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Labor costs driving construction cost increases

The cost of construction has been rising more in the last few years for both materials and labor. However, of the two, the cost of labor has been rising faster than the cost of building materials in some areas of the country and there is a greater range of labor costs...

High quality data is the key

Accurate data about properties’ locations, construction type, fire-resistance and replacement cost, along with other detailed data, is necessary to provide a complete picture of risk for insurers and reinsurers. The ability to quickly access and transmit this data...