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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. Insurers can spend thousands of dollars litigating a single claim and end up spending more in loss than they would if they had settled it early.

See what RiverStone’s Vice President and Director of Liability Claims, Michael Bryant, has to say about the current and future state of construction defects claims management and litigation.