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What is a General Contractor?
General contractors (GCs) are the playmakers for any significant construction project, taking responsibility for all key operations such as construction assignments, job site supervision, and activity coordination. Typically, GCs have their own...
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A look at Lloyds and Contractors Insurance
The history of Lloyd’s begins at Edward Lloyd's coffeehouse in 1688, where he attracted a clientele of merchants, particularly ship owners with vessels and cargoes needing protection. Mr. Lloyd’s establishment quickly evolved into a meeting...
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What Is General Liability?
General liability insurance provides protection against two types of financial loss arising out of a lawsuit against the company. First, it covers damages awarded to a third party because of injury or damage for which the insured is legally...
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Contractor Insurance Confusing?
Contractors accept numerous contractual obligations in construction contracts. For example, contractors generally agree to perform the work in accordance with the plans and specifications, to perform the work in a workmanlike manner, and to...
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