Surety

As the construction industry faces labor shortages, subcontractor defaults, unpredictable interest rates, inflation, pandemic-related hurdles, private equity involvement, and evolving project types, the need for proactive strategies becomes crucial.

Property insurance offers protection for a building once it's operational. A builder's risk policy insures against physical loss or damage to a building during construction.

Contractors need to be aware of how the law pertaining to Buy American requirements has changed and how it could affect their businesses in new ways.

Whether you are just starting out or considering a mid-career pivot, there's a lot to be said for a career in insurance, but often lesser known are opportunities in surety.

To stay on track despite economic headwinds, public and private project owners leverage surety bonds.

For more information on how to protect yourself from FCA risk and ensure compliance with new laws, regulations and other requirements, contact the IAT team.

Here are 3 contractor risks to keep in mind and the best practices that can keep you ahead of the pack.

For many years, the construction industry has avoided the cyberthreat spotlight because of the appeal of other industries and large companies storing larger volumes of sensitive and therefore lucrative data. But this lack of attention from bad actors may be lulling some construction companies into a false sense of safety.

Exposure under the False Claims Act extends to cybersecurity and American-made materials requirements. Businesses contracting with the government will need sharp focus on compliance requirements to avoid potentially costly fees, organizational distraction and litigation.

An increasing incidence of cyber fraud targeting the construction industry has come to our attention through law enforcement channels. These schemes, a general overview of which follows, are commonly referred to as Business Email Compromises or BECs