The Assurex Global Construction Practice Group has just released the whitepaper, Deconstructing Construction Defect Claims.
Construction defects arise from deficiencies in how something is designed, built, operated or maintained. Allegations of construction defect happen on jobs of all sizes and types; they impact everyone associated with the project, from architects to general contractors, electricians and roofers. In today’s litigious society, construction defect claims are likely to increase in frequency. The associated costs can be staggering, taking a toll not only on a company’s finances, but also its reputation.
This whitepaper discusses the primary categories of construction defects, the concept of construction defects as an “occurrence,” general liability coverage for construction defects and risk management solutions. Read the full whitepaper.