Berkley Construction Professional announced it has been named in the annual Best Places to Work in Insurance program, which recognizes 100 employers for their outstanding performance in establishing workplaces where employees can thrive, enjoy their work and help their companies grow.
Walter J. Adams Jr., Vice President, Professional Liability Claims Manager, Berkley Alliance Managers
Janice Greenberg, Assistant Vice President, Senior Claims Examiner, Berkley Alliance Managers
Diane P. Mika, Senior Vice President, Risk Management Officer, Berkley Alliance Managers
Wednesday, August 28, 2024
10 AM to 10:30 AM Pacific
12 PM to 12:30 PM Central
1 PM to 1:30 PM Eastern
REGISTER NOW:
https://berkley.webex.com/weblink/register/r4e842ef7c69c8357fab06eb474f8b3ff
Claims on construction projects are bound to happen—but the right knowledge and tools can equip you to identify the warning signs and mitigate the consequences.
Presenters:
Andrew D. Mendelson, FAIA, Berkley Construction Professional, EVP, Chief Risk Management & CX Officer
Timothy Brashear, P.E., Officer & VP Construction Services, Rimkus
Date: Tuesday, May 14, 2024
Time: 1:00-2:00 p.m. EST
Presented By:
Ryan Jenkins, CSP, WSJ Bestselling Author & Speaker, RyanJenkins.com
Diane P. Mika, Senior Vice President, Risk Management Officer, Berkley Alliance Managers
Wednesday, May 15, 2024
10:00 a.m. to 11:00 a.m. Pacific Daylight Time
By David Pacifici | Monday, April 25, 2022
Design-build delivery carries much greater risk to a contractor than conventional project delivery methods. Chief among these risks is the potential for increased actual or final costs to a general contractor or design-build entity compared to the estimates presented in their bid. The result is that many contractors using design-build are experiencing lower profitability or even taking losses.
In addition, contractors are making claims against their prime engineering subconsultants and the mitigation coverage in their contractor’s professional liability (CPrL) insurance at a much higher frequency and severity than the subconsultants and insurers had anticipated.
By Janice Greenberg | Monday, January 3, 2022
Construction professionals undoubtedly engage in a call or email conversation at least once a year with their insurance broker to discuss the company’s insurance coverages. Typically, these conversations center around whether to renew the company’s existing policies with its current insurance carriers or purchase policies from new insurance carriers. Sometimes, these conversations also explore whether the company is adequately insured for foreseeable risks. For general contractors and subcontractors, the focus is usually on the coverages typically required under the terms of your contracts, such as general liability, automobile liability and workers’ compensation coverage; indeed, these insurance policies should address any curveballs that might get tossed at the company during the course of a project.
By David Pacifici | Sunday, November 7, 2021
Many recent public or quasi-public projects that have utilized design-build as a project delivery method have experienced significant insurance claims due to schedule delays or cost overruns.
By Peter Brooks | Monday, August 16, 2021
The typical formula for running a successful construction and contracting business is a mixture of vision with hard work, investment and experience. But then, there’s always the unexpected — just ask the thousands of construction firms that either had projects shuttered or delayed once COVID-19 took hold in 2020. In fact, a recent survey by the Associated General Contractors of America (AGC) found that 75% of contractors had projects canceled or postponed due to the pandemic.
By Olivia Overman | Monday, August 2, 2021
Prior to the coronavirus pandemic, the professional liability market was firming across most lines of business due to loss severity. Over the past 18 months, as the economy experienced widespread layoffs, bankruptcies and cyber breaches stemming from the COVID-19 pandemic, the market was adversely impacted even further.
By Janice Greenberg | Monday, August 2, 2021
Most construction projects do not go exactly as planned. Architects need to modify plans midway through to correct errors, structural engineers approve an incorrectly specified concrete mix after failing to account for certain variables, geotechnical engineers miscalculate the stress-bearing capacity of the soil, HVAC contractors fail to design a system to meet specified needs—the list goes on and on.