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Variability in Construction Insurance and Alternative Insurance Solutions

Variability in Construction Insurance and Alternative Insurance Solutions PDF Author: Canada Mortgage and Housing Corporation
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 238

Book Description
Part 1 contains summary descriptions of the risks faced by house builders & renovators in a standardized format, arranged by risk category, that includes a definition of the risk and information on the average impact of the risk, causes of the risk, management strategies, and the types of insurance available to manage the risk. Case studies are included involving events that resulted in losses to the builder, the damages that resulted, the insurance coverage in effect, and the lessons learned. Part 2 identifies & analyzes the current issues faced by builders with respect to traditional insurance and the parameters on which such insurance is based. It also summarizes the various types of insurance policies available in order to educate builders to make well-informed insurance buying decisions. Part 3 compares various non-traditional insurance vehicles, including single insured programs, group programs, and captive programs. Part 4 describes the steps involved in moving to a captive insurance program. The last part is a builder's guide to construction risk management & insurance, and includes answers to frequently asked questions about residential construction insurance.

Variability in Construction Insurance and Alternative Insurance Solutions

Variability in Construction Insurance and Alternative Insurance Solutions PDF Author: Canada Mortgage and Housing Corporation
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 238

Book Description
Part 1 contains summary descriptions of the risks faced by house builders & renovators in a standardized format, arranged by risk category, that includes a definition of the risk and information on the average impact of the risk, causes of the risk, management strategies, and the types of insurance available to manage the risk. Case studies are included involving events that resulted in losses to the builder, the damages that resulted, the insurance coverage in effect, and the lessons learned. Part 2 identifies & analyzes the current issues faced by builders with respect to traditional insurance and the parameters on which such insurance is based. It also summarizes the various types of insurance policies available in order to educate builders to make well-informed insurance buying decisions. Part 3 compares various non-traditional insurance vehicles, including single insured programs, group programs, and captive programs. Part 4 describes the steps involved in moving to a captive insurance program. The last part is a builder's guide to construction risk management & insurance, and includes answers to frequently asked questions about residential construction insurance.

Variability in Construction Insurance and Alternative Insurance Solutions

Variability in Construction Insurance and Alternative Insurance Solutions PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 4

Book Description
This highlight summarizes a study that documented the variability in residential construction insurance and analyzed alternative insurance options for builders. It reviews the key variable elements in insurance policies available to the construction industry, such as perils covered, policy exclusions, inclusion of soft costs, coverage for property in transit, and claim & coverage limits. It also summarizes alternatives such as reciprocal insurance exchange, captive insurance programs, and group funded deductible programs.

Variability in Construction Insurance and Alternative Insurance Solutions

Variability in Construction Insurance and Alternative Insurance Solutions PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 3

Book Description


A Guide to Insurance for New Home Builders and Renovators

A Guide to Insurance for New Home Builders and Renovators PDF Author: Canada Mortgage and Housing Corporation
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 52

Book Description
This guide has been prepared to provide new home builders and renovators with information about insurance and to assist them in making effective and knowledgeable decisions about purchasing insurance coverage. The guide is based on a report, Variability in Construction Insurance and Alternative Solutions, prepared by Marsh Canada Limited.This report was commissioned by Canada Mortgage and Housing Corporation (CMHC) to offer a comprehensive look at the risks in the construction industry and traditional and non-traditional means of insurance protection.

Construction All Risks Insurance

Construction All Risks Insurance PDF Author: Paul Reed
Publisher:
ISBN: 9780414056534
Category : Construction industry
Languages : en
Pages :

Book Description
The second edition of Construction All Risks Insurance will be essential reading for both lawyers and insurance brokers in the field of construction insurance. Building on its reputation as the definitive reference for practitioners, and updated with respect to the Insurance Act of 2015, Construction All Risks is the go-to guide looking for answers in construction insurance

Risk and Insurance in Construction

Risk and Insurance in Construction PDF Author: NAEL G.. BUNNI BUNNI (LYDIA B.)
Publisher: Routledge
ISBN: 9781032119830
Category :
Languages : en
Pages : 512

Book Description
The new 3rd edition of Nael Bunni's Risk and Insurance in Construction, now co-authored with Lydia Bunni, explains the need for insurance in construction and engineering projects and why it must be incorporated into the Conditions of Contract for such projects. It is unique in bringing together the background of the two topics of "Risk" and "Construction Insurance", explaining the flow and the interaction between them and then dealing with how they have been used to formulate the 2017 FIDIC Suite of Contracts and the 2021 Green Book. This edition has been fully updated and new chapters deal with the latest definitions of "Risk" outlined in ISO 31000: 2009 and specifically explains the principles embodied in the new Clauses 17, 18 and 19 of the Major Suite of the FIDIC Forms of Contract and how they should be used. An important chapter is included discussing the logical transition from decision making to risk identification to responsibility for those allocated with particular risks, to the potential liability that results. This includes discussing particular liabilities that may arise for parties typically involved in construction and engineering projects, including developers, owners, contractors and designers. This part of the book links insurance to the law and explains the interaction between the two topics. The correlation between liability and the need for indemnity, which can only be provided properly through insurance, is highlighted. The book is essential reading for practitioners from both the engineering profession and the insurance industry in all types of projects. Engineers who are required to use one of the Major Forms of the FIDIC Suite of Contracts, whether they are designers or contractors, and those involved in the insurance sector, whether brokers, claim consultants or insurance company personnel, will find this book to be an indispensable reference.

