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Insurers expect rise in fraudulent claims as economic conditions continue to bite

Construction Law

Construction insurance will experience increasing impacts from the accelerating spread of Artificial Intelligence technology across the industry, warns law firm RPC in its Annual Insurance Review. To read more of this and every other news story on this site, please log in with your Construction Law membership account details.

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Insurance problems threaten the UK’s future

Construction Law

Insurance has never felt cheap to companies in the construction sector, although many or most of them never took the sort of risk management measures highlighted in our regular insurance articles, so to a large extent often had only themselves to blame if they were paying higher premiums than they need have. Premiums soared.

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Construction insurer hit in data breach

Construction Dive

Construction industry news, trends and jobs for building professionals who want mobile-friendly content.

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Insurers call for pilot investment projects to support green investments

Construction Law

UK insurers want to start pilot investment projects with local and national government to develop funding models that might include new public-private partnerships to help deliver a potential £100 billion of investment unlocked by post-Brexit regulatory reforms into green infrastructure projects. See the panel to the right.

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Travelers Insurance Wants to Pay You to Use Procore

Construction Junkie

Well, now at least one insurance company believes that, as well. I’ve admittedly been focused mainly on the productivity gains from using technology, but getting a discount from an insurance company to use it is an interesting side effect. Announced today, The Travelers Companies, Inc.

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The moment of truth – making a claim

Construction Law

Our insurance expert John D Wright of JD Risk Associates looks at the process of making a claim under an insurance policy, which generate a lot of court attention. There are pitfalls for the unwary, he warns - and for the insurers as well. See the panel to the right.

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Insurance firm and two senior figures handed record data breach fines

Green Industry Professionals

Fines totalling more than £150,000 handed down over use of private detectives to illegally obtain private banking records An insurance firm and two senior figures connected with the company have been given record fines for using private detectives to illegally obtain the private banking records of a businessman they were investigating.

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