construction insurance News

London-Based Brit Opens Singapore Office, Operating via Lloyd’s Platform

Brit Ltd., the London-based specialty insurer, has opened an office in Singapore, which will begin operations on March 1 via the Lloyd’s Singapore platform. Brit has received approval to begin underwriting from both Lloyd’s and the Monetary Authority of Singapore …

BHSI Enters Australia Construction Insurance Market; Appoints Team Execs

Berkshire Hathaway Specialty Insurance Company (BHSI) announced it is providing comprehensive insurance and services for the construction industry in Australia and named a team of executives to oversee key areas of its construction business. BHSI said it is offering construction …

Marsh Names Aon’s Marino to Head U.S. Construction Practice

Insurance broker Marsh said David Marino has joined the firm to lead its U.S. Construction Practice, Marino brings to Marsh 20 years of insurance and construction industry experience. He joins the firm from Aon, where he previously served as regional …

Hot Insurance Markets for 2015

This year’s “Hot Markets” report for property/casualty insurance agents and brokers includes some not-so-usual suspects along with tried-and-true markets enjoying growth. Insurance Journal examined industries experiencing recent change and expansion. Here are the top market sectors that promise opportunities for …

Mullis Newby Hurst Adds Reed as Account Executive

Texas-based Mullis Newby Hurst LP, which specializes in construction insurance and surety bonds in the Southwest, recently hired Doug Reed as an account executive. Previously Reed was director of business development for Chem Can Services LLC and a financial representative …

Mullis Newby Hurst Opens Office in San Antonio

Dallas-based Mullis Newby Hurst LP (MNH), one of the largest writers of construction insurance and surety bonds in the Southwest, has hired David Layman to expand to San Antonio. Layman has served as head of contract surety underwriting for NAS Surety …

Insurance Noodle Launches Integrated Small Contractors Facility

Insurance Noodle has launched an integrated property and casualty facility for small contractors, bringing together several major carriers via a single access point. The program was designed to help agents working with contractors, such as handymen, landscapers and installers in  …

Berkshire Hathaway Specialty Jumps Into Surety with Zurich’s Delisio

Continuing with its rapid expansion, Berkshire Hathaway Specialty Insurance is moving into the surety market, focusing on contract surety business. The company has appointed Geoff Delisio as senior vice president of surety, reporting to David Bresnahan, executive vice president for …

Pioneer Programs Adds Excess Liability to Contractors’ Choice Program

Pioneer Programs Insurance Solutions has expanded its specialty program, Contractor’s Choice, to now include excess liability. According to Carole Fleischman, managing director of Pioneer Programs, it can now offer the following form general liability excess product on its current contractors’ …

Settlement Reached in Deadly NYC Crane Accident; Insurer Agrees to Pay $1M

The parents of a construction worker killed in a New York City crane accident have settled their wrongful death lawsuit for $1 million. The Daily News says Yonkers Contracting’s insurance company Liberty Mutual agreed to settle the suit filed by …