Smith, Currie & Hancock's Common Sense Construction Law

Smith, Currie & Hancock's Common Sense Construction Law PDF Author: John M. Mastin
Publisher: John Wiley & Sons
ISBN: 1119540178
Category : Technology & Engineering
Languages : en
Pages : 773

Book Description
The #1 construction law guide for construction professionals Updated and expanded to reflect the most recent changes in construction law, this practical guide teaches readersthe difficult theories, principles, and established rules that regulate the construction business. It addresses the practical steps required to avoid and mitigate risks—whether the project is performed domestically or internationally, or whether it uses a traditional design-bid-build delivery system or one of the many alternative project delivery systems. Smith, Currie & Hancock's Common Sense Construction Law: A Practical Guide for the Construction Professional provides a comprehensive introduction to the important legal topics and questions affecting the construction industry today. This latest edition features: all-new coverage of Electronically Stored Information (ESI) and Integrated Project Delivery (IPD); extended information on the civil False Claims Act; and fully updated references to current AIA, ConsensusDocs, DBIA, and EJDC contract documents. Chapters coverthe legal context of construction; interpreting a contract; public-private partnerships (P3); design-build and EPC; and international construction contracts. Other topics include: management techniques to limit risks and avoid disputes; proving costs and damages, including for changes and claims for delay and disruption; construction insurance, including general liability, builders risk, professional liability, OCIP, CCIP, and OPPI; bankruptcy; federal government construction contracting; and more. Fully updated with comprehensive coverage of the significant legal topics and questions that affect the construction industry Discusses new project delivery methods including Public-Private Partnerships (P3) and Integrated Project Delivery (IPD) Presents new coverage of digital tools and processes including Electronically Stored Information (ESI) Provides extended and updated coverage of the civil False Claims Act as it relates to government construction contracting Filled with checklists, sample forms, and summary “Points to Remember” for each chapter, Smith, Currie & Hancock's Common Sense Construction Law: A Practical Guide for the Construction Professional, Sixth Edition is the perfect resource for construction firm managers, contractors, subcontractors, architects and engineers. It will also greatly benefit students in construction management, civil engineering, and architecture.

FIDIC

FIDIC PDF Author: Wilfred Abraham
Publisher: Kluwer Law International B.V.
ISBN: 9041123237
Category : Law
Languages : en
Pages : 442

Book Description
In this unique guide to the suite of contracts published by FIDIC (The International Federation of Consulting Engineers) - the contract forms most widely used for international construction undertakings - twenty-two outstanding authorities in construction law from a wide variety of countries, describe relevant likely pitfalls (and special opportunities) for foreign lawyers in each of their jurisdictions. This very useful book will be extremely welcome to in-house counsel who must evaluate the legal disposition of a proposed or pending construction contract subject to the laws of a foreign jurisdiction. It will continue to be of service as long as the project proceeds and beyond, particularly for the optimal resolution of disputes.

Evaluating Alternative Operations Strategies to Improve Travel Time Reliability

Evaluating Alternative Operations Strategies to Improve Travel Time Reliability PDF Author: National Academies of Sciences, Engineering, and Medicine (U.S.)
Publisher: Transportation Research Board
ISBN: 0309273706
Category : Business & Economics
Languages : en
Pages : 378

Book Description
This report from the second Strategic Highway Research Program (SHRP 2), which is administered by the Transportation Research Board of the National Academies, sets out requirements for travel time reliability within a performance-based planning process. The research includes an effort to determine the economic value of improvements in travel time reliability by applying options theory from the financial sector. The report includes two succinct tables that describe requirements for person and freight trips for reliable transport, as well as a forecast of the year 2030 under alternative assumptions that may influence travel time reliability.

Spanish Economic Growth, 1850–2015

Spanish Economic Growth, 1850–2015 PDF Author: Leandro Prados de la Escosura
Publisher: Springer
ISBN: 3319580426
Category : Business & Economics
Languages : en
Pages : 400

Book Description
This book is open access under a CC BY 4.0 license. This text offers a comprehensive and nuanced view of the economic development of Spain since 1850. It provides a new set of historical GDP estimates for Spain from the demand and supply sides, and presents a reconstruction of production and expenditure series for the century prior to the introduction of modern national accounts. The author splices available national accounts sets over the period 1958–2015 through interpolation, as an alternative to conventional retropolation. The resulting national accounts series are linked to the historical estimates providing yearly series for GDP and its components since 1850. On the basis of new population estimates, the author derives GDP per head, decomposed into labour productivity and the amount of work per person, and placed into international perspective. With theoretical reasoning and historiographical implications, Prados de la Escosura provides a useful methodological reference work for anyone interested in national accounting. Open Access has been made possible thanks to Fundación Rafael del Pino's generous support. You can find the full dataset here: http://espacioinvestiga.org/bbdd-chne/?lang=en ‘This book stands among the classics for the Kuznetian paradigm in empirical economics. This is the definitive study of Spain's transition to a modern economy.’ —Patrick Karl O'Brien, Emeritus Fellow at St. Antony’s College, the University of Oxford, UK, and Professor Emeritus of Global Economic History at the London School of Economics and Political Science, UK ‘The definitive account of Spanish economic growth since 1850, based firmly on a magisterial reconstruction of that country’s national accounts and an unrivalled knowledge of both Spanish and global economic history of the period.’ —Stephen Broadberry, Professor of Economic History at Nuffield College, the University of Oxford, UK