Confused about OCIPs and CCIPs? It’s when a project owner (OCIP) or prime contractor (CCIP) purchases a “master insurance policy” for a large construction project. Just be careful when relying on ...
Gain a better understanding of Owner Controlled Insurance Programs. Editor's Note: This is the first of a two-part series on controlled insurance programs. The second article will focus on Contractor ...
Is an Owner Controlled Insurance Program right for you? Developers and owners often find that obtaining insurance coverage for their construction projects can be confusing and unnecessarily ...
The flurry of litigation over construction defects on multifamily housing has spawned a new insurance product called owner controlled insurance programs, or OCIPs. Enrolling in an OCIP policy can be ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. The Puget Sound region continues to be under siege by tower ...
Pavarini Construction Co. v. Ace American Insurance Co., 2015 U.S. Dist. LEXIS 151247 (S.D. Fla. Oct. 29, 2015) This action arose out of a construction project to build a 63-story luxury condominium ...