Courtesy NTSB Crash in 2012 cost insurer $1 million. Courtesy NTSB The runway slope was improperly made by contractor, claims insurer for crashed jet. An insurer that reportedly paid out $1 million to the owner of a small private jet that crashed on a Georgia airport runway in 2012 is suing the airport and a contractor that reconstructed the runway. The insurer claims the runway was improperly built.To win its case, the insurer, Old Republic Insurance, will apparently have to disprove part or all of a National Transportation Safety Board investigation of the crash at Macon Downtown Airport. The investigation
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.