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 ...

The U.S. currently leads the world in data center development—which introduces a unique set of insurance challenges.

Zurich said lenders may cut commitments when adequate cover is unavailable. Insurance availability is becoming a key factor in determining whether major construction projects can secure financing.

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Extreme weather events are changing how the industry ...

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 ...

This is the second of a two-part article dealing with insurance issues facing construction professionals. In Part 1, the article discussed basic types of coverage and when each would be useful in the ...

For commercial real estate developers, construction insurers, and the broader investment community that finances New York ...

It's free, simple and secure. Builder's risk policies also usually include coverage for materials, like lumber and drywall. The policy pays out if a worksite is damaged by fire, lightning, vandalism, ...

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 ...