Source: https://plusweb.org/, August 4, 2025

A perfect storm of labor shortages, material volatility, economic uncertainty, and accelerating adoption of advanced technologies in the construction industry is reshaping project delivery and, with it, the liability profile of contractors. Errors & Omissions (E&O) coverage—once viewed as optional, or necessary only for design professionals—is becoming an essential component of a contractor’s risk-transfer program. For the insurance claims professional, this evolution presents new questions of coverage, allocation, and defense strategy that must be answered against a rapidly shifting factual and legal backdrop. Read more.