Ebola: The New Construction Project Risk

Posted by John Mooney on Dec 1, 2014 1:15:52 PM

The global outbreak of the Ebola virus not only has long term social ramifications but economic ones as well.   Recently, this issue has become more and more prevalent on construction projects in developing nations.    When a local government considers a substantial construction project it is expecting certain economic outcomes to follow. In light of the Ebola crisis, risk managers of construction companies and material supply companies must now factor into their budgets the real likelihood of a project being delayed or shut down even after a substantial amount of funds have been expended.  A recent WSJ article, "Mining Projects Take Hit From Ebola Crisis",  spoke about how major mining efforts have come to a virtual halt in the regions where Ebola is most prevalent.   Work is now being disrupted by contractors pulling out of the area.  This could lead to a variety of claims being filed – which may or may not be covered.

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Topics: Construction, Construction Project Risk, Ebola, Risk Management Blog

High-Powered Construction Equipment Requires High-Powered Risk Protection

Posted by The ALS Group on Sep 25, 2014 7:48:43 AM

In 2012, the most recent year for which data is available, the United States Bureau of Labor Statistics reported 849 construction worker fatalities. Crane accidents make up a large number of these deaths and an even greater number of construction-related injuries each year.  Not only can a crane accident cause significant injury to workers on a construction site, but it can also cause injury and death to innocent passersby of the site.  Given the risk associated with crane operation on a construction site, what should you – owners and contractors – do to mitigate this risk and limit your exposure?

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Topics: Construction, Risk Management Blog

What is an Occurrence in NJ - Really...Possible Changes Coming to the Language of Construction Commercial Liability Policies

Posted by The ALS Group on Sep 15, 2014 3:31:40 PM

As you may or may not have heard, there is currently a bill sitting in the New Jersey Legislature, which, if passed, would swiftly alter the landscape of commercial liability policies for New Jersey construction contractors.

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Topics: Construction, Risk Management Blog

Indemnity in Construction Contracts

Posted by The ALS Group on Mar 12, 2014 11:17:17 AM

Contracts, Insurance and Certificates…..the saga continues….

As a follow-up to my colleague’s recent post in Construction Executive, I wanted to emphasize the need for properly written contracts.  In construction projects, the contract documents form the basis of the agreement between the parties involved in the project. Written construction contracts impose many duties, obligations and liabilities on contractors. Although project owners pay great attention to the operational issues addressed in these contracts, many pay too little attention to the risk and insurance implications of various contract provisions.

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Topics: Construction, Construction Accidents, Risk Management Blog

Premises Liability

Posted by Albert Sica on Sep 27, 2013 1:17:37 PM


Jury verdicts for premises liability against those who own or manage land, stores, taverns, shopping malls and apartment complexes just keep climbing. A few California verdicts include a $7.5 million judgment after a chiropractor slipped and fell in a Starbucks and a $55 million verdict for a gang-related shooting against a security company that oversaw on-site safety at an apartment complex.

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Topics: Claim Reporting, Claims Handling, Claims Management, Construction, Limit of Liability, Property Risk, Real Estate, Risk Management Blog, Strategic Risk Management, Total Cost of Risk (TCoR)

New Commercial Property Endorsement Can Mean Problems for Landlords

Posted by Albert Sica on Sep 5, 2013 2:45:26 PM

Each week, landlords and authorities discover 300 methamphetamine labs in the United States, according to National Public Radio. If you own apartments, rent hotels or run boarding homes, you may run into a tenant who decides your rental properties are a great place to cook meth. Better check your commercial property policy now, because recent changes in commercial property insurance coverage forms may significantly restrict coverage for the resultant clean-up from meth “cooking” operations.

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Topics: Construction, Political Risk, Property Risk, Real Estate, Risk Management Blog, Strategic Risk Management, TCoR, The ALS Group, Total Cost of Risk, Total Cost of Risk (TCoR)

Construction and Certificates of Insurance - Are You Covered?

Posted by Albert Sica on Jun 6, 2013 2:30:38 PM

One of the most commonly found clauses in any construction contract is the requirement of one party to name another party as an additional insured. It is found in The American Institute of Architects (AIA) documents, the Consensus DOCS, and was inserted in almost all manuscript agreements.

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Topics: Claim Reporting, Claims Handling, Claims Management, Claims Management Process, Construction, Construction Accidents, Healthcare, Human Capital, Real Estate, Risk Management Blog, Strategic Risk Management, Total Cost of Risk, Total Cost of Risk (TCoR), Worker's Compensation

Human Capital Risk Abroad: How to Protect Your Employees Abroad

Posted by The ALS Group on Mar 19, 2013 5:49:29 PM

The world economy is becoming even more global and with that, exposure to risks posed to employees traveling abroad continues to grow; thus it becomes ever more apparent that any company should take a more 3-dimensional approach to risk. This means that as your employees travel abroad in order to bring in more business, Senior Management must also consider how they [employees] are protected.

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Topics: Construction, HCP, Human Capital, Human Capital Practice, Political Risk, Risk Management Blog, Risk Review, Strategic Risk Management, Travel Risk

Construction Accidents in NYC Impact Insurance Costs for Building Owners

Posted by Albert Sica on Jul 24, 2012 10:49:45 AM

The recent spate of construction site accidents in New York City in the past several months couldn’t have come at a worse time.

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Topics: Construction, Construction Accidents, Construction Premiums, Risk Management Blog, Total Cost of Risk (TCoR)

OCIP Language Creates Third-party Beneficiary

Posted by Albert Sica on Nov 9, 2011 9:16:53 AM

In a disturbing ruling by the Georgia Court of Appeals on October 5th 2011, the interpretation of language in an OCIP Program sponsored by the Atlanta Hartsfield Jackson International Airport was held to create a third-party beneficiary relationship for the estate of the injured worker. The contract stated the city's OCIP was "to provide one master insurance program that provides broad coverages with high limits that will benefit all participants involved in project".

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Topics: Construction, OCIP

The ALS Group

Risk Management Blog

We manage more than a quarter billion dollars of premiums for a diverse range of clients around the globe. 

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