Latest Construction Headlines
All the headlines from our Construction Topic Page, ordered by recency.
Non-Compete Agreements and Poaching Take Spotlight in Aon – Alliant Lawsuit
Apr 3 2017 // A legal battle between two insurance brokerages over whether a former employee violated noncompete agreements and poached numerous employees is not over yet, but the brokerage bringing the charges has scored key early...
Pennsylvania Construction Worker Crushed by Safe Deposit Box
Mar 29 2017 // Authorities in suburban Philadelphia, Penn., say a construction worker was crushed to death by a safety deposit box. Cheltenham Township police say the incident happened at an old Wells Fargo in the Cheltenham Mall around...
Bill Requiring Insurance Discounts for Resilient Homes Passes Oklahoma House
Mar 23 2017 // A bill that would require a homeowner’s insurance company to factor into the insurance premium the more resilient construction if the homeowner retrofits or builds a new home to certain specified standards has passed...
BLS Report Finds New Jersey Fatal Work Injuries Increased in 2015
Mar 23 2017 // The U.S. Bureau of Labor Statistics (BLS) reported in March that fatal work injuries totaled 97 in New Jersey for the year 2015, a 10 percent increase from the previous year, according to Chief Regional Economist Martin...
Neon Launches Marine & Offshore Construction Consortium
Mar 23 2017 // Specialist Lloyd’s underwriter Neon has launched a Marine and Offshore Construction Consortium. Seeking to address the increasingly tailored insurance needs of shipyard clients, the Neon led-consortium offers $70...
Aon Gains Upper Hand in Non-Compete and Poaching Lawsuit vs. Alliant
Mar 22 2017 // A legal battle between two insurance brokerages over whether a former employee violated non-compete agreements and poached numerous employees is not over yet but the brokerage bringing the charges has scored key early...
Ironshore Specialty Adds M&A Transition Coverage for Construction Risks
Mar 20 2017 // Ironshore Specialty Casualty has enhanced its transition protection policy form to address contractual exposures related to an organizational merger or acquisition specific to the construction industry. Ironshore’s...
Steamin’ Hot Markets: Cyber, Sharing Economy, Active Shooter, Construction, Mergers and More
Mar 20 2017 // Cyber Sharing Economy, Active Shooter, Construction, Mergers and More Insurance Journal examined industries experiencing changes, challenges, expansions and growth in the past year. For 2017, experts predict the U.S....
Report Finds New York Construction Fatalities, Regulatory Violations Rising
Mar 6 2017 // The New York Committee for Occupational Safety and Health (NYCOSH) found in its latest construction fatality report that construction worker deaths are rising in New York, and many construction employers across the state...
New Bill Grants Bonding Assistance to Small Businesses in New Jersey
Mar 6 2017 // A recently passed bipartisan bill in New Jersey has brought good news to small businesses that want to participate on public construction projects. Senate Bill 123, signed by Gov. Chris Christie on Jan. 4, introduces a new...
Homeowners in South Carolina Awarded $7M in Faulty Construction Lawsuit
Feb 16 2017 // A townhome community in Mount Pleasant, S.C., has won a $7 million verdict against an Atlanta builder for what the townhome owners said was inferior work. The Post and Courier of Charleston reported a jury returned the...
Washington Construction Firm Fined More than $200K for Safety Violations
Feb 9 2017 // A Puyallup, Wash. construction company faces a large fine for numerous repeated safety violations that exposed workers to potential falls and other hazards at a residential construction site in Olympia, according to the...
A Look at Smart Buildings and Construction Risks
Feb 3 2017 // With “smart” building becoming the gold standard in today’s commercial construction world, builders, building owners, workers and insurers are dealing with new technologies and risks. These smart...
Alliant Insurance Services Names Moody as SVP in Georgia Office
Feb 3 2017 // Alliant Insurance Services, a nationwide specialty insurance brokerage firm, has added Griff Moody to its Construction Services Group as senior vice president. Moody will provide insurance and surety risk advisory services...
Who Will Foot the Bill for San Francisco’s $750M Millennium Tower?
Feb 2 2017 // Nina Agabian, a retired director of research in global health science at the University of California, bought a 29th-floor apartment in San Francisco’s Millennium Tower in 2010. “It was supposed to be a...
Gnarly Oregon Winter Puts Breaks on Bend Construction Boom
Feb 1 2017 // Central Oregon’s historic cold temperatures and record snowfalls this winter are hurting Bend’s booming construction sector. The Bulletin newspaper reported Sunday that many building projects – from...
JLT Acquires Majority Stake in Construction Risk Partners
Jan 30 2017 // Jardine Lloyd Thompson Group plc (JLT), a provider of insurance, reinsurance and employee benefits related advice, brokerage and associated services, has acquired a majority stake in Construction Risk Partners LLC (CRP), a...
New Bill Grants Bonding Assistance to Small Businesses in New Jersey
Jan 25 2017 // A recently passed bipartisan bill in New Jersey has brought good news to small businesses that want to participate on public construction projects. Senate Bill 123, signed by Governor Chris Christie on January 4,...
Zurich North America Names Leaders of Realigned Commercial Divisions
Jan 25 2017 // Zurich North America has announced the name of its new North America Commercial Insurance unit and leadership team. This new unit brings together the former Commercial Markets and the former Global Corporate in North...
Chubb Taps Allied World’s Müller as Property & Technical Lines Director, Europe
Jan 25 2017 // Chubb has appointed Alf Müller to the role of Property and Technical Lines director for Continental Europe, as it continues to evolve its client offering in the property, power generation (powergen) and construction...
