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Contractors nationwide once again find themselves in a growth industry in these post-recession years. As the construction industry thrives, so too does the construction insurance market, where rates continue to be competitive and insureds are learning to capitalize on new training and technologies to mitigate risks.
If the industry can attract enough new skilled employees and the economy stays strong, market forecasters suggest that construction and the many types of insurance that support it, including General Liability, Workers' Compensation, Environmental and Cyber coverage, should continue to remain in high demand.
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Elana Ashanti Jefferson
Elana Ashanti Jefferson serves as ALM's PropertyCasualty360 Group Chief Editor. She is a veteran journalist and communications professional. Reach her by sending an e-mail to [email protected].
