flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Injury-liability law responsible for higher construction insurance cost in New York

Injury-liability law responsible for higher construction insurance cost in New York

A state law holds builders solely liable for accidents


By BD+C Staff | March 3, 2014
Image: khunaspix via FreeDigitalPhotos.net
Image: khunaspix via FreeDigitalPhotos.net

Construction contractors and developers in New York state face $3 billion more in costs and 667 more accidents per year because of a state law that holds builders solely liable for such accidents, according to a study commissioned by the New York Civil Justice Institute.

Opponents of the law say it results in higher construction insurance costs.

(http://www.crainsnewyork.com/article/20140219/REAL_ESTATE/140219844/obscure-law-drives-up-building-costs)

Related Stories

Codes and Standards | Aug 22, 2016

Federal construction contractors propose reforms to federal project delivery

Industry leaders offer how procurement system could be improved.

Legislation | Aug 19, 2016

California lawmakers may take action to address contractor negligence

An assembly committee heard testimony on deadly balcony collapse that occurred last year.

Energy Efficiency | Aug 17, 2016

Investor Confidence Project aimed at raising trustworthiness on energy efficiency projects

The new initiative screens projects to see if they are investor-ready.

Standards | Aug 17, 2016

U.K.’S BREEAM green building standard enters U.S. market

The standard is touted as a cost-effective alternative to LEED.

Standards | Aug 16, 2016

Standard for conducting, reporting energy audits open for review

A joint ASHRAE/ACCA proposal seeks comments from industry professionals.

Legislation | Aug 10, 2016

Calif. bill would speed up environmental lawsuits on certain projects

A nine-month limit has been proposed for some $100 million-plus projects.

Resiliency | Aug 10, 2016

White House pushes for better finance strategies for disaster mitigation and resilience

The move highlights innovative insurance, mortgage, tax, and finance-based strategies.

Regulations | Aug 9, 2016

New trend eases parking requirements for U.S. cities

Transit-oriented development and affordable housing are spurring the movement. 

Regulations | Aug 8, 2016

EPA toughens rules to reduce formaldehyde exposure from composite wood products

Products will now have to be labeled as compliant to the new rules.

Regulations | Aug 5, 2016

Stop-work orders in New York City up sharply this year

The orders come after a rise in the number of deadly accidents that have occurred in the past few years.

boombox1
boombox2
native1

More In Category

Warehouses

California bill would limit where distribution centers can be built

A bill that passed the California legislature would limit where distribution centers can be located and impose other rules aimed at reducing air pollution and traffic. Assembly Bill 98 would tighten building standards for new warehouses and ban heavy diesel truck traffic next to sensitive sites including homes, schools, parks and nursing homes.




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021