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Crisis For Contractors Spreads

Crisis For Contractors SpreadsThe hard market is causing problems in virtually every line of insurance today, but for general contractors liability, what had been a ...

By Mark E. Ruquet | Updated on June 17, 2002

Crisis For Contractors SpreadsThe hard market is causing problems in virtually every line of insurance today, but for general contractors liability, what had been a difficult line before has begun to take on the looks of a crisis.

According to managing general agents who handle this line, the magnitude of the problem is growing. While issues remain most acute in Texas and California, a growing number of claims is causing more difficulty in neighboring states.

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