HVAC Breaking News

Mar. 20, 2002: Top Three Insurance Claims For Contractors

March 20, 2002
/ Print / Reprints /
ShareMore
/ Text Size+
FALLS CHURCH, VA — The Plumbing-Heating-Cooling Contractors – National Association (PHCC) reports that, according to Federated Insurance, the most frequent insurance claims in the contracting industry are generated from vehicles, workers’ compensation, and products and completed operations.

These three areas make up 84% of all claims submitted by contractors. Federated’s loss analysis indicates that the typical plumbing-heating-cooling contractor can expect to have one vehicle claim and one workers’ compensation claim each year.

PHCC’s Safety and Risk Management Committee will be looking into ways to help member contractors reduce losses in these three areas.

Publication date: 03/18/2002

Did you enjoy this article? Click here to subscribe to The NEWS Magazine

Recent Articles by Greg Mazurkiewicz

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

2014 ACI Home Performance Conference

The 2014 ACI National Home Performance Conference & Trade Show was held in Detroit.

Podcasts

NEWSMakers: Michael Willburn

Michael Willburn, president, Infloor Heating Systems, joins the program to discuss his company, radiant heating, industry trends, and whether contractors are becoming more interested in radiant heating. Posted on July 11.

More Podcasts

ACHRNEWS

NEWS 07-21-14 cover

2014 July 21

Check out the weekly edition of The NEWS today!

Table Of Contents Subscribe

R-22 PHASEOUT POLL

Some in the industry are calling for the EPA to halt production of R-22 as of 2015. What do you think?
View Results Poll Archive

HVACR INDUSTRY STORE

plumbing-hvac.gif
2014 National Plumbing & HVAC Estimator

Every plumbing and HVAC estimator can use the cost estimates in this practical manual!

More Products

Clear Seas Research

 

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

DON'T MISS A THING

Magazine image
 
Register today for complete access to ACHRNews.com. Get full access to the latest features, Extra Edition, and more.

STAY CONNECTED

facebook icontwitter iconyoutube iconLinkedIn i con