Posts Tagged ‘Insurance industry’
Policyholders see premiums jump nearly 800%
Owners of apartments with flammable cladding are facing an astronomical rise in insurance premiums in the aftermath of the Grenfell Tower tragedy, with some seeing prices jump nearly 800%. The situation comes as many providers are hesitant to provide cover on their own, opting instead to share risks with […] Click here to view original…
Read MoreCladding Action Groups on Radio 4 You and Yours consumer affairs programme
Insurance hikes of as much as 800 per cent hit architects hard
Architects have called for a radical overhaul of the market for professional indemnity insurance (PII) as they grapple with soaring costs, increased paperwork and tighter restrictions on building specifications The AJ has spoken to a number of practices which have faced difficulties renewing this cover, which protects them against […] Click here to view original…
Read MorePRESS RELEASE – Fire Safety Works To Continue At Cladding Hit Site
Fire safety works at Islington Gates are top priority of the Leaseholder Board at Islington Gates and our managing agents. Our building consultant is overseeing the works and will be reviewing progress this week. Subject to Covid-19 restrictions we want to complete the additional fire breaks ASAP. Obviously no-one has any control over its impact…
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