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 | Dec 28, 2020

New York City proposal would require rainwater detention tanks for new development

Rule would apply to projects on lots sized 20,000 sf or larger.

Codes and Standards | Dec 17, 2020

Energy efficiency as a service gaining ground as financing approach for adopting innovations

Building owners can invest in new technology with no upfront cost.

Codes and Standards | Dec 16, 2020

Resources available to address Legionella threat

Buildings reopened after extended pandemic closure are at risk.

Codes and Standards | Dec 16, 2020

New Specifications for Concrete Construction reference manual released

Scope expanded to include shotcrete, internal curing, mineral fillers, and recycled concrete aggregates.

Codes and Standards | Dec 15, 2020

Despite COVID-19 population flight, don’t write off big cities yet

Lure of urban life and jobs may draw people back after pandemic subsides.

Codes and Standards | Dec 10, 2020

Test method for vertical fenestration installation procedures updated

FGIA issues first update for document created in 2005.

Codes and Standards | Dec 9, 2020

Newly formed Rainscreen Association aims to be recognized authority on rainscreen assemblies

Will address innovations in material performance and building designs.

Codes and Standards | Dec 9, 2020

Investors want building resiliency plans and risk mitigation practices

Owners should assess risk, insurance coverage, and ability to withstand disasters.

Codes and Standards | Dec 4, 2020

OSHA cites more than 200 employers for COVID-19 violations

Agency releases guidance on lessons learned from pandemic inspections.

boombox1
boombox2
native1

More In Category


Reconstruction & Renovation

Movement to protect historic buildings raises sharp criticism

While the movement to preserve historic buildings has widespread support, it also has some sharp critics with well-funded opposition groups springing up in recent years. Some opponents are linked to the Stand Together Foundation, founded and bankrolled by the Koch family’s conservative philanthropic organization, according to a column in Governing magazine.



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