Experts: New trends prompt increase in contractors liability coverage

11/13/2011 | Business Insurance (tiered subscription model)

Insurers are experiencing an increase in demand for contractors professional liability coverage as contractors are being exposed to greater risks because of increased involvement in design as well as new techniques used in building projects, industry observers say. This type of insurance coverage "fills a tremendous void that is becoming increasingly more apparent to contractors and construction management firms in their insurance programs," said Richard Hartman of Arch Insurance.

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