The retail inland marine division of ACE USA has added green building endorsements to its builders risk product offering which should benefit developers, contractors, architects and owners. "The endorsements are designed to address customers' potential financial loss stemming from changes in environmental standards, repairs using green materials, additional debris-removal expenses, and loss of tax credits.
http://www.insurancejournal.com/news/national/2008/10/21/94835.htm
Insurance of this type should help to alleviate some of the risks associated with building green.
Tuesday, October 21, 2008
New Green Risk Insurance Product
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