Construction’s New Loss Leader Calls for a Shift in Risk Strategy
During the early 2010s, construction risk professionals had one primary concern: General Liability. Construction defect claims, NY Labor Law exposure, and third-party injury drove loss ratios and underwriting scrutiny. Today, the landscape has materially shifted and severity has migrated, in large part, from GL to Auto. Read Annie Fleckser’s full article here, as recently published on AGC’s Construction Risk Insights newsletter, to explore the strategies to combat rising costs of auto premiums and loss.