Construction News

California Bill Would Require Disclosure of Construction Settlements

Construction companies will have to disclose building defects such as those that could have contributed to a deadly balcony collapse in Berkeley under a state legislative proposal . The bill by two Northern California state lawmakers would require construction companies …

W.R. Berkley Forms Construction Professional Liability Unit; Bustamante to Head

W. R. Berkley Corp. announced the creation of Berkley Construction Professional Liability Underwriters to provide professional liability, pollution liability and protective coverages for contractors and project owners across all forms of non-environmental construction. Products will be available on both a …

Nautilus Expands Contractors Program, Reduces Rates

Nautilus Insurance, a W. R. Berkley Co., has enhanced its general liability product offering for contractors, while also expanding product availability to all states except Colorado and New York. Nautilus Insurance writes on behalf of Nautilus Insurance Co. and Great …

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 …