CONTROLLING ACCIDENTSAND INSURERS' RISKSIN CONSTRUCTION: A FUZZYKNOWLEDGE-BASED APPROACH; Contents; Preface; Acknowledgments; Abbreviations; Introduction; The Global Trend of OHSin the Construction Industry; The Drive towards Re-engineering Workers'Compensation Insurancefor Improving Safety in Construction; Leveraging by IT; Focus of the Book; Structure of the Book; Workers' CompensationInsurance in Construction; Introduction; Origin of Workers' Compensation System; Workers' Compensation System; Costs Recovered under the Workers' Compensation System; 1. Medical Expenses
2. Temporary Incapacity3. Permanent Incapacity; 4. Dependants Death Benefits; 5. Compensation for Occupational Diseases; Workers' Compensation Insurance (WCI); Premium Rating Methods for WCI; Experience Modification Rating (EMR) Approachfor Premium Rating; Manual Rate; Payroll Unit; Experience Modification Rate (EMR); Example of WCI Premium Calculation; Computing the EMR; Computing the WCI Premium; Shortcomings of the EMR Approach; Ad-hoc Methods for Premium Rating; Drawbacks of the System; Conclusion; Critical Factors for Premium Ratingof Workers' Compensation Insurancein Construction
IntroductionPremium Rating Variables for Construction WCI; Predicting Future Claims in Construction WCI; Determining the Mark-up for Construction WCI; Research Methodology; Profile of Respondents; Data Analysis and Discussion; Important Variables for Premium Rating; Wage Roll; Project Hazard Level; Effectiveness of the Safety Management System on Site; Contractor's Claims History; Competition; Corporate Objectives of the Insurer; Overhead Costs of Insurance; Investment Income from Underwritten Premiums; Less Important Variables for Premium Rating; Profit/loss Experience in WCI Business
Reinsurance CostAmount of Outstanding Claims to the Insurer; Project Duration; Placement of Multiple Policies by the Contractor; Cooperation by the Contractor; Volume of Business in the Market; Unimportant Variables for Premium Rating; Expectation of Potential Business from the Contractor; Contractor's Size; Summary of Survey Findings; Risk Control Strategies for Insurance Companies; Health insurance; Motor Insurance; No Claims Discount (NCD); Incentive for Clean Driving Records; Loyalty Rebate; Insights for Construction WCI; Conclusion
Assessing Hazards and Safetyin Building Construction ProjectsIntroduction; Nature of Occupational Injuries in Construction; Estimating Accident Risks in Construction; Hazards in Building Construction Projects; Demolition Hazards; Excavation Hazards; Scaffolding and Ladder Hazards; False Work Hazards; Roof Work Hazards; Hazards in Erecting Structural Frameworks; Crane Hazards; Construction Machinery and Tools Hazards; Hazards on Contaminated Sites; Welding and Cutting Work Hazards; Hazards in Confined Spaces; Assessing Hazard Intensity in Building Projects
