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Our Solution To The NYC D.O.B. Rule Change Concerning NY General Liability Insurance for NYC Builder's

On April 22nd we are meeting with Susan Pogoda of the NYC Buildings Department to discuss the future impact of the new N.Y.C. Department of Buildings  rule concerning NY Construction General Liability Insurance. This meeting was set up with the considerable assistance of our chief lobbyist Robert Altman. It is the position of the New York State Builders , New York State Affordable Housing Association, & Queens Bronx Building Association that as written the present ruling has the potential to double or triple the cost of NY Construction General Liability Insurance for New York City General Contractors ,  New York City Builders, & New York City Developers. Wish us luck! Just another reason to support your local builders association.

To understand both the issue & the potential solution click here:



Potential Cost Impact of the New NYC Buildings Department Rule Change Regarding General Liability Insurance - click title to read further


Before You Go Christmas Shopping Check The Product Recall Database Click Title To Read Further
Did You Know That Over 60 % of NY & NJ Workers Compensation Audits Are Incorrect?! 

Click Title To Read Further
Builder's Risk Policies Do Not End At Expiration Date 

Very few purchasers of Builder's Risk insurance are aware that coverage ceases in two ways and not just at policy expiration.   At expiration as everyone is aware , however coverage also ceases  when a project, recently completed is awarded it's Certificate of Occupancy by the municipality it is located in. Rather than write the article again here, I just thought I would provide the link. Click On Article Title To Read On

Looking For Child Only Health Policies?

As part of the new health reform, Private Insurance carriers who offer Children Only policies must accept every child , and cannot alter their rates based upon the child's health going into the plan. Searching for a child only health insurance policy just got much easier. Simply go to the governments new health insurance website  Healthcare.gov and enter your child's data. The site will show you a basket of options from which you may choose from. The site is also particularly helpful if find coverage for families and individual adults as well. 


Just thought you should know! Click On Title for More


Davis Bacon Opportunities for Open Shop Construction Firms
Mention prevailing wage to an open shop Contractor, Developer, or General Contractor and watch them shut down like a BP executive. They begin to talk about how much more the jobs cost to produce which may be correct, but it's not the point. If it's a government funded project, pulling funds from Davis Bacon or other such Federal, or State Programs, the job will have a prevailing wage component to it. Your aren't going to change that. The idea is to land the job under their rules. Get the work!


To find out how the get the labor component of the prevailing wage job down by 25% , using THEIR rules go to InsuranceMic /Davis Bacon


The content on this page is courtesy of  www.insurancemic.com . Contact Michael Stoop at mstoop@metriskadvisory.com if you have risk management  or insurance related questions.Please also visit our Website at  MetRiskAdvisory.


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