Alliance: Spell Out Building Defect Laws
NU Online News Service, April 3, 1:59 p.m. EST? An insurance industry trade group is urging carriers and builders to lobby hard for legislation to reform the murky legal situation that has allowed a nationwide explosion in construction defect claims.
"Until there is a constant definition of where a contractor can be held liable, there is no end in sight to the spiraling litigation cycle," said Rodger S. Lawson, president of the Alliance of American Insurers in Downers Grove, Ill.
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
Already have an account? Sign In Now
© 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.
