Abstract
Insurers paid approximately $200 million toward mold and moisture-related defect claims in 2000. That amount increased to $1 billion in 2001 and $3 billion in 2003. During this time, premiums increased more than 50%, forcing one-third of all contractors to abandon work in markets where they could not obtain or afford liability coverage.
Original language | English (US) |
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Pages (from-to) | 40-41+44+46+48-52 |
Journal | ASHRAE Journal |
Volume | 50 |
Issue number | 7 |
State | Published - Jul 2008 |
Externally published | Yes |
ASJC Scopus subject areas
- Building and Construction
- Mechanical Engineering