Overcoming general contractor challenges
With wildfires raging, Propel specialists help keep a multi-million dollar project on track.
 In 2007, California-based Continuing Life Communities (CLC) was in the final stages of a $60 million apartment development when wildfires erupted in the area — part of a series of devastating fires that burned across Southern California that year, destroying at least 1,500 homes and over 500,000 acres. San Diego County, where CLC’s project was being built, was ground zero for the two largest fires. In the midst of all this, CLC faced another unexpected event. Their Builders’ Risk — which had been placed by a California agent — had expired. Even worse, the agency was unwilling to extend the coverage because of the fires. When CLC’s general contractor learned the news, he threatened to stop construction on the project entirely unless more comprehensive coverage was presented immediately. |
 Propel stepped in quickly on behalf of CLC, pulling together a network of attorneys, senior living specialists and Propel’s in-house underwriting unit to analyze the coverage form and address the contractor’s concerns. Working directly with the contractor’s legal counsel over the course of several days, the Propel team crafted a more comprehensive form that satisfied the very specific requests of the contractor. “They just jumped into action and basically worked out whatever difficulties the contractor had and on we went,” said Justin Wilson, CLC COO. |
 With permanent coverage in place, as well as a revised builders’ risk form, CLC’s contractor was satisfied. Though construction at the site was stopped briefly, the multi-million dollar project was completed on schedule. |
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