A subsidence claim does not always require contractor negligence to become a coverage issue. In this clip from our recent Construction Insurance webinar, Alex Fifelski, Broker, Burns & Wilcox, Brokerage Division, Atlanta, Georgia, explains how subsidence exclusions can leave contractors exposed when earth movement contributes to a loss.
Canada’s Construction industry is estimated to reach $300 billion in 2023. Unexpected costs arising from damages or accidents at a construction