Construction News

Ironshore Names Owen as Senior Vice President of Global Property Energy

Bermuda-based Ironshore has named Daniel Owen as senior vice president of the Global Property Energy division, effective immediately. Owen, who joined Ironshore in 2011, is currently senior vice president of Global Property Builder’s Risk business lines and will continue in …

Construction Lawsuit Liability Bill Defeated In Colorado House

A long-awaited bill to make it harder to sue Colorado homebuilders for defective construction has failed in the Colorado legislature. The bill was rejected Tuesday by a House committee controlled by Democrats. The measure would have revised procedures for construction …

Global Alliance Founder Wins License to Operate Mozambique Insurer

The Mozambican unit of a company set up by Global Alliance Group founder Robert Lewis has won a license to become the southern African nation’s 17th insurer. ICE Seguros, part of London-based International Commercial & Engineering Holdings, will provide insurance services …

Alliant Adds Staff to Florida-Based Construction Services Group

Alliant Insurance Services, a nationwide specialty insurance brokerage firm, has added Charlotte Smith-Wilkes to its Construction Services Group as senior vice president/wrap-up director to lead the expansion of its Wrap-Up Division in the southern United States with an emphasis on Georgia, …

Barney & Barney Opens Another Northern California Office

Barney & Barney announced the opening of a Walnut Creek, Calif. office to serve its growing number of clients in the East Bay. The office is in downtown Walnut Creek and will accommodate more than 70 Barney & Barney employees in the East Bay. …

XL Group Adds Fleet Safety Service to Construction Insurance

As nearly half of all construction fatalities involve a vehicle, XL Group North America Construction has added fleet safety training services to its construction insurance business in collaboration with Issaquah, Washington-based SWERVE Fleet Training. Contractors face significant vehicle risks both …

Aon Web Tool Aids Contractors Working in Multiple States

The Construction Services Group of Aon Risk Solutions has a new web-based tool to help clients navigate the risk challenges of pursuing work in multiple geographies. The Construction Risk Portal is a single website that currently houses two applications. The …

XL Group Offers Pre-qualification Service for Subcontractor Default Insureds

XL Group’s North America Construction team has added a new pre-qualification benchmarking service for Subcontractor Default Insurance (SDI) clients to make sure contractors have the right process in place to select subcontractors wisely. Pre-qualification of subcontractors is an important risk …

ACE Rolls Out Online Platform for Construction Industry

ACE Group announced that it is now providing insurance brokers, contractors and construction industry clients with access to its ACE Worldview online platform, an enhancement to traditional insurance policy management within the construction industry. ACE Worldview, which was first introduced …

U.S. Home Construction Jumps 15.7% in July

U.S. home construction rebounded in July, rising to the fastest pace in eight months and offering hope that housing has regained momentum after two months of declines. Construction increased 15.7 percent in July to a seasonally adjusted annual rate of …