Rising Prices, Shrinking Policies Generate Waves of Uncertainty 1/26/2004
These are unfamiliar times when it comes to buying insurance. Just ask Gilbert Rivera, the owner of AMG Waterproofing, a contractor who has been doing business in New York City for 23 years. He sends workers to the tops of the citys ornate old buildings to seal and restore them.
Two years ago, the tab for his insurance took off like a space probe and it shows no sign of returning to earth. He is paying much more for less coverage.