What You Need to Know About Subcontractor Warranty Endorsements
A subcontractor warranty endorsement – also known as subcontractor endorsement, Contractor’s Special Conditions, or similarly named – is a non-standard endorsement that can be added to a general...
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Manage Builder’s Risk for Commercial Construction Projects
Commercial construction projects face various challenges, including labor shortages, rising material costs, and ongoing risks like delays and safety incidents. Effective risk management begins with...
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Embrace Surety Bonds for New Opportunities
We sometimes have clients that avoid the unknown, because it’s scary or stressful. Avoiding projects that require surety bonds might seem smart at first but as more industries embrace surety bonds,...
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Secure Your Future with Builder’s Risk Insurance
Builder’s Risk insurance is designed to keep a project moving forward after a covered cause of loss. Without this coverage, construction delays can lead to financial strain, contractual disputes, and...
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The Changing Landscape of Design Responsibility
For contactors and design professionals, the principles of design responsibility have undergone significant changes in the last several decades. Long gone are the days when contractors were able to...
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Data From Design: Holmes Murphy Claims Insights
Our Holmes Murphy Architects and Engineers (A&E) team knows the importance of arming you with information so you can more quickly and swiftly respond to emerging trends in the design world. As a...
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5 Key Insights Into Construction Market Trends and Upcoming Renewals
April 1 is a significant renewal date in the Construction industry, often creating considerable stress and pressure for insurance professionals and business owners. In previous years, after April 1, I...
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Data by Design: Q1 2025 Claims Insights
Our Holmes Murphy Architects and Engineers (A&E) team knows the importance of arming you with information so you can swiftly respond to emerging trends in the design world. We closely analyze...
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Perfection Versus Practicality in Code Compliance
Some clients expect perfection when it comes to projects being completed on time, within budget, and code compliant. Many believe the design firm’s plans and specifications should be airtight, with no...
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Cash Is King, but Cash Flow Management Builds the Kingdom
“Cash is king” is an easy rule to cite for those offering advice on how to effectively run a business. While this age-old rule still has value, construction company owners know that running their...
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