Jul 28, 2022
california contractor insurance, construction news, contractor news, general liability insurance
Clients like Samsung, Panasonic and Google eye massive U.S. projects in coming years. Samsung, the South Korea-based electronics company, has begun applications for tax breaks on 11 potential chip plants worth about $191 billion in Texas. Chung Sung-Jun / Staff via Getty Images Tech companies are influencing a boom in different types of construction, namely […]
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Jul 21, 2022
california contractor insurance, construction news, contractor news, insurance for contractors
Even companies that are profitable on paper can be crippled if they can’t collect payments promptly. It’s no secret that in the construction industry, cash flow is king. Even companies that are profitable on paper can be crippled if they can’t collect payments promptly. It’s an industry-wide problem, and it affects subcontractors, residential contractors and […]
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Jul 15, 2022
california contractor insurance, construction news, contractor general liability insurance, insurance for contractors
Shelter is one of the basic human needs. The best homes turn that need into art. From an architectural bunker buried deep beneath the ground to a futuristic shipping container home in the Californian desert. Here is a selection of the most beautiful homes ever built by some of the most masterful architects who have […]
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Jun 23, 2022
california contractor insurance, commercial general liability insurance, construction news, insurance for contractors
Brief: Lego Group on Wednesday announced that the company will invest over $1 billion to open a factory in Chesterfield County, Virginia, according to a company press release. Construction will launch in the fall of this year, with a projected start date for production in the second half of 2025. The 1.7 million-square-foot facility will […]
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May 26, 2022
california contractor insurance, construction news, contractor news, insurance for contractors
Bathrooms are in the spotlight and we’re loving it! Gone are the days of being strictly utilitarian, the future sees this space leaving its humble origins in the dust. These interiors offer so much more than appeasing basic necessities, quickly becoming at-home retreats resembling personal spas. Check out the top bathroom trends 2022 has in […]
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Apr 28, 2022
california contractor insurance, construction news, general liability insurance, insurance for contractors
Brief: Endangered big cats and other animals will soon get a way to safely traverse a 10-lane Los Angeles-area highway. A new wildlife crossing broke ground on Earth Day, April 22, according to the National Wildlife Federation, and will be the largest of its kind in the world. The Wallis Annenberg Wildlife Crossing is a […]
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Apr 21, 2022
commercial general liability insurance, construction news, insurance for contractors
Port of San Diego commissioners on Tuesday began a review of a proposed plan to redevelop the Seaport Village area in downtown San Diego. The proposed project is from developer 1HWY1 and is expected to cost more than $3 billion. The redevelopment will feature a 500-foot tower with observation decks, an aquarium, multiple restaurants […]
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Apr 14, 2022
california contractor insurance, commercial general liability insurance, construction news, contractor news, insurance for contractors
Bonding is no longer just a requirement for public works projects. Public construction projects almost always require surety bonds. As a type of insurance, bonds protect the government if the wheels come off a project, or the contractor absconds with the funds. Indeed, bonding has been mandatory on federal public works projects since the late […]
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Apr 08, 2022
california contractor insurance, construction news, insurance for contractors
Brief: The NFL’s Buffalo Bills will build a $1.4 billion stadium in Orchard Park, New York, a suburb of Buffalo. It will be the largest construction project in the region’s history, according to Gov. Kathy Hochul. The project will generate 10,000 union jobs and will operate under a project labor agreement, according to Monday’s announcement. […]
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Mar 28, 2022
california contractor insurance, commercial general liability insurance, construction news, insurance for contractors
Circumstances can change quickly in any business environment, construction included. Contractors can take on a project that looks profitable on paper but ends up being a time and money pit because of something they overlooked during the bid process, unanticipated material increases, skilled worker shortages or other trades falling behind — the list goes […]
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