Property insurance rates are likely to rise by as much as 20% in 2018, thanks in large part to the frequency and severity of natural disasters that occurred last year, the 2018 USI Insurance Market Outlook says. Cyberinsurance rates are likely to drop by 5% to 10% in what has become a competitive market, the report says.
A recent survey of more than 330 construction contractors showed that a growing number are using technology to enhance worker and site safety. The survey, conducted by Dodge Data & Analytics in partnership with the Center for Construction Research and Training, showed that drones, laser scanning and wearable devices were among the top safety aids used.
Fatigue can lead to workplace dangers and costly safety problems, with the National Safety Council estimating fatigue is a factor in roughly 13% of workplace injuries. Fatigue risk management should be incorporated into the workplace safety plan, writes Rachelle Blair-Frasier.
The Occupational Safety and Health Administration will work with the Southern Illinois Carpenters Joint Apprenticeship Program toward the prevention of electrical, fall-related and other common construction injuries. "This alliance will allow us to share best practices, educate employers and employees, and ensure that safety is a priority on the job," said Aaron Priddy of OSHA.
Making direct payments to subcontractors may seem like a good arrangement, but contractors need to understand the pros and cons, an attorney writes. The practice can be convenient, but extra payments can arise in cases of insolvency.
Organizational leaders who try to oversimplify safety almost guarantee their companies will see limited improvement in protecting workers, Terry Mathis writes. He outlines four approaches that will stymie safety progress.
Paying construction workers a piece rate based on the work they complete instead of paying an hourly wage can work well for large projects but has potential drawbacks. Workers might cut corners, it might not be cost-effective with changing plans and Fair Labor Standards Act violations may be more likely.
A Florida appeals court found that the state's five-year statute of limitations for actions against surety bonds can start to run when a construction project is abandoned by the principal. The decision and others indicate that Florida courts "will look to the actions of the principals [on] bonds to determine when the limitations period for actions begins to run," an attorney writes.
The US Court of Appeals for the 1st Circuit in Boston has denied an appeal by contractor A.C. Castle Construction over workplace safety fines assessed by the Occupational Safety and Health Administration. When two roofers sustained serious injuries after a fall of more than 20 feet in October 2014, a judge determined that A.C. Castle acted as a single employer along with subcontractor Provencher Home Improvement.
Bamcap Partners says a Frisco, Texas, development project is in default and has filed for foreclosure. Work was suspended on the $2 billion Wade Park project months ago after contractors and other companies filed over $10 million in liens against the developer, citing unpaid bills.