Every construction project is a team effort, with multiple subcontractors bringing individual expertise to the table. Each subcontractor comes with unique insurance requirements that need tracking and ...

When a subcontractor causes property damage on a jobsite during the course of construction, the typical knee-jerk reaction by the general contractor and the owner is to insist that the subcontractor’s ...

With construction teams navigating the effects of the COVID-19 pandemic and the world’s material supply chains, securing project performance has perhaps never been at such a premium. If a contractor ...

Have your company’s insurance premiums gone up even though your losses don’t justify it? There can be many reasons for such increases, but according to the American Subcontractors Association (ASA), ...

NEW YORK--(BUSINESS WIRE)--Hudson Insurance Group (Hudson) today announced that its new Subcontractor Default Insurance (SDI) business unit has commenced underwriting under the direction of Wallace ...

A subcontractor hired by a general contractor (GC) for a construction project has a certain scope of work, usually spelled out in a contract between the two. Included may be safety responsibilities to ...

It’s alarming how often subcontractor agreements are disregarded by companies that subcontract work to vendors. The biggest exposure tends to be for contractors who subcontract work regularly. However ...

In serving clients through his property management firm, Nicholas Racanelli found that many of the landlords and condo and homeowner association boards had vulnerabilities regarding insurance coverage ...

A combination of macroeconomic factors and a desire to drive top-line revenue continues to lead many subcontractors to underbid projects, sometimes unintentionally, ultimately contributing to ...

"Subcontractor default risk represents another highly specialized market where Hudson can make a difference by offering much needed underwriting expertise to meet the growing needs of larger, ...