Construction firms under pressure to cut thefts

Insurance companies are placing pressure on construction firms to reduce the risk of losses from theft. Those companies with poor track records are being warned that they will face higher premiums, and excesses could even double.Construction firms can also expect more stringent conditions on their policies; for example, 24-hour security, and insurance firms insisting on hirers using Construction Products Association hire conditions – which place responsibility on plant users, not owners. In... (46 more words)

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