Injury-liability law responsible for higher construction insurance cost in N.Y.

Law holds builders solely liable for construction accidents

By Peter Fabris, Contributor | 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.

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