Latest Construction Headlines
All the headlines from our Construction Topic Page, ordered by recency.
People Moves: RT Specialty’s Environmental & Construction Professional Practice Promotes Six
May 8 2024 // Hannah Altomare RT Specialty made six promotions to leadership roles in its environmental & construction professional practice. Hannah Altomare was promoted to consultant. Altomare joined RT ECP six years ago. She...
Runaway Steel Drum From Construction Site Kills Woman
May 7 2024 // A steel drum weighing thousands of pounds somehow rolled out of a construction site in Pittsburgh and eventually struck and killed a woman who was walking on a nearby sidewalk, police said. The accident occurred around...
Why a Focus on Safety Matters: Experts Share the Value of Proactive, Updated Construction Safety Practices
May 6 2024 // When construction accidents happen in the United States, the worker often takes the blame. Companies often ask: “What did the worker do wrong?” according to safety expert TJ Lyons. Lyons believes a better...
5 Ways to Prevent Water Damage in Buildings Under Construction
May 1 2024 // This post is part of a series sponsored by IAT Insurance Group. Water damage stands as a persistent threat to buildings under construction, ranking as one of the leading causes of property loss worldwide. In the U.S....
3 Construction Workers Killed Doing Overnight Sealing on I-83, Police Say
Apr 18 2024 // LEWISBERRY, Pa. (AP) — Three construction workers on a maintenance project along a Pennsylvania interstate were struck and killed by a truck early Wednesday, state police said. Investigators said a 24-year-old man was...
Fourth Construction Worker Recovered From Site of Baltimore Bridge Tragedy
Apr 15 2024 // The body of a fourth victim of the collapse of the Francis Scott Key Bridge in Baltimore has been recovered. The body of the deceased construction worker was transported to the chief medical examiner and positively...
People Moves: Leif Assurance Hires Sanfilippo as Construction Risk Advisor
Apr 10 2024 // Leif Assurance, headquartered in St. Louis, hired Vincent Sanfilippo as a Construction Risk Advisor. Sanfilippo has more than 15 years of experience in insurance and construction. He most recently served as operations...
Construction-Focused MGA, Phoenix Specialty, Launches With Capacity From AXA UK
Apr 9 2024 // Acies MGU, the London-based managing general underwriter and MGA incubator, announced the launch of Phoenix Specialty, a specialist MGA serving the construction sector. Phoenix will be led by managing director Tim James,...
Construction Workers Had Little Warning as Baltimore Bridge Collapsed. Why?
Apr 5 2024 // In the moments before the cargo ship Dali rammed into the Francis Scott Key Bridge and sent it crumbling into the water, a flurry of urgent warnings crackled over radios and enabled police to block traffic from getting on...
3 Key Trends Impacting Construction Contractor Liability in 2024
Mar 7 2024 // This post is part of a series sponsored by IAT Insurance Group. The construction industry faces a new set of challenges each year, and 2024 is no exception. Although 2023 saw a 19.7% surge[1] in spending for nonresidential...
Construction Insurtech Shepherd in California Raises $13.5M in Series A Funding
Mar 4 2024 // San Francisco, California-based insurtech Shepherd announced it raised a $13.5 million Series A funding round led by Costanoa Ventures with participation from Intact Ventures, Era Ventures, Greenlight Re and Spark...
What Does ADR Mean for Workers’ Compensation Programs On Construction Sites?
Feb 19 2024 // Workers’ compensation insurance is one of the costliest aspects of a construction project that carriers, construction managers, and businesses face. According to Insureon, construction carries the highest...
Illinois Construction Contractor Fined $264K for Safety Violations
Feb 15 2024 // An Illinois construction contractor – with a history of ignoring federal safety regulations – has again been found exposing workers to deadly fall hazards on a jobsite in Naperville. Inspectors with the U.S. Department...
Commercial Real Estate Trouble Evident in Fading Downtown Construction
Feb 14 2024 // When Rahm Emanuel ran Chicago and wanted to boast about the health of the city, the then-mayor pointed to the number of construction cranes across the skyline — 60 at the end of 2017. Almost five years after he left...
Construction Insurtech Shepherd in California Raises $13.5M in Series A Funding
Feb 9 2024 // San Francisco, California-based insurtech Shepherd announced it raised a $13.5 million Series A funding round led by Costanoa Ventures with participation from Intact Ventures, Era Ventures, Greenlight Re and Spark...
Construction Worker Killed When Foundation of House Being Waterproofed Collapses
Feb 8 2024 // The partial collapse of a house foundation was the apparent cause of the death of a 51-year old construction worker in Hanson, Massachusetts on Wednesday morning. The worker, Gerceir Osvaldo DeFaria, was pronounced dead on...
West Virginia Construction Firm to Buy Bankrupt College Campus
Feb 2 2024 // CLARKSBURG, W.Va. (AP) — A federal bankruptcy judge on Wednesday approved the sale of a defunct private university’s campus to the owner of a West Virginia construction firm for $5 million. Craig G. Phillips, owner...
Construction Industry Outlook 2024: 7 Key Emerging and Continuing Trends
Jan 25 2024 // This post is part of a series sponsored by IAT Insurance Group. As construction industry professionals gear up for 2024, they are faced with a landscape marked by potential challenges, much like the preceding year....
A Woman’s Place Is in the Construction Insurance Space
Jan 22 2024 // As workplace barriers for minority groups have been challenged, diversity has improved in traditionally male-dominated professions. While it’s encouraging to see the work being done to attract and promote women in...
People Moves: WTW Names Buganski Head of Personal Lines, CRB; Cueman New AXIS Head of Construction; Wargin Joins Dyad; Markel’s Houser Picked for IICF Board
Jan 11 2024 // WTW Names Buganski Head of Personal Lines, CRB NA WTW, headquartered in Arlington, Va., appointed Despina Buganski as head of personal lines, corporate risk and broking, North America (CRB NA). With more than 30 years of...
