The construction professional indemnity market has largely stabilised with many insurers showing a strong...
USA - Hinshaw & Culbertson, LLP
Insurers continue to confront social inflation, economic inflation, ESG/sustainability, and artificial intelligence as well as the systemic challenges associated with artificial intelligence...
Insurers continue to confront social inflation, economic inflation, ESG/sustainability, and artificial intelligence as well as the systemic challenges associated with artificial intelligence...
Article / 3 months ago
How to manage environmental risks facing the construction industry
Even the best planned construction projects carry a risk of causing unintended pollution, from disturbing buried waste to accidental leaks and spills....
Even the best planned construction projects carry a risk of causing unintended pollution, from disturbing buried waste to accidental leaks and spills....
Article / 8 months ago
Builders pay £135,000 amends for river pollution - TCI
A housing construction company and its contractor will donate a total of £135,000 to the Aire Rivers Trust after polluting Pitty Beck multiple times while building a new housing estate near Bradford....
A housing construction company and its contractor will donate a total of £135,000 to the Aire Rivers Trust after polluting Pitty Beck multiple times while building a new housing estate near Bradford....
theconstructionindex.co.uk /
Article / 8 months ago
Building Resilience: Environmental Impairment Liability
Traditionally EIL has been used in single property transactions to insure against potential claims and regulatory liabilities. Increasingly, however, real estate owners and investors are acquiring EIL to cover their operational risks and/or property portfolios.
Traditionally EIL has been used in single property transactions to insure against potential claims and regulatory liabilities. Increasingly, however, real estate owners and investors are acquiring EIL to cover their operational risks and/or property portfolios.
Article / 1 year ago
Water company lands £1.2m fines for pollution - TCI
Anglian Water has been hit with fines totalling more than £1.2m after it admitted to causing pollution incidents in two separate court cases last week...
Anglian Water has been hit with fines totalling more than £1.2m after it admitted to causing pollution incidents in two separate court cases last week...
theconstructionindex.co.uk /
Article / 2 years ago
Insurer Loses Bid To Share Coverage Of Sewage Damage Suit - Law360
A construction company's general liability insurer can't force the company's pollution insurer...
A construction company's general liability insurer can't force the company's pollution insurer...
law360.com /
Article / 2 years ago
Insurer Needn't Cover Developer's Pollution Suit, Judge Says - Law360
An insurer has no duty to defend or indemnify a developer and its owner in a suit alleging that a construction project caused sediment to run off onto a neighboring property...
An insurer has no duty to defend or indemnify a developer and its owner in a suit alleging that a construction project caused sediment to run off onto a neighboring property...
law360.com /
Article / 2 years ago
Munich Re loses dispute over silica cleanup, damages - Business Insurance
A federal appeals court affirmed a lower court ruling in favor of an Iowa reinsurer in a dispute with a Munich Re unit over cleanup and property damages related to construction that created silica dust.
A federal appeals court affirmed a lower court ruling in favor of an Iowa reinsurer in a dispute with a Munich Re unit over cleanup and property damages related to construction that created silica dust.
businessinsurance.com /
Article / 2 years ago
Sustainable Construction
Decarbonising the construction industry is essential to meeting net-zero goals. The insurance industry has a key role to play in supporting this transition.
Decarbonising the construction industry is essential to meeting net-zero goals. The insurance industry has a key role to play in supporting this transition.
Article / 2 years ago
Markets begin to stabilize for commercial insurance rates, yet cyber remains a challenge
Amid a steady deceleration of rate increases, 2022 is starting to demonstrate a shift toward normalcy for the commercial insurance market...
Amid a steady deceleration of rate increases, 2022 is starting to demonstrate a shift toward normalcy for the commercial insurance market...
Article / 2 years ago
