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Expert Analysis

It's A Wrap — Insuring Construction Projects: Part 1

Law360, New York ( March 21, 2013, 1:44 PM EDT) -- The traditional mechanism to insure construction projects is to have the construction participants — such as the general contractor, the subcontractors and the design professionals — furnish their own corporate or practice insurance to protect against project risks. Typically, each participant would include the cost of its insurance, plus a markup, in its bid....

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