Builders News

Berkshire Hathaway Specialty Expands into Builder’s Risk Segment

Berkshire Hathaway Specialty Insurance (BHSI) is expanding its property capabilities to include builder’s risk insurance. The company also named Robert Tricamo to head the new specialty property area as vice president, Construction. “These new capabilities enable us to round out …

Coventry Risk Specialty Launches Pay-As-You Build Construction Program

Coventry Risk Specialty, an MGA focused on the construction industry, has launched a new Builders Reporting Policy (BRP) product for the construction industry. Coventry is the countrywide exclusive underwriter and will distribute the product through preferred surplus lines brokers. The …

ProSight Specialty Launches “Pay as you Build” Builders Reporting Policy

ProSight Specialty Insurance, a global insurance group in the construction industry, has launched a new product that will provide residential and commercial contractors with additional cash flow through a “payas you build” feature with a low deposit premium called Builders …

Ohio Court: Builders Must Construct Homes in ‘Workmanlike Manner’

Ohio’s high court has held that home builders have a duty imposed by law to construct a home “in a workmanlike manner using ordinary care,” despite the wording of any warranty document. The Supreme Court of Ohio held unanimously that …

Builder Agent Network Expands Program for Texas Construction Industry

Builder Agent Network has launched a product for home building and contractor markets in Texas. The company, which functions as the managing general agency for Builders Insurance Group’s Texas products, will start offering umbrella/excess liability for this segment. The policy …

Murray Oversees Additional Territories

Irvine, California, September 2011 – The Insco Dico Group announced that Steve Murray, Regional Vice President, now oversees a significant portion of their nationwide branch network. In addition the offices under his current management; St. Petersburg, Atlanta, Charleston, Baltimore and …