Modular construction has gained significant popularity in recent years, with an estimated market size of $131.58 billion by 2030, according to Fortune Business Insights. Modular construction involves ...
As we approach the end of 2024, prudence dictates a checkup on one of the most critical risk management tools for developers, builders and designers – insurance. With multiple acronyms out there such ...
Claims inflation, wildfire risk, and litigation pressures are forcing developers to rethink how they build and who they ...
A profound shift in the U.S. property development sector has emerged in recent years, and it’s shaking the very foundation upon which buildings are constructed. The changing attitude of insurance ...
Costs per megawatt, the measure of a data center project such as this one under construction in Ashburn, Va., have risen dramatically in recent years, stretching the limits of insurance coverage.
It is critical for contractors to understand the insurance requirements in construction contracts, as these projects carry very high levels of liability and risk. Construction involves moving ...
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 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 ...
Gallagher is warning that a combination of legislative reform and a key court ruling in New South Wales is materially ...