Author: Ishon Jones
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How Subcontractor Default Insurance (SDI) Can Protect Your Project’s Balance Sheet, Timeline and Delivery
Subcontractor Default Insurance (SDI) is an innovative insurance policy designed to protect general contractors and project owners from the financial impact of subcontractor defaults. Since its debut in 1995, SDI has become a trusted solution for managing subcontractor risk. Why Choose SDI? Top-tier fleets are being affected by: Comprehensive Protection: SDI covers both direct and…
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Protecting Your Commercial Kitchen from Fires: A Critical Risk Management Issue
In the dynamic environment of commercial kitchens, safety is paramount, not only for protecting personnel and property but also for ensuring operational continuity. Among several potential hazards, kitchen fires pose a significant risk, often resulting in devastating consequences if not properly managed. As risk managers and industry leaders, understanding the nuances of fire prevention and…
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Navigating Pollution Liability Exposures: Strategies for Effective Risk Management
Pollution incidents—chlorine leaks at hotel pools, dust from construction sites, chemical releases in manufacturing, etc.—pose significant safety and liability challenges across many industries, including hospitality, construction, manufacturing, healthcare, transportation, and agriculture. The scenarios above highlight the critical need for organizations of all sizes and across all sectors to integrate pollution risk management into their safety…
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The New Liability Crisis: Why Fleets With ‘Good Scores’ Are Still Getting Hammered – And How to Fight Back
For years, transportation companies who invested heavily in fleet safety programs believed their strong SMS scores, clean inspection history, and telematics would insulate them from the worst of the market. But 2025 has shattered that assumption. Even well-run fleets with low crash frequency and high safety compliance are seeing double-digit increases on Auto Liability—often with…
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McGriff Market Update: Q3 2025
Summary As part of our commitment to keeping you updated on market conditions that may impact your business, we invite you to view and download our Q3 2025 Market Update. Here we distill key trends, highlight emerging risks and opportunities, and offer context to support strategic, long-term planning. Read the Market Update (PDF)
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Compliance Q&A: Look-Back Measurement Method – Reduction of Hours
Question Our company uses the look-back measurement method to identify full-time employees. I recently hired an employee who was expected to work full-time hours. We offered her medical insurance coverage and she accepted. Since then, however, she dropped to part-time hours. What should I do about her benefits? Summary If an employee who is initially…
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Subdivision Bonds: Alternatives to a Letter of Credit
Video Transcript [MUSIC PLAYING] Subdivision Bonds Consider a bond as an alternative to a Letter of Credit 3 most common performance guarantees: ILOC (Bank Instrument): Often ILOCs are fully cash collateralized. Municipalities usually draw down on ILOCs 30 days prior to the renewal date (unless the ILOC has already been renewed). If the municipality determines…