Business moves fast, and sometimes, decisions you make in the heat of the moment can lead to litigation later on. Some contractors are even accused of fraud based on evasion of insurance requirements or a failure to report injuries. Here’s a look at some of the recent construction insurance fraud litigation that has been making waves in New York, the East Coast, and the rest of the United States.
Read MoreTags: construction insurance litigation, Construction Insurance Litigation Roundup
With every dollar essentially worth more, construction insurance litigation is on the rise. According to Fulbright’s 8th Annual Litigation Trends Survey Report, the percentage of engineering and construction companies with lawsuits in excess of $20 million more than doubled from 17% in 2010 to 37% in 2011.
Tags: construction insurance, construction insurance litigation, construction insurance coverage
