Download or read book Insurance in Residential Construction written by Canada Mortgage and Housing Corporation. Research Division and published by . This book was released on 2004 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Canada, home builders acquire protection via various forms of insurance, including, among others, builders risk insurance, wrap-up general liability insurance and contractors comprehensive general liability insurance. Together, these types of coverage, whether purchased on a project-by-project or continuous basis, not only provide builders with protection for loss and liability throughout and following construction projects but also act as a means of securing the interests of financial stakeholders associated with the project(s). This study was designed to satisfy the following key objectives: Ÿ Develop an understanding of the issues surrounding builders risk insurance; and Ÿ Develop an understanding of the issues surrounding post-construction liability insurance. Primary research for this study consisted of conducting nationwide interviews of residential construction companies, insurance underwriters and brokers, and associations and lending organizations, while secondary research consisted of documentation and literature reviews of previously published articles, research and proprietary association and company materials. According to the research conducted, the insurance market for all types of commercial coverage has hardened over the last three years. A "hard" market designates an environment characterized by rising prices and reductions in capacity to underwrite insurance. The market has reacted to the events of September 11, reductions in reinsurance capacity, poor underwriting results and a difficult investment climate. The insurance industry's appetite for insuring residential construction projects has been particularly weak in response to widely publicized catastrophic fires at construction sites at several different locations across Canada and the emergence of new risks such as mold and terrorism. The insurance market for residential construction is contracting, with lower risk tolerance and fewer companies participating in the market. Over the last three years, home builders have identified construction insurance as a critical problem area with reports of higher premiums and deductibles, reduced levels of coverage, new warranties and conditions attached to the policies, as well as refusals of coverage. These recent developments are a cause of concern in the housing industry with respect to the cost and availability of insurance. The cost of insurance ultimately affects housing affordability and the profitability of the home builders' business.
Download or read book Construction Insurance written by Stephen D. Palley and published by American Bar Association. This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The intersection between construction and insurance is an often overlooked, but essential consideration. This important resource is a perfect practice handbook for construction lawyers, written by practitioners with considerable expertise in both construction and insurance. This practical book provides overviews of individual construction insurance topic areas in each chapter, chosen because of their relevance to construction lawyers.
Download or read book Variability in Construction Insurance and Alternative Insurance Solutions written by Canada Mortgage and Housing Corporation and published by . This book was released on 2004 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book A Guide to Insurance for New Home Builders and Renovators written by Canada Mortgage and Housing Corporation and published by . This book was released on 2006 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Variability in Construction Insurance and Alternative Insurance Solutions written by and published by . This book was released on 2002 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Insurance in Residential Construction written by and published by . This book was released on 2004 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Construction Liability Insurance Task Force Report written by Nevada. Construction Liability Insurance Task Force and published by . This book was released on 2003* with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Report on availability of liability insurance for residential contractors.
Download or read book Architectural Processing and Inspections for Home mortgage Insurance written by United States. Dept. of Housing and Urban Development and published by . This book was released on 1987 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Research Report written by Canada Mortgage and Housing Corporation and published by . This book was released on 2004 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Risk and Insurance in Construction written by Nael G. Bunni and published by Routledge. This book was released on 2003-09-02 with total page 506 pages. Available in PDF, EPUB and Kindle. Book excerpt: Those involved in construction have to cope with so much learning in their own discipline that they shun further involvement in subjects such as insurance and law which in themselves are so deeply and intensely complex. However, insurance and law are interwoven in the basic procedures used in the construction industry for undertaking work, be they design, construction, supervision or operation, or any combination of them. This thoroughly revised edition of Nael Bunni's successful book, formerly called Insurance in Construction, provides information on risk, construction law and construction insurance for those involved with all aspects of construction. The chapters on risk have been expanded to include recent developments in the area and provide further examples of events which could occur on what can be viewed as the most risky human work activity, namely construction. New chapters are also added to deal with the insurance clauses of the many new standard forms of contract published in recent years, including FIDIC's new suite of contracts published in September 1999, ICE's seventh edition of the civil engineering standard form of contract, and ICE's second edition of the design/build form.
Download or read book The Construction Chart Book written by CPWR--The Center for Construction Research and Training and published by Cpwr - The Center for Construction Research and Training. This book was released on 2008 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Construction Chart Book presents the most complete data available on all facets of the U.S. construction industry: economic, demographic, employment/income, education/training, and safety and health issues. The book presents this information in a series of 50 topics, each with a description of the subject matter and corresponding charts and graphs. The contents of The Construction Chart Book are relevant to owners, contractors, unions, workers, and other organizations affiliated with the construction industry, such as health providers and workers compensation insurance companies, as well as researchers, economists, trainers, safety and health professionals, and industry observers.
Download or read book Construction All Risks Insurance written by Paul Reed and published by . This book was released on 2016-11-21 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
Download or read book Insurance in Residential Construction written by and published by . This book was released on 2004 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Insurance on USHA Aided Projects written by United States Housing Authority and published by . This book was released on 1940 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Residential Construction Performance Guide for New Homes Covered by Home Warranty Insurance in British Columbia written by British Columbia. Homeowner Protection Office and published by . This book was released on 2014 with total page 331 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Building the Skyline written by Jason M. Barr and published by Oxford University Press. This book was released on 2016-05-12 with total page 457 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Manhattan skyline is one of the great wonders of the modern world. But how and why did it form? Much has been written about the city's architecture and its general history, but little work has explored the economic forces that created the skyline. In Building the Skyline, Jason Barr chronicles the economic history of the Manhattan skyline. In the process, he debunks some widely held misconceptions about the city's history. Starting with Manhattan's natural and geological history, Barr moves on to how these formations influenced early land use and the development of neighborhoods, including the dense tenement neighborhoods of Five Points and the Lower East Side, and how these early decisions eventually impacted the location of skyscrapers built during the Skyscraper Revolution at the end of the 19th century. Barr then explores the economic history of skyscrapers and the skyline, investigating the reasons for their heights, frequencies, locations, and shapes. He discusses why skyscrapers emerged downtown and why they appeared three miles to the north in midtown-but not in between the two areas. Contrary to popular belief, this was not due to the depths of Manhattan's bedrock, nor the presence of Grand Central Station. Rather, midtown's emergence was a response to the economic and demographic forces that were taking place north of 14th Street after the Civil War. Building the Skyline also presents the first rigorous investigation of the causes of the building boom during the Roaring Twenties. Contrary to conventional wisdom, the boom was largely a rational response to the economic growth of the nation and city. The last chapter investigates the value of Manhattan Island and the relationship between skyscrapers and land prices. Finally, an Epilogue offers policy recommendations for a resilient and robust future skyline.
Download or read book Markup Profit written by Michael Stone and published by Craftsman Book Co. This book was released on 1999-01-01 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: In order to succeed in a construction business you have to be able to mark up the price of your jobs to cover overhead expenses and make a decent profit. The problem is how much to mark it up. You don't want to lose jobs because you charge too much, and you don't want to work for free because you've charged too little. If you know how much to mark up you can apply it to your job costs and arrive at the right sales price for your work. This book gives you the background and the calculations necessary to easily figure the markup that is right for your business. Includes a CD-ROM with forms and checklists for your use.
