General Liability Increase Expected for Construction Firms

A report by Marsh states that the U.S. construction industry should expect rate increases of up to 15% in the commercial General Liability market, due to years of soft market conditions. “This comes against the backdrop of medical cost inflationRead The Full Article »

Rehearing on Crossmann v. Harleysville Ordered

Contractors looking for state supreme court reversal On March 9, 2011, the South Carolina Supreme Court granted a petition for a rehearing on the controversial Crossmann v. Harleysville decision, which was the subject matter of two prior blog posts.* Hopefully,Read The Full Article »

Bad Decision in Crossmann v. Harleysville Case

Court ruling is detrimental to builders and homeowners in South Carolina In the recent case of Crossmann v. Harleysville filed on January 7, 2011, the South Carolina Supreme Court ruled that faulty workmanship that results in property damage to a builder’sRead The Full Article »

Chinese Drywall Problems Are Huge

“The property loss from Chinese drywall could exceed every U.S. hurricane except Katrina and Andrew.” The complaints received by the Consumer Products Safety Commission show that the impact of Chinese drywall will be widespread.  Between 2004-2006, an estimated 500 millionRead The Full Article »