Construction Enquirer has reported that “jittery insurers are pulling trade credit insurance cover on some of the country’s leading contractors.” Construction Enquirer comments that it has been contacted by several subcontractors and suppliers in recent weeks who warn that they are unable to obtain cover on some of the industry’s biggest names. The nervous state of the market was highlighted in the Readie Construction chairman’s memo to staff, which blamed chronic tightening in the performance bond and trade credit insurance markets for contributing to its failure. The article also notes that the Construction Leadership Council, working with the Builders Merchants Federation, recently launched a Trade Credit Insurance Survey to gather information on the current market position of TCI provision. To read Construction Enquirer’s article, go to