LEG3 remains standard in Canada while US insurers replace it with proprietary wordings carrying stricter defect definitions and higher deductibles ...

Every construction project is a team effort, with multiple subcontractors bringing individual expertise to the table. Each subcontractor comes with unique insurance requirements that need tracking and ...

The construction industry is one of the most dangerous professions in the country. In fact, in 2023, about 1 in 5 workplace deaths occurred in the construction industry and 38.5% of these deaths were ...

Follow Form isn’t a guarantee that contractual risk transfer provisions remain intact. Verify coverage closely.

Les Masterson is a deputy editor and insurance analyst at Forbes Advisor. He has been a journalist, reporter, editor and content creator for more than 25 years. He has covered insurance for a decade, ...

Construction insurance premiums of all kinds rose 4.6% in the first quarter of 2024, according to a midyear market report by the Council of Independent Insurance Agents & Brokers. The data was ...

Insurance is one of the tools most often used to manage risk in connection with construction projects. In determining insurance requirements for construction contracts, it is important to identify the ...

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In every industry, rising costs have been a common occurrence for the past few years, and consumers have noticed higher prices across a wide range of goods and services. On Long Island, builders have ...

Ensure your home plans adhere to local zoning and are up to code. Research construction methods and consider non-standard construction house insurance before building your dream home to make the ...

Construction insurance company Billy announced today the closing of an additional $2.5 million led by Entrada Ventures and MetaProp, bringing its total funding to $6.7 million. Nyasha Gutsa and Grant ...

Integrated Specialty Coverages, a portfolio company of Two Sigma’s Sightware Capital, has acquired Sacramento, California-based California Contractors Insurance Service Inc, a licensed construction ...