contractors professional liability coverage News

Contractor Hits a Wall as Insurer Denies Rectification Coverage Claim

A Maryland general contractor has spent almost $10.5 million to fix an improperly installed concrete wall system in a school it was hired to build and wants its insurer to reimburse it under a rectification expense coverage in its professional …

XL Catlin Adds Rectification Expense Coverage to Contractors’ Policies

XL Catlin’s Environmental insurance business has added new protection to its Contractor’s Professional and Pollution Legal Liability insurance to help contractors and environmental consultant clients absorb the costs of fixing an issue or mistake. The new coverage addresses contractor professional …

Travelers Enhances Contractors Professional, Pollution Liability Coverage

Travelers has enhanced its product offering for contractors by combining professional liability and pollution liability coverages. The product now offers additional protection against environmental damage caused by design errors. According to Adrienne Atwell, chief underwriting officer for Travelers Environmental & …