AM Best Downgrades Credit Ratings of State Farm General Insurance Company

AM Best Downgrades Credit Ratings of State Farm General Insurance Company

In a recent update that might stir conversations within the insurance sector, State Farm General Insurance Company, based in Bloomington, IL, has seen a significant adjustment in its financial ratings.  AM Best, the global credit rating agency with a focus on the insurance industry, has recalibrated State Farm General’s Financial Strength Rating (FSR) from an…

Navigating Compliance Tracking for Subcontractors on Large Construction Projects

Navigating Compliance Tracking for Subcontractors on Large Construction Projects

Large commercial construction projects are intricate endeavors that involve many moving parts, each contributing to the project’s overall success. Among these critical components, ensuring subcontractor compliance stands out as a complex challenge. In this article, we delve into the main reasons why tracking compliance of subcontractors on large construction projects can be a daunting task.