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Construction Risk Experts Outline Looming Changes

机译:施工风险专家概述了即将发生的变化

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Insurance reps, contractor risk managers and attorneys highlighted looming new risks at the Insurance Risk Management Institute's construction conference, held in Orlando, Fla., from Nov. 12 to Nov. 15, that could spell new bottom-line impacts and a need for more vigilance. William B. Noonan, risk-management vice president for contractor Structure-Tone, noted the importance of having builders' risk policies "during construction" as well as blanket wrap-up coverages offered by owners or contractors. But Vincent Zegers, a construction specialist at Marsh USA, said there is still confusion as to whether subcontractors and suppliers should be "named" or just "additional" parties to the builder's risk coverage and how that status difference affects damage liability. Noonan emphasized that such policies also are being purchased too late in a project's progress, while Zegers noted continuing uncertainty among insurers and states over when and why policies can be cancelled.
机译:保险代表,承包商风险经理和律师在11月12日至11月15日在佛罗里达州奥兰多举行的保险风险管理协会的建设会议上强调了迫在眉睫的新风险,这可能会带来新的底线影响,并且需要更多警觉。承包商Structure-Tone的风险管理副总裁William B. Noonan指出,在“施工期间”制定建筑商的风险政策以及业主或承包商提供的全面承保范围的重要性。但是,美国沼泽公司(Marsh USA)的建筑专家文森特·泽格斯(Vincent Zegers)表示,对于分包承包商和供应商是否应“指定”建造商的风险范围,还是仅仅是“其他”各方以及状态差异如何影响损害赔偿责任,仍存在困惑。努南(Noonan)强调说,购买此类保单对于项目的进展也为时过晚,而泽格斯(Zeggers)指出,保险公司和各州之间在何时以及为何取消保单方面仍存在不确定性。

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