Construction and Contractors News

Oregon PGE Sues Backers of Construction Bond for $180M over Shoddy Work

A Portland, Ore.-based electricity provider that fired the contractor building its natural gas plant in Boardman is suing the backers of a bond guaranteeing construction. The East Oregonian reported Portland General Electric filed the lawsuit March 23 against Liberty Mutual …

Travelers Enhances Contractors Professional, Pollution Liability Coverage

Travelers has enhanced its product offering for contractors by combining professional liability and pollution liability coverages. The product now offers additional protection against environmental damage caused by design errors. According to Adrienne Atwell, chief underwriting officer for Travelers Environmental & …

BHSI Launches Professional & Pollution Liability Coverage for Contractors

Berkshire Hathaway Specialty Insurance (BHSI) has launched Contractor’s Protective, Professional and Pollution (CP3) Liability Policy, which is available on a primary and excess basis for practice or project-specific risks in the U.S. Martin Andrejko, head of Contractors Professional, BHSI, said …

ESIS Releases Mobile Response Tool for Construction Claims

To assist clients in the aftermath of a construction accident, ESIS, Inc., a risk management services company and member of ACE Group – has introduced ESIS On Call for Construction, a proprietary response tool for severe workers compensation or complex automobile and general …

PartnerOne Launches Contractors Pollution & Professional Product

PartnerOne Environmental is working in partnership with Berkley Environmental, a Division of Berkley Specialty Underwriting Managers, to offer PartnerOne Contractors Pollution & Professional. This product is a combined CPL and professional liability policy that is tailored to address the risk …

BHSI Launches Homebuilders Liability Coverage

Berkshire Hathaway Specialty Insurance (BHSI) has expanded its construction-focused capabilities with the introduction of the Homebuilders Liability Insurance Policy, which extends flexible protection for tract homebuilders nationwide. Bill Sullivan, vice president, head of Construction Casualty for BHSI, said its proprietary …

Ascinsure Specialty Risk to Offer All-Lines Crane, Scaffold Programs

Ascinsure Specialty Risk LLC is now offering two new, all-lines programs designed specifically for the crane and scaffold industries. Ascinsure has been a program underwriting manager and wholesaler within the crane and scaffold industries for over 25 years. The products …

Ironshore Launches Project-Specific Endorsements for Construction Segment

Ironshore Specialty Casualty’s Construction unit has introduced endorsements for construction projects tailored to meet the liability needs of sophisticated market participants. Ironshore’s new endorsements are available for wrap (OCIP and CCIP), project specific and owner’s interest developments, providing coverage options …

Allied Insurance Brokers, ProSight Launch Program for Crane Industry

Allied Insurance Brokers has partnered with ProSight Specialty Insurance to offer an all-lines insurance program specifically tailored for the crane industry. The program includes risk management tools, loss control options, and specialty claims management services. This coverage is available nationwide …

ProSight Specialty, Allied Insurance Brokers Launch Scaffold Insurance Program

ProSight Specialty Insurance has partnered with Allied Insurance Brokers to offer coverage for the scaffolding industry. According to The Occupational Safety and Health Administration (OSHA) it is estimated that 65 percent of construction workers spend some time working on scaffolds, …