2020 brought with it a global pandemic as well as civil unrest across the country. Among the consequences is a continued hardening of the construction insurance market that have bled into additional product lines. Litigation and legislation trends also threaten to increase employer risk, thereby adding to the pressure for carriers to re-evaluate their underwriting appetite.
A Hardening Construction Insurance Market: Rising Premiums
This Construction Insurance Market Update for Q2 provides an overview in what is a dynamic, evolving market so you can establish realistic expectations for your insurance spend on workers’ comp, general liability, cyber, and more.