In every industry, rising costs have been a common occurrence for the past few years, and consumers have noticed higher prices across a wide range of goods and services. On Long Island, builders have ...
A controversial 140-year-old, only-in-New York law that holds property owners and contractors responsible for all falls on construction sites, even in instances of worker negligence, has caused ...
Some Long Island builders and contractors are blaming the rising costs of new construction not only on the escalating costs of steel and concrete but on the soaring price of commercial insurance. They ...
In 2026, the Second Circuit questioned whether the 1994 George A. Fuller case still controls New York law on construction insurance. The article argues that modern policies favor coverage for property ...
As we approach the end of 2024, prudence dictates a checkup on one of the most critical risk management tools for developers, builders and designers – insurance. With multiple acronyms out there such ...
With increasing frequency, at Tarter Krinsky & Drogin, we find our attorneys assisting owners and developers in connection with assessing and procuring the necessary policies of insurance associated ...
Construction business leaders know how quickly market conditions can shift. Tariffs, labor shortages, and inflationary pressures are changing the cost of doing business, while technology and legal ...
Understanding Construction Contract Insurance Requirements: How to Avoid Costly Gaps and Legal Risks
It is critical for contractors to understand the insurance requirements in construction contracts, as these projects carry very high levels of liability and risk. Construction involves moving ...
Zurich Insurance filed an insurance coverage lawsuit against Lendlease (US) Construction and Starr Indemnity & Liability on October 9 in New York Southern District Court. The suit, brought by Coughlin ...
While many factors contribute to the astronomical cost of living in New York, ever-increasing insurance costs loom large — and for too long they have been quietly driven by entrenched interests in ...
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