Constructing green buildings poses new liability risk
Property/casualty insurers are refusing to cover a potential liability that may arise from constructing new buildings and other properties that do not comply with environmental efficiency standards. "There is certainly going to be litigation coming out soon around this issue, and insurance companies are waiting to see" the outcome before offering any coverage, an industry executive said.
Business Insurance
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This story published in NAMIC dailyLead® on 11/02/2009
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