POINT OF VIEW PAPER ON CONSTRUCTION DEFECT LITIGATION
Greater complexity and increased focus on costs will drive industry dynamics and Construction Defect resolution over the near term, as insurers continue to amend and tailor coverage to their contractor customers. Early resolution of valid claims and proper, collaborative management of litigation costs in an increasingly complicated construction environment will help insurers to maintain market share and drive profits. RiverStone believes that, however your company chooses to manage its Construction Defect book, there are three important questions to ask around approach, costs, and expertise.
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