LEG3 remains standard in Canada while US insurers replace it with proprietary wordings carrying stricter defect definitions and higher deductibles
Jhoanna Hines Jul 13, 2026
Aviva Canada's Leszek Bialy says a project's costliest gaps hide in its soft costs
As hyperscale projects balloon in scale and value, Aon's Terence Williams says brokers must rethink concentration and catastrophe risk
Tight financing structures leave little room for project overruns
Canada's construction boom is creating an underwriting challenge. Markel just hired for it
An MGA flags elevated fire exposure in construction projects
Liberty Mutual’s Alexander Jeyasingham says wood, plastics and food processing are still facing hard market conditions despite the broader softening
US$19m steel settlement highlights growing exposure to trade misrepresentation, whistleblowers and ‘tariff washing’ for Canadian boards and insurers
Alex Ilkos says financial pressure from CUSMA talks could quietly push contractors toward faulty work and claims
Navacord's Robert Beeston breaks down how these pressures are colliding to change how construction risk gets priced and placed
NFP's Randy Ramkissoon says one GPS tracker isn't enough anymore – thieves know where to look, and the claims are getting more severe
BFL Canada's Hector Plascencia says the gap between identifying a risk and actually understanding its business impact is where most organizations fall short
