Coverage for virtually all construction related contracting work, including; Trade Contractors, Design/Build Contractors, Project/Construction Managers, General Contractors, Environmental Contractors, and more
Tag: insurance
Chip and Joanna Gaines “Fixer Upper” Lead Paint Violation
Simply due to their resources, High Net Worth (HNW) insureds are impacted by a cornucopia of environmental exposures. One example, the Renovation, Repair and Painting (RRP) rule impacts HNW insureds that own property (homes, commercial buildings…) built prior to 1978. Lead based paint was banned in 1978. The RRP rule is designed to minimize the…
TEAMing with Accountants to Drive Insurance Sales
Offering assurance on a client’s financial position is the foundation of an Accounts business model. The Accounting profession offers various levels of assurance from an Audited financial statement, Reviewed or Compilation. After going through their defined process, Accounts offer an opinion whether the financial statements are accurate and free of material misstatements. The Accountants work…
TEAMing with Attorney’s To Drive Insurance Sales
Of all the “business professionals” (i.e. attorney’s, accountant’s, banker’s, realtor’s, environmental engineers) we are highlighting in the ERMI TEAMing with “Business Professionals” series, attorneys represent the lowest hanging fruit for insurance professionals to TEAM with. There are several reasons for this which we will cover in this competitive environmental intelligence but mainly, attorneys tend to…
TEAMing with Bankers to Drive Insurance Sales
For decades, Bankers have utilized environmental indemnifications in their loan documents as protection from environmental liabilities. Then in the mid 1990’s Phase I / II… environmental site assessments were added as another layer of defense for a Bankers lender liability exposure on real estate transactions. In basic terms, environmental indemnifications and Phase I’s have been…
ERMI on Contractors
Contractors continue to be the number one class of business Environmental Risk Managers, Inc. (ERMI) writes for our Partner Agencies. The vast majority of this is being driven by contracts requiring contractors to evidence Contractor’s Pollution Liability (CPL) insurance in order to perform their construction services. “Back in the day” it was not uncommon for…
More water problems hit Town of Jackson residents Friday
environmental Strategist, between the lines: Fact: when businesses analyze their environmental exposures they generally focus on their exposure to clean up costs should a spill / release / exacerbation… of pollutants take place. In reality, the cost to clean up a spill / release / exacerbation… of pollutants is far less than the claims /…