CONSTRUCTION DEFECT JOURNAL

"News and Information for Construction Defect and Claims Professionals"

CONSTRUCTION DEFECT JOURNAL - ISSUE 242749 - THURSDAY, FEBRUARY 6, 2025

Cyber Security: Insurance Prices Level After Two Years of Brutal Increases

January 2, 2024
Richard Korman - Engineering News-Record

Satisfied that they finally have their arms around cyber-security risks and that construction company defenses are adequate for now, insurance carriers in 2023 ceased brutal cyber insurance price hikes, said brokers at the International Risk Management Institute's recent construction risk conference in Orlando, Fla.

Mr. Korman may be contacted at kormanr@enr.com


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