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Injury-liability law responsible for higher construction insurance cost in New York

BD+C

Construction contractors and developers in New York state face $3 billion more in costs and 667 more accidents per year because of a state law that holds builders solely liable for such accidents, according to a study commissioned by the New York Civil Justice Institute. Legislation Codes and Standards'

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How to Get Better Options in Today’s Hard Insurance Market

Construction Business Owner

How to Get Better Options in Today’s Hard Insurance Market. One thing underwriters have made abundantly clear during this challenging renewal environment is that simply blasting a submission to multiple insurance carriers to find competitive pricing, will not produce the effective results it may have in the past. . Greg Ragsdale.

Insurance 156
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Amazon Local Services

Construction Marketing

Amazon users in New York, Los Angeles, and Seattle will see the offers after purchasing items such as car stereos, air conditioners, or any items that may require installation. Amazon plans on conducting background checks on the businesses and will determine if they have liability insurance.

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New York Court of Appeals Narrowly Construes Additional Insured Endorsement

Construction Dive

A New York appeals court has narrowed the conditions under which a party named as an additional insured can access the policyholder's policy for liability coverage. Businesses that make use of additional insured coverage -- as parties to construction projects generally do -- should take note. By: Robert D.

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10 Best Insurance Companies for Construction Businesses

Levelset

Whether you’re just starting your business or looking to change insurance carriers, it pays to go with a company that has experience and knowledge in providing insurance for the construction industry. These days you can purchase insurance on your own or go through a local agent. Best construction insurance companies.

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New York Looks at Possible Scaffolding Law Reform

Safety Services Company

New York Looks at Possible Scaffolding Law Reform. A New York State law that has protected workers for more than 100 years is in danger of undergoing a major revision. Opponents believe New York’s scaffolding law is too rigid, claiming the law awards negligent and even drunk construction workers.

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How to Step Up Your Game on Loss Control & Claims Management

Construction Business Owner

Achieving favorable terms in a hard property & casualty insurance market. One thing underwriters have made abundantly clear during this challenging renewal environment is that simply blasting a submission to multiple insurance carriers to find competitive pricing, will not produce the effective results it may have in the past. .

Claims 156