Local business proprietors in the c...

Local business proprietors in the construction industry have something to fear in the mail these days: a alphabetic character from their insurance company.

When it originates to liability coverage for building single-family units, multifamily units or condominiums, the bad moderns from the insurance company usually arrives in two forms: either the policy is not being renewed or the rates are being raised in such a manner high that the contractor has to decide if they can afford to stay in business.

How high are the rates going? Von Smith, the general manager at strike Wallin Insurance, said he had a client whose insurance