SDV Insights

Will Builders Risk Get "LEGs"?

Tracy was interviewed for an article in the latest issue of Viewpoint (published by the AAIS) on LEG endorsements as a part of builders risk policies…

Perhaps more importantly, knowledgeable brokers and risk managers are becoming aware of the choices provided by LEG endorsements and are asking for them, or something analogous to them. “There is a growing understanding among sophisticated brokers and risk managers of how LEG 2 and LEG 3 can avoid big claims coverage litigation,” says Tracy Alan Saxe, an insurance coverage attorney at Saxe Doernberger & Vita and an expert on faulty workmanship claims who represents policyholders. According to Saxe, the use of LEG endorsements is becoming more common for projects in the U.S. energy sector and increasingly sought in civil and building construction by sophisticated general contractors, construction managers and developers and brokers.

Click on this link to view the article in pdf format


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