A white hard hat sitting on top of work gloves, money, and a hammer. When a project is bid on a lump-sum basis, the biggest factor in choosing the winning bidder is the contractor that offers to construct the project at the lowest price. (Photo: MargJohnsonVA/Adobe Stock)

The construction industry is currently experiencing a significant boom driven by demand for new projects, particularly those related to infrastructure. But as construction firms look to capitalize on these opportunities, they must also understand how the increasing complexities in project management and execution may make them more vulnerable to professional liability claims.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Commercial Lines
Emerging Risk