Latest Construction Headlines
All the headlines from our Construction Topic Page, ordered by recency.
NBIS Adds Workers’ Comp Coverage for Heavy Construction Industries
May 26 2015 // 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...
Willis Construction Adds Russo in New York, Johnson in Chicago
May 22 2015 // Willis North America announced two appointments to its Construction Practice. Joseph Russo has been appointed East Region Broking Leader for the National Construction team based in New York. In this newly created role,...
Texas Construction Safety Group Gets $2.1M Dividend from Insurer
May 13 2015 // Workers compensation insurer, Texas Mutual Insurance Co., recently awarded a dividend of $2,159,751 to the Texas Construction Association safety group. The dividend was earned based on the group members’ dedication...
Willis Construction Adds Marsh’s Reutter to National, Noonan to South Region
May 11 2015 // Willis North America announced two appointments to strengthen its Construction Practice. Karen Reutter has been appointed director, Construction Insurance for the Willis North America National Construction team. In this...
Indiana Governor Signs Bill Repealing Construction Minimum Wage Law
May 8 2015 // Local boards will no longer set minimum wages for public construction projects in Indiana under a law signed by Republican Gov. Mike Pence. The bill will eliminate the boards that set what is known as the common...
The Hanover Enhances Builders Risk Coverage
May 7 2015 // 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...
OSHA Rule Protects Construction Workers in Confined Spaces
May 5 2015 // The federal Occupational Safety and Health Administration (OSHA) has issued a final rule to increase protections for construction workers in confined spaces. The rule will provide construction workers with protections...
Ironshore to Raise Capacity Limits to $50M for Builder’s Risk Property Products
May 5 2015 // Bermuda-based Ironshore Inc. announced its global property division will raise capacity limits for builder’s risk products to $50 million, an increase from the current $35 million limit, effective...
Construction Lawsuit Liability Bill Defeated In Colorado House
Apr 29 2015 // A long-awaited bill to make it harder to sue Colorado homebuilders for defective construction has failed in the Colorado legislature. The bill was rejected Tuesday by a House committee controlled by Democrats. The measure...
Allied World Global Markets Appoints Geyman, AVP, Onshore Construction
Apr 24 2015 // Allied World Global Markets has appointed Toby Geyman, assistant vice president, Onshore Construction, to further develop the product line. Geyman will be responsible for underwriting major U.K. and international onshore...
Paragon Insurance Hires Roppelt to Lead Construction Division in Connecticut
Apr 21 2015 // Paragon Insurance Holdings LLC., a managing general agency based in Avon, Connecticut, hired Randy Roppelt as president of the Construction Division. Prior to joining Paragon Insurance, Roppelt was president and chief...
Hot Insurance Markets for 2015
Apr 14 2015 // This year’s “Hot Markets” report for property/casualty insurance agents and brokers includes some not-so-usual suspects along with tried-and-true markets enjoying growth. Insurance Journal examined...
Audit Rules and Guidelines – Part II
Apr 13 2015 // Part I of this two-part audit rules and guidelines article presented the section of the work comp policy making the audit possible. It also presented what remuneration was included and what was excluded for premium audit...
Buchan Joins JLT Specialty’s Construction Practice; Lu Joins Environmental
Apr 8 2015 // JLT Specialty Insurance Services Inc. has appointed William Buchan as senior vice president of its Construction Practice, which is based in San Francisco. Buchan will help lead all facets of the Construction Practice, as...
Ironshore Specialty Casualty Construction Offers Stand-Alone Crisis Event Cover
Apr 7 2015 // Bermuda-based Ironshore Specialty Casualty’s Construction unit announced that it will “offer coverage enhancements through Crisis ThreeSixty,” which it described as an “an optional policy...
Hub International Acquires Two Canadian Home Warranty Providers
Apr 6 2015 // Chicago-based Hub International Limited announced that it has acquired Progressive Home Warranty, based in Edmonton, Alberta, and Pacific Home Warranty, based in Surrey, British Columbia. The two companies provide home...
North Carolina Scaffolding Accident Leads to 3 Worker Deaths
Mar 25 2015 // Workers were dismantling a scaffold at a high-rise construction project on Monday when a piece of it fell to the ground in downtown Raleigh, N.C., killing three men and sending another to a hospital. All four men were...
Construction Firm Hit with $79.9K Fine for Excavation Hazards in Houston
Mar 24 2015 // Federal safety officials have fined SER Construction Partners Ltd. $79,900 for three safety violations at a site in Houston, Texas. SER Construction Partners Ltd. based in Pasadena, Texas, specializes in heavy civil...
Hot Markets for 2015
Mar 23 2015 // Insurance Journal examined industries experiencing changes and expansions in the past year. Here are the top market sectors that just might deliver hot opportunities for agents and brokers in the property/casualty...
Contractual Risk Transfer: The Basics
Mar 16 2015 // Upper tier contractors seek to avoid the financial costs that can arise out of bodily injury or property damage to a third party caused by a lower tier (subcontractor) for which they (the upper tier) could be held...
