Insurance renewals spell catastrophe for contractors; construction defects and torch...

When roofing contractors set out to renew their insurance policies, obtaining any kind of coverage may mean disaster for some. Many insurance carriers will not even consider contractors who do habitation type structures or work with torch-applied systems. Those most at risk of losing their coverage are residential roofers. As for contractors trying to obtain a new policy, the odds are not good.

In January, the National Roofing Contractors Association (NRCA) announced that it was in negotiations with CNA, the association's insurance provider for contractor members for ma