Insurers Expanding into Subcontractor Default Insurance Market

subcontractor default insurance market

There’s good news to share for those in the commercial construction trade: The year ahead is likely to usher in a new era in Subcontractor Default Insurance, or SDI. For years, Zurich Insurance Ltd. had been the only insurer that offered SDI, in a line that it called Subguard. That slowly changed, however, as other… Read more »

When Too Much Work Can Lead to Default

subcontractor default insurance

There’s news on the Denver market’s housing front that’s cause for both celebration and a bit of concern. The good news is that at least 12 condominium developments containing nearly 1,200 combined units have been announced or are under way in the metro area, according to a report in the Denver Business Journal. Two factors… Read more »