Construction and Contractors News

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, …

AIG Launches Risk Management Service for Builders of Luxury Homes

AIG Private Client Group, a division of American International Group, Inc., has introduced a risk management and mitigation service for residential construction projects with budgets of $5 million or more. As part of its Smart Build offering, AIG risk experts …

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 …

NBIS Adds Workers’ Comp Coverage for Heavy Construction Industries

NationsBuilders Insurance Services, Inc. (NBIS), a provider of specialty construction insurance and a portfolio company of SunTx Capital Partners, has added workers’ compensation coverage from an A+ A.M. Best rated carrier for heavy construction industries. Workers’ compensation coverage is offered …

The Hanover Enhances Builders Risk Coverage

The Hanover Insurance Group, Inc. has enhanced its Hanover Builders Risk insurance coverage forms to offer more flexible, comprehensive coverages that better meet the needs of construction businesses nationwide. Hanover Builders Risk forms can be used for a variety of …

USI Insurance Services Launches Builder’s Risk Program

USI Insurance Services has launched a new builder’s risk program that provides broader coverage for all project types and sizes, with capacity for frame and renovation projects, including catastrophic perils. This is designed to be an alternative for owners and …

Atlas General Launches New Inland Marine Program

Atlas General Insurance Services, LLC, a national multi-line program manager, has added a new inland marine program to its Commercial Division product offerings. The program will provide builders’ risk coverage for frame projects up to $5 million and up to …

Most Popular Insurance Journal Midwest Stories of 2014

The most popular InsuranceJournal.com news stories in the Midwest ranged from groundbreaking lawsuits to research into making people safer from storms. With an understanding that stories appearing later in the year have less time to rise to the top of …

Agent Steals More Than $100K From California Businesses

Isidro Santillan, 53, of Pacoima, Calif., has been arrested and charged with 13 counts of grand theft and three counts of commercial burglary. Santillan allegedly stole more than $100,000 by selling insurance policies and bonds to licensed contractors and not …

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  …