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Nuclear Verdicts: How One Lawsuit Can Bankrupt Your Business

By JD Powers | July 24, 2026

Nuclear verdicts sound like something out of a movie, but for construction businesses, they are very real and very dangerous. They can shut down projects, drain years of profits, and even force a company to close its doors for good.  One accident can turn into a courtroom battle where a jury decides a company should […]

Excavation Contractors Risk Management: How to Reduce Liability and Control Insurance Costs

By JD Powers | July 21, 2026

Excavation contractors face risks daily, from safety and compliance issues to equipment breakdowns. These risks leave contractors exposed to many types of liability, which often result in large settlements that bankrupt companies. Instead of filing claims after it is too late, it’s important to address exposure proactively through risk management. Excavation Risks If the construction […]

Why Every Business Needs AI Risk Management Plan

By JD Powers | July 2, 2026

AI is reshaping how businesses operate, but without an effective AI risk management plan, it can lead to an expensive mistake.  Somewhere in your company, someone is using AI to get work done faster. Maybe it’s a report, research, presentation, or a client-facing document, but what happens when the document is entirely fabricated? In some […]

Construction Equipment Theft: How to Make Your Rental Yard or Jobsite a Harder Target

By JD Powers | April 9, 2026

You don’t have to look far in the construction and equipment dealer industry to see another headline about equipment theft or a contractor posting online about a stolen skid steer, a missing excavator, or a rental gone wrong. Rental fraud is a critical issue for the construction, manufacturing, and agriculture industries across the country.  The […]

Construction Smart Equipment Saves Lives (and Money)

By JD Powers | April 15, 2025

Smart technology is revolutionizing construction safety and lowering insurance costs, but it’s not always easy to see how.  Imagine a construction site where accidents are virtually non-existent, where workers are constantly aware of their surroundings, and potential hazards are identified and addressed in real-time.  Ensuring safety on construction sites is of incredible importance as it […]

The Workers’ Compensation Audit: A Colonoscopy For Your Workers’ Comp Policy

By Christopher Sullivan | April 8, 2025

Worker’s Compensation Audit

How to Increase Contractor Bonding Capacity

By JD Powers | March 18, 2025

What is Bonding Capacity? Bonding capacity is a measure of how much financial risk a contractor can handle. When you apply for a bond, a surety – the party that guarantees the performance of the principal – analyzes your capacity based on a variety of factors. However, before we get to how to increase contractor […]

How Workplace Safety Technology Helps Control Insurance Costs

By JD Powers | March 3, 2025

Imagine walking through a job site with the ability to prevent an accident before it happened. With today’s technology, it’s not just possible – it’s becoming the new standard. Workplace safety technology helps control insurance costs but, more importantly, it can save lives. Let’s dig into the workplace safety technologies available today, and how they […]

Overcoming the Skilled Labor Shortage: 4 Strategies for Recruitment, Retention, and Growth

By JD Powers | August 22, 2024

Companies across the US are grappling with the challenge of attracting and retaining qualified employees. More than 70% of organizations report struggling to attract new talent – facing challenges like: The construction industry is a prime example of the labor shortage issue. Job growth is projected to grow at 7% through 2030, which means the […]

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