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December 06, 2004
Terrorism concerns push insurance rates higher
Terrorism insurance rates are increasing again, and some Atlanta building owners are paying big. CSC Associates L.P., the partnership between Cousins Properties Inc. and C&S Premises that owns Midtown's Bank of America Plaza, paid $834,000 in 2003 for insurance coverage of the Southeast's tallest building, according to Cousins annual filing with the Securities and Exchange Commission. That is up from $653,000 in 2002 and $115,000 in 2001.
Posted by Tom Troceen