Construction GL rates up 5%-15%, builders risk up 5%-10% as hard market eases: WTW
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Construction GL rates up 5%-15%, builders risk up 5%-10% as hard market eases: WTW

WTW said adverse development “is evident” in auto liability lines from 2015 to present.

By Jairo Ibarra
March 15, 2024
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General liability rates are rising between 5% to 15%, while master builders risk pricing increases are in the 5%-10% range in the North American construction sector, according to a WTW report.

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