Provide full answers to the following questions. You are encouraged to conduct research outside of what is stated in the text. You will be graded on the completeness of your answers, your ability to effectively argue your points/answers, as well as on professional communications expectations, i.e. spelling, grammar, diction, sentence structure, etc. Insurance What is subrogation and why is it important? Discuss an example of when subrogation may be required. When would a construction company receive dividends from it is insurance policy? When might an owner use wrap-up or and OCIP? What are the advantages and disadvantages of OCIP? Describe the reason for workers' compensation. Why is this an essential aspect of the engineering and construction industry? Safety Describe the three agencies created under the Williams-Steiger Act. Describe the two parameters used to categorize risk. Compare and contrast 'Serious" and "Other-Than-Serious" infractions. How can OHSA fines be reduced? According to our guest speaker, there are three ways to incorporate safety into projects. Briefly describe each. Which could arguably be the most effective and what should this mean to you as an engineer?
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