In recent years, the housing market has been chaotic, underscored by rising interest rates, record-low housing stock, and elevated home price tags. This turbulence has significantly increased the demand for housing, whether buying or renting. In a notable development, U.S. home building surged in May 2023, climbing 21.7% from April 2023, as low inventory in the existing home market continued to boost interest in new homes according to CNN. This uptick in residential construction underscores the importance of builder’s risk insurance in ensuring a Secure Building Future.
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Navigating Builder’s Risk Insurance for a Secure Building Future
Navigating Builder’s Risk Insurance for a Secure Building Future
In recent years, the housing market has been chaotic, underscored by rising interest rates, record-low housing stock, and elevated home price tags. This turbulence has significantly increased the demand for housing, whether buying or renting. In a notable development, U.S. home building surged in…
Managing Nuclear Verdict Trends in Insurance
The Startling Rise of Multimillion-Dollar Verdicts