Transferring Risk : Going beyond boilerplate when selecting insurance By Joseph R. Harbeson and Matthew F. Didora


PERHAPS Benjamin Franklin was not quite complete when he warned Jean-Baptiste Leroy that death and taxes were the only two certainties in life. Experience has shown us that there is a third: Accidents do happen. Anyone involved in the construction industry knows this all too well.

Modern construction projects are complex, expensive and dangerous. Developers, architects and contractors are constantly implementing larger and more innovative designs. As projects increase in complexity, so too do the risks of injury to individuals or property, a reality made unfortunately clear in recent months in New York City. It is therefore critical that contractors at each level of a project, from the design professionals and general contractor down to the smallest trades, have sufficient insurance in place to protect themselves in the event that an accident takes place while they are on the job.

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Ruskin Moscou Faltischek | Attorney Advertising

Written by:


Ruskin Moscou Faltischek on:

Readers' Choice 2017
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.