Construction and Contractors News

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  …

Schinnerer Introduces Residential Builders’ Risk Program

Underwriting manager Victor O. Schinnerer & Co. has launched a new residential builders’ risk program. Schinnerer will serve as a program access point for retail agents and brokers. The inland marine line of coverage, offered on admitted paper through Arch …

Missouri Law Bars Contractors from Paying Deductibles on Commercial Property

Missouri lawmakers have given final approval to legislation that supporters say is aimed at protecting commercial property. A 2011 Missouri law bars residential contractors who fix roofs or complete other exterior repairs on homes from offering to pay insurance deductibles …

ACE, ESIS Launch Programs for Construction Industry Addressing OSHA

ACE has launched specialized servicing capabilities designed for the construction industry through ESIS, Inc., a risk management services company owned by ACE Group. These services are available for general contractors, construction managers, trade contractors, and developers for both new construction …

Berkshire Hathaway Specialty Launches Consolidated Endorsement for Contractors

Berkshire Hathaway Specialty Insurance (BHSI) has introduced a consolidated insurance endorsement which combines numerous primary general liability coverage enhancements in a single product designed expressly for construction wrap ups and project-specific programs. The new endorsement allows for a clear-cut description …