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Risk Management

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Homeowner’s Insurance Risk: A Dealbreaker for New Developments?

For residential developers and general contractors, new construction always carries inherent risks—rising labor costs, fluctuating material prices, permitting challenges, and unpredictable market demand. However, in today’s environment, another critical yet often overlooked factor could turn a promising project into a costly misstep: homeowner’s insurance availability. As insurance companies withdraw from high-risk areas due to mounting […]

Homeowner’s Insurance Risk: A Dealbreaker for New Developments? Read More »

Impact of Proposed Tariffs

Protecting Your North Carolina Construction Business from Proposed Tariffs

The construction industry is well-acquainted with challenges like labor shortages and supply chain issues. Now, with President-elect Trump indicating plans to introduce new tariffs on foreign trade—especially on imports from China, Mexico, and Canada—economists warn of additional obstacles ahead. For general contractors in North Carolina, these proposed tariffs could significantly influence material costs, project timelines,

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