Help with construction defect resources

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  • #10041
    Sean Noel
    Participant

    Hello, I am wanting to learn about construction defect insurance.  When I google it, I am only getting inundated with companies trying to sell me the product.  I would like to know more about it.  Does anyone here have some resources I can be linked to so that I can find answers to my questions.

     

    Among others, I would like to know what the exposure unit it, what sort of year they use (ie claims made year, construction year, or something I haven’t thought of), how the statute of repose affects loss development.

     

    Thanks in advance.

    #22806
    anthonyFCAS
    Participant

    Here is an article from one of my colleagues that you might find helpful

    https://us.milliman.com/en/insight/analyzing-construction-defects-practical-considerations

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