Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Managing construction risks. Managing risk is a crucial part of any construction project and the challenge for construction firms will be to find affordable, comprehensive insurance during a hard insurance market. (Photo: ALM Archives)

Following a tumultuous year sorting through the fallout from the COVID-19 pandemic and a significant number of natural disasters, property and casualty (P&C) insurers stand to gain a boost from President Joe Biden’s proposed $2 trillion infrastructure plan.

While the scope of the proposal is expected to change as it moves through Congress, its anticipated large investments will be made to modernize the nation’s highways, rebuild bridges, and upgrade ports and airports, along with other critical infrastructure needs. As presented, Biden’s plan includes $157 billion for road, bridge, airport, port, and waterway improvements.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?


Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.