effects of the coronavirus pandemic, 2021 was a strong year for the construction industry. Total construction spending reached a record high in July of 2021 and, since Q3 of 2020, the industry has added over $20 billion to the economy each quarter. While the road ahead is by no means […]

What Is Construction Project Specific Insurance?

Purchasing insurance can be a headache, and, with clients to please and employees to manage, the last thing you have time for is sifting through policy paperwork. Operating without insurance is costly, but so is operating while underinsured. It’s about finding the sweet spot, having enough coverage but not so much that you are paying […]

A Look Inside Home Design and Building Trends

With constant technological advancements and ever-changing tastes, the construction industry is always evolving. Staying on top of trends helps you interact more meaningfully with clients – it shows them your passion for and knowledge of your industry. As we usher in the new year, take a look at some of the top trends in building […]

Top Tips on Getting Workers in Today’s Tight Labor Market

Supply chain disruptions and delayed projects are not the only things hindering the growth of the construction industry. The Home Builders Institute cites “a lack of skilled construction labor” as the key limiting factor to the industry’s growth. They report that the construction industry needs 61,000 new workers per month over the next three years […]