IBHS’s Wright on how the insurance industry is approaching disaster mitigation through innovative building standards and state-level partnerships.

Insureds are encountering more challenges when purchasing builder’s risk policies.

“Relationships are certainly important, but how well you serve your customer and help them solve their problems is how your level of success is defined.”

Mortenson, a leading construction company, faced unique challenges in managing the health and wellbeing of workers on a long-term project. As over 30% of the workforce came from outside the local area, many employees found themselves far from their usual support systems and medical providers for extended periods. This situation led to increased emotional and… View Article

Superior Construction Co. Inc., based in Jacksonville, Florida, has implemented innovative strategies to keep employees engaged, valued and supported throughout the injury recovery process. The company recognized that maintaining employee connection and facilitating a smooth return to work were critical challenges impacting their program. Tackling the Problem To address these issues, Superior Construction introduced several… View Article

Mortenson, a leading construction company, faced unique challenges in managing the health and wellbeing of workers on a long-term project. As over 30% of the workforce came from outside the local area, many employees found themselves far from their usual support systems and medical providers for extended periods. This situation led to increased emotional and… View Article

Construction fatalities rose nearly 40% from 2011-2022, with falls and transportation incidents as leading causes of worker deaths, according to a data bulletin from The Center for Construction Research and Training.

By working to improve employee mental health in construction, Jason Malatak is also addressing a range of other issues, from quality of work to employee retention.

Amidst a steady construction activity level, NYC sees a 36% drop in fatalities in 2023 but a troubling 25% rise in injuries, according to the New York City Department of Buildings’ annual report.

QBE survey reveals cybersecurity threats, financial challenges, and labor shortages as the industry’s top concerns

Navigating the complexities of insuring billion-dollar ‘mega projects’ in the construction industry, Adrian Pellen of NFP shares insights on leveraging data, technology, and innovative insurance products to manage risk.

When it comes to managing construction defect claims, insureds should be looking for an insurance partner that has a sharp eye on the market and is keeping pace with today’s trends.

The U.S. construction insurance market is stabilizing after a challenging period, but will still face rate pressures due to inflation, interest rate uncertainty, and rising claims costs, according to a recent WTW report.

The young broker talks building a career in insurance and working as a woman in a male-dominated industry.

For the savvy risk professional, the one charged with great power to protect construction workers and the bottom line, becoming a mitigation hero is more than a necessity — it’s a responsibility.

This year 6 brokers were selected as Construction Power Brokers.

Aspen Insurance is taking interest in the wellbeing of construction workers, especially given the mental health challenges they face.

Climate change is warping many domestic and global industries. Construction may prove to be one of the hardest hit.

Many carriers are overcautious when it comes to mass timber construction, leaving insureds with a case of sticker shock. But as the sustainable building material’s popularity grows, some insurers are leading the way with better guidelines and more tailored coverage.

While AI has penetrated awareness in the larger culture, construction companies have been delving into it themselves in recent years including using it to optimize work schedules, to improve workplace safety, and to keep a close eye on construction sites.