Some construction projects pose greater difficulty in obtaining insurance coverage, including those utilizing EIFS cladding, projects planned on difficult terrain or in urban areas, and structures using modern, engineered timber. Specialist wholesale brokers can provide the guidance needed to find the most appropriate coverage for unique or challenging builds.

New York State Labor Law sections 240 / 241, known as the Scaffold Law, has created a litigious environment and made it difficult for contractors to obtain insurance. However, proposed legislation would reform the Scaffold Law on projects with federal funding. Could the bill pass? And what would it mean for the insurance market in New York?

Want to know more about what to expect in the insurance marketplace but don’t have time to read a 10+ page State of the Market? Interested in emerging trends and market or capacity changes? Gain the key marketplace insights you need at just a glance with our easy-to-read 2024 guides.

There are major differences between pollution coverage extensions in a GL policy and a genuine pollution insurance policy. Insurance agents are living on the edge by verifying pollution insurance on COIs if the only coverage is provided by a GL policy with an endorsement making exceptions to the pollution exclusion. Continue reading to learn more about obtaining the right pollution liability coverage.

Product recall events are a known risk of doing business across many sectors. The discovery of these concerns can come from regulatory agencies like the FDA, customer product testing, supplier issues, and/or a company’s own quality control process. Even companies with the best quality control processes in place are vulnerable to product recall risks.