Several weeks ago I released an article questioning the need for the “primary and noncontributory” (PNC) requirement found in most construction contracts. I followed that article with a piece stating that the insurance industry should band together to save the …
I chose April 1 to publish this article because so many are expecting a joke; well this is no joke. In fact, I can’t be more serious. Three days ago I published an article about the “primary and noncontributory” requirement …
Upper tier contractors seek to avoid, through the use of various transfer mechanisms, the financial costs that can result from bodily injury or property damage to a third party caused or contributed to by other parties (lower tier contractors). In …
Upper tier contractors seek to avoid the financial costs that can arise out of bodily injury or property damage to a third party caused by a lower tier (subcontractor) for which they (the upper tier) could be held vicariously liable. …
