The process of managing vendor and subcontractor insurance documentation can be a nightmare for compliance and risk administrators. Receiving certificate of insurance (COI) paperwork on
Category: Risk Management
Two terms that often confuse risk teams are “loss payee” and “additional insured.” While both can collect benefits from an insurance policy, they have different
Unless you are a workers’ compensation expert, you might not know that a subcontractor’s injured employee generally cannot sue them, but can sue upstream parties. This leaves general contractors, property managers, and owners exposed.