John Paolin | HKA In July 2023, the Construction Management Association of America hosted a webinar discussing the merits and use of artificial intelligence (AI) in construction. This article summarizes the panel discussion and contains considerations for AI adoption based on that discussion. The panel was a cross-section of experienced AI users and firms beginning… Continue reading AI Applications and Risks in Construction
Month: April 2024
Notice Requirements For Contractors Should Include Waivers For Non-Compliance
Kenneth Block | Tannenbaum Helpern Syracuse & Hirschtritt Construction projects in New York City are often fast-paced and large in scale. As a result, the attention of both contractors and owners is often focused on the progress of construction and not the details of the underlying agreement between the parties, and it is not uncommon… Continue reading Notice Requirements For Contractors Should Include Waivers For Non-Compliance
Surety Trends to Keep an Eye on in the Construction Industry
Oliver Craig | Construction Executive Even a market as sure as surety bonding is expecting trends and uncertainties in 2024. From interest rates and credit availability to labor and insurance, challenges and opportunities abound. Reflecting on the dynamics of the 2023 construction and surety industries, it is evident that opportunities and challenges have emerged for… Continue reading Surety Trends to Keep an Eye on in the Construction Industry
Coming Back Around on Adaptive Reuse
JD Howard, Colby Nelson and Bruce Smith | Morris, Manning & Martin As MMM’s construction group discussed back in August of 2023, converting an office building into a multifamily residence is an intriguing concept but “not quite the silver bullet that will solve all the issues with both the market for commercial office space and… Continue reading Coming Back Around on Adaptive Reuse
A Matter Judged: Subrogating Insurers Should Beware of Prior Suits Involving the Insured
Gus Sara | The Subrogation Strategist In New Jersey Mfrs. Ins. Co. v. Lallygone LLC, No. A-2607-22, 2024 N.J. Super. Unpub. LEXIS 120, the Appellate Division of the Superior Court of New Jersey (Appellate Division) considered whether New Jersey Manufacturers Insurance Company (the carrier) could bring a subrogation action after its insured, Efmorfopo Panagiotou (the insured), litigated… Continue reading A Matter Judged: Subrogating Insurers Should Beware of Prior Suits Involving the Insured