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Keep up to dateBy Jordan Marshall2021-06-18T05:00:00
Source: Shutterstock
Some firms struggling to get cover for cladding or fire-related claims
The government has not considered intervening in the construction industry's profesisional indemnity insurance crisis despite the risk it poses to fire safety work, according to the housing minister.
Earlier this year a Construction Leadership Council (CLC) survey revealed that firms across the industry had reported sharp increases in premiums for PI insurance (PII) as well as stricter curbs on the levels of cover – with the survey finding the restrictions meant a third of respondents were unable to carry out remedial work.
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