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Green Building Risks: It's Not Easy Being Green
Authors:Howard M. Tollin
Affiliation:Aon Risk Solutions
Abstract:Building “green” and seeking certification are becoming necessary considerations for any construction project or construction improvement. The benefits and risks associated with building green will be explored in this article, and insurance solutions are offered. Certified green structures should provide healthier environments to work and live. Productivity should increase and sickness and absenteeism should decrease. The popularity, importance, and number of green building projects will continue to increase. However, green building also involves increased litigation risks associated with design, construction, ownership, and operation. This article will explore those risks, and insurability of such claim exposures. Many of those risks are insurable; some are currently uninsurable.
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