For concrete pumping business owners grappling with the challenges of a hard insurance market, adopting best-in-class safety practices can be a game-changer. In the Concrete Pumping Fall 2024 issue, “Navigating Rising Insurance Costs in a Hard Market,” we explored the challenging landscape of the current insurance market, where insurance providers have tightened their underwriting criteria and pumpers are subsequently facing soaring premiums and restricted coverage. This scenario is driven by factors like inflation and increased auto accident costs, catastrophic weather events, regulatory impacts and nuclear verdicts in which juries issue damage awards of more than $10 million.
ACPA is pleased to announce its partnership with Clearwater Health / Risk Strategies to help members provide affordable, high-quality healthcare solutions for their businesses.
If your concrete pumping business is facing steep increases in insurance renewals or struggling to obtain coverage, you're not alone. The insurance industry is currently experiencing a "hard market" environment when it comes to rates and insurability.
