Forget the 80s hard market or the GFC. Today’s insurance landscape is rewriting the rules and not in contractors’ favor
From electrical panel shortages to pickup truck backorders, the supply chain squeeze continues to distort underwriting metrics and destabilize project timelines. In construction especially, ripple effects are severe – delays don’t just slow progress, they trigger policy audit issues, shift sales figures and drive-up premiums off-cycle.
As a result, the current insurance environment doesn’t compare to previous economic downturns, said Bren