Risky business
Article Abstract:
Schinnerer, a private US insurance concern, has become the first in its industry to give details about its claims relating to architects. If this trend is followed by other insurers, premiums may be able to fall, according to the Association of Consulting Architects (ACA), which commissioned the survey. Such information will allow architects to determine which areas of work carry the greatest risk, and they will be able to avoid these if they wish to reduce their professional indemnity insurance premiums. ACA has also looked separately at premiums paid by architects over the last five years, and has found that they can amount to as much as 15% of fee turnover.
Publication Name: Building
Subject: Construction and materials industries
ISSN: 0007-3318
Year: 1992
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Homebuyers take new turn: housebuyers are now more likely to opt for a new home than they were in the 1980s, thanks to realistic pricing, less hassle and - claim builders - better design
Article Abstract:
New homes are taking a higher share of the overall homebuying market and the trend its expected to continue. New homes are increasingly popular because of the shortage of second hand homes and more people feel that there are fewer problems involved in purchasing a new home. Also housebuilders often encourage buyers by offering sales packages which can include paying buyers' legal fees.
Publication Name: Building
Subject: Construction and materials industries
ISSN: 0007-3318
Year: 1995
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