The Federal Emergency Management Agency (FEMA) has released revisions to the National Flood Insurance Program effective April 1, 2016, and if you carry Flood Insurance, you can expect some pretty substantial increases in your premiums.

Contractors have a lot to worry about it. In addition to their customers needs, rising material costs and their own employees, they need to worry about subcontractors who they hire to help perform a job. A subcontractor is an individual, or in some cases a business, that signs a contract to perform part, or sometimes all, of the obligations of another’s contract.