flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Injury-liability law responsible for higher construction insurance cost in New York

Injury-liability law responsible for higher construction insurance cost in New York

A state law holds builders solely liable for accidents


By BD+C Staff | March 3, 2014
Image: khunaspix via FreeDigitalPhotos.net
Image: khunaspix via FreeDigitalPhotos.net

Construction contractors and developers in New York state face $3 billion more in costs and 667 more accidents per year because of a state law that holds builders solely liable for such accidents, according to a study commissioned by the New York Civil Justice Institute.

Opponents of the law say it results in higher construction insurance costs.

(http://www.crainsnewyork.com/article/20140219/REAL_ESTATE/140219844/obscure-law-drives-up-building-costs)

Related Stories

Codes and Standards | Dec 9, 2020

Newly formed Rainscreen Association aims to be recognized authority on rainscreen assemblies

Will address innovations in material performance and building designs.

Codes and Standards | Dec 9, 2020

Investors want building resiliency plans and risk mitigation practices

Owners should assess risk, insurance coverage, and ability to withstand disasters.

Codes and Standards | Dec 4, 2020

OSHA cites more than 200 employers for COVID-19 violations

Agency releases guidance on lessons learned from pandemic inspections.

Codes and Standards | Dec 1, 2020

Pandemic spurs nearly 16 million people to move from major cities

Most of the movement seems permanent.  

Codes and Standards | Nov 30, 2020

USGBC ready to catalyze LEED Positive future

New programs, updates will spur shift to regenerative strategies.  

Codes and Standards | Nov 30, 2020

Finalized 2021 Energy Code leaves out future-proofing provision

Appeals process nixed requirement for residential electrification readiness.

Codes and Standards | Nov 23, 2020

GBCI turns over GRESB ownership to global investment firm

Organization assesses sustainability performance of real estate and infrastructure portfolios and assets.

Codes and Standards | Nov 23, 2020

New industrywide clay brick EPD launched

Contributes toward LEED v.4.0 and v.4.1 materials and resources requirements.

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021