The ‘Angst-Inspiring’ Insurance Reality Of Sink Holes — Chubb

The United States of America is currently enjoying strong economic momentum. Spending in the construction industry hit record highs towards the end of 2017, alongside positive gains in the manufacturing industry, according to data from The Institute for Supply Management (ISM). American towns and cities are continually expanding and paving their way into the future. But is this construction and infrastructure boom creating a new risk profile? Are your clients (personal and commercial) taking environmental and geological pressures into account when purchasing insurance? Mass development of urban and rural areas can have significant geological impacts.