property insurance costs News

Insurance Costs 6 Times Greater for Wood Frame Versus Concrete Buildings

A new study of the property insurance costs for wood frame and concrete mid-rise residential buildings conducted by GLOBE Advisors and released by the Concrete Council of Canada reveals a substantial gap in the risks and insurance rates between the …

Illinois Vacant Building Increasing County Insurance Bill

Officials in Vermillion County in eastern Illinois say concerns about a vacant skyscraper makes it more expensive to insure an adjacent county building. The 12-story Bresee Tower in downtown Danville is the tallest building in the county. It was built …