Skanska Lands $294,100 Forest Service Grant to Tackle Insurance Costs Holding Back Tall Mass Timber

A Skanska-led team of insurers, engineers and architects will spend two and a half years documenting how to insure mid- and high-rise mass timber buildings. Builders risk premiums for timber projects can run as much as 65 percent above those for concrete and steel, a cost the industry says is slowing adoption even as building […]