Construction and Contractors News

New Construction Coverage From Liberty Mutual, Ironshore Targets Integrated Projects

Liberty Mutual and Ironshore’s dedicated construction practices have introduced an Integrated Primary Wrap Up/Project Specific program offering general liability (GL) and professional liability (PL) protection for medium and large construction projects developed through design-build or integrated project delivery (IPD). Workers’ …

SIS Wholesale Insurance Services Launches Online Inland Marine Program

Safebuilt Insurance Services, Inc. dba SIS Wholesale Insurance Services, a national commercial lines insurance program administrator, has launched a new online inland marine contractors’ equipment program. The program includes coverage for miscellaneous tools and equipment; scheduled light, medium, and heavy …

Everest Insurance Releases New Builders Risk Policy Forms

Everest Insurance has expanded their construction builders risk offering with the launch of a suite of new builders risk policy forms. These forms offer commercial builders risk coverage products targeting project specific builders risk, master builders risk, specified perils, and …

Pioneer Special Risk to Offer CPL Coverage Expansion For Specialty Contractors

Pioneer Special Risk has launched a new optional coverage expansion for specialty contractors that offers them the option of including incidental contractors pollution coverage, traditionally required as part of their client’s contractual terms, within the specialty contractor’s primary CGL policy. …

Experts Warn of Long Waits for Post-Hurricane Home Repairs

There will be plenty of large-scale reconstruction to do in the wake of Hurricane Matthew, which has been blamed for dozens of deaths since it made its first U.S. landfall Friday and is still causing catastrophic flooding throughout eastern North …

CompWest to Offer Workers’ Comp to Artisan Contractors in California, Utah

CompWest Insurance has launched workers’ compensation insurance for artisan contractors in California and Utah. The program targets artisan construction operations with annual premiums between $25,000 and $250,000 in California and $15,000 to $150,000 in Utah. CompWest provides workers’ compensation insurance …

General Star Adds Artisan Contractor Coverage in Select States

General Star Management Company has added artisan contractor coverage to its delegated authority product offerings. Consisting of 25 artisan contracting classes, the new coverage will be available in Maine, Massachusetts, New Hampshire, New Jersey, Oklahoma and Vermont. This primary CGL …

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 …