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Tag: insurance
Business
The Coronavirus and Construction Contracts: Does insurance cover work stoppages? Are you covered if your subcontactors cease work? It’s time to find out.
By  Meghan DiPerna, Kenneth H. Lazaruk and Brian A. Shue * As you have undoubtedly heard, coronavirus disease 2019 (COVID-19) is affecting the global construction industry. Notably, as of March 17, Boston halted all construction jobs in the city for two weeks due to the COVID-19 pandemic. This decision has affected approximately 21.4 million square feet of new or […]
March 23, 2020
Roadbuilding
Maryland transit teams up with Zipcar for car-sharing
Maryland light-rail riders can now reserve Zipcars at eight stations. The Maryland Transit Administration has entered an agreement with the car-share program to provide 15 Zipcars at eight Light RailLink, Metro SubwayLink and MARC Train stations. MTA says the Zipcars will help reduce reliance on personal vehicles, ease traffic congestion and reduce pollution. “Car sharing […]
January 25, 2018
Business
How an insurance rating could unfairly cost contractors jobs
A complicated calculation for determining workers compensation premiums has evolved into a do-or-die benchmark on whether contractors are qualified to bid on many jobs, and some say that’s not fair, especially for smaller contractors. It’s called the experience modification rate (EMR), and it’s based on previous workers comp claims versus payroll and other factors. The […]
January 17, 2018
Roadbuilding
Transportation safety certificate seeks to curb work zone deaths
Alarmed at the statistic that 50,000 deaths and injuries occur each year in or around U.S. road and bridge construction sites, a national organization has developed a safety training certificate with the goal of creating incident-free transportation work zones worldwide. So far, 111 candidates have been listed as earning the Safety Certification for Transportation Project […]
November 24, 2017
Technology
TrueLook intros 4K indoor camera for construction companies
TrueLook, which provides live cameras for jobsites, has added an ultra-high definition 4K camera to its lineup of indoor cameras. The company says indoor cameras can help construction companies discover inefficiencies and safety issues before they become major problems. Some insurance companies may also offer discounts for companies that combine indoor and outdoor cameras, TrueLook […]
September 25, 2017
Roadbuilding
Pothole insurance takes hold in auto industry
How much would you pay to protect your vehicle from pothole damage? Some car owners are adding an additional cost to their regular maintenance plan by purchasing insurance that protects against potholes, USA Today reports. Related: “Pothole Robin Hood” aims to fix 100 potholes in Jackson, Miss. The insurance, known as road hazard insurance, protects cars […]
April 30, 2014
Roadbuilding
What the latest Obamacare update means for your business
Midsize employers don’t have to provide health insurance in 2015; full-time employee definition changed to 40 hours for health care reform The employer mandate under the Patient Protection and Affordable Care Act (PPACA) – a.k.a. Obamacare – that would require companies with 50 or more full-time employees to offer affordable health care coverage to employees […]
April 16, 2014
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Welcome to equipmentworld.com (again)
Our directive for equipmentworld.com is to build a community of like-minded people drawn to compelling information that goes beyond what we can offer in the confines of print.
December 1, 2012
Business
Healthcare: How does the Supreme Court’s decision affect small business?
In a move praised by President Barack Obama and denounced by Republicans, the U.S. Supreme Court today upheld the Patient Protection and Affordable Care Act of 2010, including the individual mandate requiring uninsured adults to either purchase health care or pay a penalty, as well as the employer mandate that will require employers with more […]
July 3, 2012
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