When discussing trends in the Construction insurance marketplace, experts agree: The greatest concern is a shortage in skilled labor to meet the growing demand in projects.
When discussing current trends in the construction-insurance marketplace, experts agree on one thing: The greatest concern is a shortage in skilled labor to meet the growing demand in projects.
With a huge influx of capacity, significant rate decreases and fierce competition for business, emphasis on value delivered is more critical than ever for the Excess & Surplus market
When the earth shakes, it gets our attention. With respect to earthquake insurance, an Oklahoma insurance department spokesperson recently told Reuters that take-up rates in the state grew after a magnitude 5.6 quake struck in 2011, from 4% before the temblor struck to as much as 18% at present.