June 20, 2023
Federal officials report they have charged two construction company owners with submitting fraudulent bonds in connection with storm recovery and reconstruction projects in New York. Rawinder Dhillon and Amninder Singh allegedly defrauded the New York State Governor’s Office of Storm …
May 9, 2023
Manhattan District Attorney Alvin Bragg, Jr. announced two indictments of a certified public accountant for defrauding the New York State Insurance Fund (NYSIF) of more than $10 million in workers’ compensation insurance premium payments. Accountant Steve Lyon was charged with …
May 3, 2022
A new study by Travelers of workers compensation claims found that 35% of injuries occur during employees’ first year on the job, regardless of age or industry experience. “Our data underscores the importance of comprehensive onboarding and training programs for …
September 17, 2020
NBIS, a provider of specialty construction insurance and risk management will now offer coverage for the specialized transportation/heavy haul industry through a new market parntnership with the member companies of reinsurer SCOR. The specialized transportation business is defined as open …
June 23, 2017
Norman-Spencer Agency, Inc., a national property and casualty insurance provider, has expanded its crane division with a program redesign to include additional coverages and new rates. According to Brian Norman, president of Norman-Spencer, the new program allows the company to …
March 20, 2017
Ironshore Specialty Casualty has enhanced its transition protection policy form to address contractual exposures related to an organizational merger or acquisition specific to the construction industry. Ironshore’s Construction Transition Protection product provides coverage for abrupt and accidental property damage or …