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California, New York Builders Face Heavy Lifting To Get Liability Cover

Golden State trial lawyers find contractor liability to be a 'profitable business

By Matt Brady | Updated on February 26, 2006

Contractors, along with their insurers and brokers, are coping with big challenges in two of the nation’s largest and most active construction markets–California and New York–which have traditionally been “very difficult, [but] for very different reasons,” one leading insurer contends.

California is the more complicated of the two, with a number of factors contributing to problems there, according to Richard Aldorisio, vice president in charge of primary casualty at Investors Underwriting Managers, a Red Bank, N.J.-based subsidiary of Markel Corp.

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