Throughout the insurance industry, the nation and even world, the health risks and liabilities surrounding per- and polyfluoroalkyl substances (“PFAS”) are rising at a fever pitch. In use since the 1940s, PFAS consists of approximately 4,000 separate chemicals and compounds. They’ve been widely used in such products as non-stick cookware (Teflon), floor wax, fabrics, coatings, […]
Design-build has become a growing phenomenon within the commercial building industry. According to the Design Build Industry of America (DBIA), “over half of owners have already or will use design-build in the next five years.” This represents approximately 44% of the construction spending expected to take place in the nonresidential, highway/street and water/ wastewater marketplace […]
A new insurance coverage is emerging in the Contractors Professional Liability (CPrL) realm – and it’s not related to professional services. While offered by one pioneering carrier for over five years, over the past 18 months a handful of carriers have joined to create a viable market for “faulty workmanship coverage” where it previously did […]
Risks confront every construction project, no matter the size or application. As a result, an increasing number of firms are now looking to protect themselves with Contractor’s Professional Liability (CPrL) policies that cover the damages arising from the covered negligent acts, errors and omissions related to the professional services performed by or on behalf of […]
By: Mitchell Cohen, PE, Vice President, RT Specialty An under-construction structure located in the southern US suffered a catastrophic collapse without warning. The tragedy resulted in the death of several people. As a result, engineering and construction post-collapse forensics experts engaged in an 18-month investigation. Those involved in the design and build project included the general […]
Source: https://www.propertycasualty360.com, October 16, 2019 By: Joseph Nawa Design-build has become an ever-growing phenomenon within the commercial building industry. As reported on the Design Build Industry of America (DBIA) website, “over half of owners have already or will use design-build in the next five years.” This also represents approximately 44% of the construction spending expected […]
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