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9 Aug, 2019

The Bleak Future of Multiemployer Plans

2019-08-14T14:40:30-05:00August 9th, 2019|Construction Contractor Advisor, Multiemployer Plans, Withdrawal Liability|

The Pension Benefit Guaranty Corporation, the federal agency that oversees multiemployer benefit plans, issued its annual Projection Report earlier this month.  And, the outlook is bleak.  The agency is estimating that its insurance program will be insolvent in 2025 unless Congress provides substantial funding. The PBGC oversees multiemployer plans that cover approximately 10 million employees.  Of the multiemployer plans covered by the PBGC, about 58% are unionized, while the remaining [...]

5 Apr, 2012

Are You Adequately Covered By Insurance on the Construction Site?

2012-04-05T12:51:20-05:00April 5th, 2012|Insurance coverage|

This is the first in a series of posts authored by Anne Marie O’Brien, a partner in LDM’s litigation department. Ms. O’Brien has agreed to draw upon her experiences with insurance coverage disputes to provide information about growing insurance issues for construction companies.  This article addresses your risks associated with Polution Exposure and whether you have coverage for this type of problem. By Anne Marie O'Brien All builders have a [...]