Latest Construction Headlines
All the headlines from our Construction Topic Page, ordered by recency.
People Moves: BMS Australia Hires Gallagher’s Van Dugteren, Aon’s McKenzie; elseco’s Warren to Oneglobal; Miller Appoints WTW’s Goreham to Lead Construction
Sep 14 2021 // This edition of International People Moves details appointments at three brokers: BMS, Oneglobal Broking and Miller. A summary of these new hires follows. BMS Australia Names Gallagher’s Van Dugteren, Aon’s...
People Moves: InsureGood Hires Taylor, Berkley Construction Professional Hires Baez
Sep 9 2021 // Connecticut’s InsureGood Hires Taylor as Vice President of Business Development Hartford, Connecticut, insurance and risk management consulting firm InsureGood hired Carrie Taylor as vice president of business...
People Moves: C3 in California Launches Construction Division with Heidemann, Hallett, Porlas, Shea
Aug 31 2021 // C3 Risk & Insurance Services in San Diego, Calif. hired four insurance industry veterans to establish new construction and surety divisions. The new team members to the construction and surety divisions are: Paul...
People Moves: Chubb’s Kocsondy Joins Beazley Cyber; Ames & Gough Adds Martin; WTW’s Kinzer Moves to Zurich Construction; AXA XL Adds 4 to Pollution Team
Aug 17 2021 // Beazley Appoints Chubb’s Kocsondy as U.S. Cyber & Tech Chief Specialist insurer Beazley has appointed Patricia Kocsondy as head of U.S. Cyber & Tech. Kocsondy, an experienced cyber underwriter and manager,...
Red Flags on Insurance for Green Building Products
Jul 19 2021 // While “greener” buildings are important to reducing global carbon emissions, the buildings offer much more than that. Green buildings bring people together in natural common areas, foster positive impacts of...
Palomar, PURE to Offer High-Value Residential E&S Construction Program
Jul 1 2021 // Palomar Holdings Inc. announced a new partnership with PURE Programs to offer owners of high value homes undergoing complex construction projects a new specialized excess and surplus (E&S) lines insurance and risk...
How Agents Can Help Construction Clients Prepare for Post-Pandemic Growth
Jun 21 2021 // Nearly a decade of continuous construction industry growth was halted in 2020 as the industry battled direct and collateral effects from COVID-19. According to Nationwide’s recent Agent Authority research,...
Construction Industry Hammers Away Amid Labor Woes, Rising Costs, Delays, Tough Insurance Market
Jun 21 2021 // It is not the best of times for the construction industry and its insurers. But neither is it the worst of times. The construction industry continues to face labor shortages, rising costs, supply chain woes and lingering...
Mass. Construction Company Owner Charged with Payroll, Workers’ Comp Fraud
Jun 15 2021 // The owner of a Revere, Massachusetts, construction company was sentenced on June 10, 2021, on charges of engaging in an under-the-table payroll fraud scheme that defrauded the government of more than $500,000 and insurance...
Construction-Oriented CPA Plays Key Role for Contractors
Jun 8 2021 // This post is part of a series sponsored by Old Republic Surety. If you’re an independent agent with construction contractor clients, here’s an article to share with them about accounting best practices. When...
Worker Falls to Death at Queens Building Under Construction
May 25 2021 // A worker fell to his death from a scaffold at a building under construction in Queens, officials said. Diego Lliguicota, 32, fell from a scaffold at 9:30 a.m. Saturday as he was trying to remove a ladder on the sixth floor...
Florida Construction Co. Owner Arrested for Evading Payment of Workers’ Comp Premium
May 21 2021 // The owner of a Florida construction business has been arrested for allegedly concealing payroll information to avoid paying more than $718,000 in workers’ compensation premiums, according to a statement from the...
Explosion Damages New Hampshire House Under Construction, Worker Burned
May 19 2021 // An explosion happened at an Amherst house that was under construction, causing a contractor to suffer burn injuries to his arms, New Hampshire fire investigators said Friday. Firefighters responded to the house near...
Construction Firm Grupo Carso Faces Probe After Collapse of Mexico City Railway Line
May 19 2021 // MEXICO CITY – Mexican billionaire Carlos Slim’s construction arm Grupo Carso faces scrutiny from accident investigators for the possible role it played in the building of a metro railway line that collapsed this...
Miami Construction Co. Owner Arrested in $88K Workers’ Comp Fraud Scheme
May 11 2021 // A construction company owner was arrested in Florida this month for workers’ compensation premium fraud and grand theft for allegedly concealing payroll information to avoid paying more than $88,000 in workers’...
Construction Firms Face Soaring Lumber Prices
Apr 26 2021 // Skyrocketing lumber prices threaten to thwart the momentum of the U.S. housing market, which for months has been one of the brightest stars of the recovery from the pandemic recession. At the onset of the health crisis,...
How Agents Can Help Construction Businesses Get Back on Track
Apr 26 2021 // Construction business owners experienced declines in their revenues, project completions, new bids and workforce, as the pandemic took hold in 2020. In fact, 7-in-10 construction business owners were negatively affected by...
People Moves: Chubb Appoints Execs in Construction, A&H; Hippo Adds to Legal & Compliance; Alleyne Named Chief Legal Officer at Munich Re US
Apr 16 2021 // Chubb has appointed Lyndsey Christofer as executive vice president, Construction Industry Practice Leader for its large account segment. In this capacity, she will oversee a team of construction underwriting and service...
Pennsylvania Construction Firm Accused of Stealing $20M from Workers
Apr 12 2021 // A major Pennsylvania construction contractor was charged Thursday with stealing tens of millions of dollars from its own workers by systematically violating state and federal prevailing wage laws on taxpayer-funded public...
Louisiana Construction Firm, Feds Reach Settlement in Whistleblower Case
Apr 7 2021 // A Louisiana-based construction and hauling firm and the U.S. Department of Labor in late March reached a settlement in a whistleblower/retaliation case. Labor officials had filed administrative orders against D.G....
