Defective Workmanship and Insurance

April 1, 2009 — 500 views  


Over the past decade, the construction industry has experienced significant growth, although recently it has waned due to the financial meltdown caused by subprime mortgages.  Even with the recent abatement in construction, the growth of new construction over the last decade is apparent.  Greater frequency of the discovery of, and ensuing litigation over, faulty or defective workmanship has followed this boom in construction and such exposure is not likely to end soon.
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