Jul 15, 2021
california contractor insurance, commercial general liability insurance, construction news, general liability insurance, insurance for contractors
Past building disasters have led to enhanced codes and safety improvements for the construction of condos, hotels and other residential structures. As rescuers sift through the debris of the partial collapse of the Champlain Towers South building in Surfside, Florida, officials were hoping to find more survivors but now, they have shifted gears to finding […]
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Jun 17, 2021
california contractor insurance, construction news, contractor news, insurance for contractors
Prices have dropped from record highs, spurred by the economic reopening and potentially pointing to an eventual return to normalcy Lumber at a Home Depot store in Doral, Fla., last month. Lumber futures hit a record high in early May. Photo: Joe Raedle/Getty Images Lumber prices are falling back to Earth. Futures for July […]
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Jun 03, 2021
california contractor insurance, construction news, contractor news, insurance for contractors
An economist expects the labor part of the sawmill problem to start resolving itself later this year, but expects prices to remain high into 2022. If a tree falls in the woods, how much is it worth? Right now, in a market with a lumber shortage, a lot. Lumber prices have spiked this […]
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Apr 22, 2021
california contractor insurance, commercial general liability insurance, construction news, insurance for contractors, surety bonds
President Joe Biden recently announced a $2.3 trillion U.S. infrastructure spending proposal, the American Jobs Plan, that promises billions of dollars in construction contracts to companies across the country who are trying to determine what a post-COVID-19 economy will look like. The plan calls for $621 billion for transportation infrastructure and $689 billion for buildings […]
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Mar 18, 2021
california contractor insurance, commercial general liability insurance, construction news, contractor general liability insurance, insurance for contractors
The construction industry will benefit from many of the provisions in the rescue bill. In a 220-211 vote, the House of Representatives passed the $1.9 trillion COVID-19 relief bill, officially known as the American Rescue Plan Act of 2021, and presented the legislation to President Joe Biden on Wednesday of last week. The package contains […]
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Mar 05, 2021
california contractor insurance, commercial general liability insurance, construction news
Even adjusted for inflation, SoFi Stadium in Inglewood, California, was more than twice as expensive to build as the second most costly stadium. SoFi Stadium in Inglewood, California, is the most expensive stadium ever built, even when adjusted for inflation. In fact, SoFi (shown above), which was finished in 2020 and serves as the home of […]
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Feb 04, 2021
california contractor insurance, commercial general liability insurance, construction news, general liability insurance
AB 3182 will help encourage the creation of residential development in older urban areas and master planned communities. California law AB 3182 is poised to help fuel residential development in the state. The law removes several barriers to construction to help encourage more residential construction, particularly in older urban markets and master planned communities, by […]
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Jan 29, 2021
california contractor insurance, commercial general liability insurance, construction news, general liability insurance
Certain situations like illegality or coercion can invalidate a contract in whole or in part. Most contractors are well aware that they must abide by the performance standards and scope-of-work requirements in their contracts or potentially face legal action. What they might not realize is that there are situations that could render their contracts or […]
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Dec 24, 2020
caifornia contractor insurance, commercial general liability insurance, entrepreneurial news, small business
When you think of history’s greatest entrepreneurs your probably includes Andrew Carnegie, Thomas Edison, Bill Gates and Steve Jobs but if you stop there you’re leaving out a big name: Santa Claus. Since the third century BC the man, myth and legend known variously as Saint Nicholas, Kris Kringle, La Befana, Yule Tomten and Christkindli has been an amazing entrepreneur each and every […]
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Nov 25, 2020
california contractor insurance, construction news, contractor news, entrepreneurial news
Brief: Virgin Hyperloop announced Sunday that it carried out the first human travel in one of its hyperloop pods. Company co-founder and CTO Josh Giegel and Director of Passenger Experience Sara Luchian were the first two passengers at Virgin Hyperloop’s DevLoop test site in Las Vegas. The two-seater XP-2 vehicle traveled for six seconds on […]
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