Mold Lawsuits Have Industry Feeling Vulnerable as Larger Projects Are Eyed
It is a "mold new world" out there and construction industry firms think that it stinks because of increasing liability for things that they feel they cannot control. But like it or not, they are going to have to change the way they do business and build projects as mold litigation hysteria sweeps through the nation.
There definitely is something to fear and for which to prepare. In June 2001, a Travis County, Texas, trial court set match to tinder when it awarded a homeowner more that $32 million for mold contamination from her insurer, Fire Insurance Exchange.