construction liability News

Opinion: Study Suggesting N.Y. Scaffold Law Causes Injuries Misuses Statistical Techniques

[Editor's Note: The following is a commentary on a recent study from the New York Civil Justice Institute. The study argues that the New York’s "Scaffold Law" diverts millions of dollars to legal costs and insurance and that the law …

Study Says N.Y. ‘Scaffold Law’ Drives Up Construction Costs, Causes Injuries

A new study published this month challenges the claim that New York’s Labor Law 240, also known as the “Scaffold Law,” improves workplace safety. The study, titled “The Costs of Labor Law 240,” argues New York incurs additional workplace accidents …

Norman-Spencer Agency Expands Crane Program

Norman-Spencer Agency, Inc., a national insurance provider and program administrator, has made changes to its crane & boom truck program, including employee resource additions, new technology and product enhancements. The Norman-Spencer program features separate general liability, riggers, and automobile limits. …

Critics Say It’s Time New York Ends 1885 Scaffold Law

Years before skyscrapers, when New York City’s tallest building was still the 281-foot spire of Wall Street’s historic Trinity Church, state lawmakers passed the Scaffold Law, which made property owners and contractors liable for most “gravity-related” injuries to workers on …

Settlement Reached in Deadly NYC Crane Accident; Insurer Agrees to Pay $1M

The parents of a construction worker killed in a New York City crane accident have settled their wrongful death lawsuit for $1 million. The Daily News says Yonkers Contracting’s insurance company Liberty Mutual agreed to settle the suit filed by …

ProSight Specialty Launches “Pay as you Build” Builders Reporting Policy

ProSight Specialty Insurance, a global insurance group in the construction industry, has launched  a new product that will provide residential and commercial contractors with additional cash flow through a “pay as you build” feature with a low deposit premium called …

Inconsistency Is the Norm in Construction Liability Coverage

In construction liability insurance, there is a great deal of inconsistency in determining whether faulty workmanship is an occurrence. The answer is all over the map, according to Finley Harckham, a veteran insurance attorney at the New York law firm …

Insurers Oppose South Carolina Bill on Construction Defects

Insurers have come out  against a move by South Carolina lawmakers to extend general liability policies to include construction defects. The Property Casualty Insurers Association of America (PCI)  says such a move would add to loss costs and potentially lead …