David Pfeffer, Sean Scuderi and Eric Zipkowitz | Tarter Krinsky & Drogin With increasing frequency, at Tarter Krinsky & Drogin, we find our attorneys assisting owners and developers in connection with assessing and procuring the necessary policies of insurance associated with their construction projects, as well as ensuring that all design professionals, contractors (and their… Continue reading A Primer on Construction-Related Insurance Products
Tag: construction
Automation and Artificial Intelligence in Construction: How to Capitalize on Technological Advancements While Mitigating Your Risk
Vivien Peaden and Jordyne Johnson Richartz | Baker Donelson (1) The Good, the Bad, and the Ugly of Artificial Intelligence in Construction The commercial construction industry is undergoing a seismic shift as artificial intelligence (AI) tools rapidly reshape how projects are planned, managed, and delivered. Advancements in AI and machine learning, including those in generative… Continue reading Automation and Artificial Intelligence in Construction: How to Capitalize on Technological Advancements While Mitigating Your Risk
LLMs in Construction: Where They Fail and Where They Shine
Aarni Heiskanen | AEC Business At the Building 2030 Summer Seminar, doctoral researchers Tuomas Valkonen and Roope Nyqvist from Aalto University shared fresh insights into how Large Language Models (LLMs) like ChatGPT and DeepSeek perform in construction-related tasks. The results highlight a simple truth: used wisely, LLMs can accelerate knowledge work; used unwisely, they can produce nonsensical results in… Continue reading LLMs in Construction: Where They Fail and Where They Shine
If It Ain’t Broke, Don’t Fix It: When an Equipment Breakdown Isn’t Actually a “Breakdown”
Adam Masef | Butler Weihmuller Katz Craig Many industrial companies often purchase commercial insurance policies with equipment breakdown coverage to guard against damage to their valuable equipment and protect against the associated loss of business income. However, as one steel producer recently discovered, not every incident amounts to a covered “breakdown.” In Aspen Specialty Insurance Company… Continue reading If It Ain’t Broke, Don’t Fix It: When an Equipment Breakdown Isn’t Actually a “Breakdown”
Build-to-Rent vs. Traditional Multifamily: Key Considerations in Joint Venture Agreements
Christopher MacMurray | Burr & Forman The rental housing market in the United States continues to evolve. Alongside traditional apartment properties, the build-to-rent (“BTR”) sector—single-family homes or townhomes constructed specifically for rent—is attracting increasing levels of institutional capital. Although both sectors address the growing rental demand, the distinct nature of the assets and the associated… Continue reading Build-to-Rent vs. Traditional Multifamily: Key Considerations in Joint Venture Agreements