Is the New York Scaffolding Law Driving Up Insurance Costs?

August 8, 2018
Beverley BevenFlorez-CDJ STAFF

Construction Drive reported that critics are blaming New York’s Scaffold Safety Law for insurance increases for “New York City's $11.2 billion East Side Access tunnel has risen 557% from original cost estimates to $584 million.” However, others are claiming “much of the increase is due to a decade's worth of project delays, and insurance costs have risen along with the extended coverage period. In addition, as part of its last insurance policy renewal, the authority has to pay a $15 million penalty to its insurer because personal injury claims exceeded the policy's $40 million cap.” Construction Dive suggested “[i]f personal injury claims for falls is what is driving up a construction company's insurance costs, then that contractor should probably evaluate its safety program, and implement policies that will reduce the rate of accidents.”



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