Between materials costs increasing and the workforce shortage persisting, alternative construction insurance may help fill ...

Each policy type is tailored to address specific areas of risk, ensuring comprehensive protection for both contractors and project owners. While construction insurance covers many risks, it may not ...

Contractors face rising construction risks and insurance price pressure. Farmer Brown reports updated guidance on Builders Risk coverage costs while promoting a unified path from construction coverage ...

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 ...

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 ...

An invisible shift is happening in the insurance sector as business owners, like contractors, are moving away from generalist agencies for firms dealing in niche areas. The need for specialized ...

In every industry, rising costs have been a common occurrence for the past few years, and consumers have noticed higher prices across a wide range of goods and services. On Long Island, builders have ...

CARPINTERIA, Calif.--(BUSINESS WIRE)--Procore Technologies, Inc. (NYSE: PCOR), a leading global provider of construction management software, today announced its latest offering, Procore Risk Advisors ...

Les Masterson is a deputy editor and insurance analyst at Forbes Advisor. He has been a journalist, reporter, editor and content creator for more than 25 years. He has covered insurance for a decade, ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Few forces are as unpredictable and potentially ...

The $1 billion-plus Surfside settlement marks a milestone in the lawsuit over the deadly condominium collapse. It also reveals the role of real estate insurance — and is a harbinger of premium hikes ...

The cost of construction insurance in Florida is having developers second-guess their willingness to invest in the Sunshine State, while business leaders are growing concerned that higher insurance ...