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Insurance snub for contractors

Series: Construction News ; (6746) 13 December 2001, 1-2(1)Publication details: 2001Subject(s): Summary: The construction industry has been dealt a blow after reports that insurance costs will dramatically rise, or in the worst possible scenario, insurance will not be available. Problems within the insurance sector and the economic downturn following the New York bombing is reportedly responsible for this U-turn, as well as the industry's poor health and safety record.

The construction industry has been dealt a blow after reports that insurance costs will dramatically rise, or in the worst possible scenario, insurance will not be available. Problems within the insurance sector and the economic downturn following the New York bombing is reportedly responsible for this U-turn, as well as the industry's poor health and safety record.