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

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 ...

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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 ...

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.

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 ...

Global construction faces labor shortages and rising material costs, impacting project timelines and insurance rates amid a data center boom. The Willis Global Construction Rate Trend Report for Q1 ...

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 ...