Injury-liability law responsible for higher construction insurance cost in N.Y.
Law holds builders solely liable for construction accidents
March 3, 2014
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.