Latest Construction Headlines
All the headlines from our Construction Topic Page, ordered by recency.
ACE Rolls Out Online Platform for Construction Industry
Nov 3 2014 // ACE Group announced that it is now providing insurance brokers, contractors and construction industry clients with access to its ACE Worldview online platform, an enhancement to traditional insurance policy management...
Three Trends to Watch for in Architects & Engineers Coverage
Nov 3 2014 // Architects and engineers are high-risk professions. A small error within their designs can potentially lead to construction delays, significant losses and an array of other costly lawsuits. Purchasing professional...
Mississippi’s Leflore County Adopts New Statewide Building Code
Oct 31 2014 // The Leflore County Board of Supervisors has adopted the 2012 International Building Code, which means new construction will have to adhere to a set of uniform standards. Under a new state law, Mississippi counties have a...
Kansas Contractors Struggle to Find Skilled Workers
Oct 24 2014 // A survey finds that many Kansas contractors are having trouble filling skilled jobs in the construction industry. Ninety percent of the 20 Kansas firms that responded to an Associated General Contractors survey said...
Connecticut Construction Company Faces OSHA Fines
Oct 10 2014 // Federal workplace safety regulators say a Manchester, Connecticut-based construction company faces fines of more than $100,000 for a series of violations of workplace safety and health standards. The Occupational Safety...
How to Handle Market Transition in Builder’s Risk Insurance
Oct 6 2014 // Just as the construction industry’s multifamily sector grows post-recession – creating a spike in retailer brokers’ demand for builder’s risk insurance – massive fires at construction sites have...
Alabama’s Lessons from Hurricane Ivan at 10th Anniversary
Oct 6 2014 // Last month marked the 10th anniversary of Hurricane Ivan, one of the costliest tropical storms to ever hit the U.S. Ivan came ashore near Gulf Shores, Alabama, on Sept. 16, 2004, as a Category 3 storm. The storm also...
Texas Construction Company Owners Sentenced for Workers’ Comp Fraud
Sep 25 2014 // Texas Mutual Insurance Co. reported that a Travis County district court sentenced Anthony Stokes and Mario Williams of Little Elm, Texas, for workers’ compensation fraud-related charges. Stokes and Williams were...
Helping Clients Through Home Renovations
Sep 22 2014 // Home renovations are in high gear these days, thanks to low interest rates on second mortgages and bank loans. But, the construction process itself is typically fraught with anxiety, given longer-than-expected timeframes...
Fatal Occupational Injuries Decrease by 8% in Texas in 2013
Sep 22 2014 // In 2013, there were 493 fatal occupational injuries in Texas, an 8 percent decrease from 536 in 2012, the Texas Department of Insurance reported. The figures are based on preliminary data released release by the U.S....
Building Stronger, Other Lessons from Hurricane Ivan at 10th Anniversary
Sep 18 2014 // This week marks the 10th anniversary of Hurricane Ivan, one of the costliest tropical storms to ever hit the U.S. Ivan came ashore near Gulf Shores, Alabama, on Sept. 16, 2004, as a Category 3 storm. The storm also...
Hull to Head Surety for Willis
Sep 16 2014 // Global insurance and reinsurance broker Willis Group Holdings has appointed Scott Hull as executive vice president and head of Surety. Hull will be responsible for directing surety operations across Willis’ platform,...
Texas Sees Decrease in Fatal Occupational Injuries in 2013
Sep 11 2014 // In 2013, there were 493 fatal occupational injuries in Texas, an 8 percent decrease from 536 in 2012, the Texas Department of Insurance reported. The figures are based on preliminary data released release by the U.S....
Report: 1-in-6 Construction Workers in California Part of ‘Informal Economy’
Sep 8 2014 // A report by the nonprofit research group Economic Roundtable released over the Labor Day holiday found that one-in-six construction workers in California fell into the state’s “informal economy,” costing...
Surplus Carriers Search for Growth Never Ends
Sep 8 2014 // In 2013, net income more than doubled from the $1.57 billion reported in 2012, according to the “2013 U.S. Surplus Lines Market Review” published by A.M. Best. Not resting on their laurels, surplus lines...
Marsh Canada Acquires Montreal-based Kocisko Insurance Brokers
Sep 4 2014 // Marsh Canada announced the acquisition of Kocisko Insurance Brokers Inc., a full-service commercial insurance brokerage based in Montreal, Quebec. Terms of the transaction were not disclosed. “Kocisko focuses on...
Report: 1-in-6 Construction Workers in California Part of ‘Informal Economy’
Sep 2 2014 // A report by the nonprofit research group Economic Roundtable released over the Labor Day holiday found that one-in-six construction workers in California fell into the state’s “informal economy,” an...
Louisiana’s Homeowners Market Stronger 9 Years after Katrina
Aug 29 2014 // Louisiana’s property insurance market is vastly improved nine years after Hurricane Katrina devastated the state on Aug. 29, 2005, largely due to the implementation of statewide building codes and strategies that...
Beattie to Head Miller’s Expanded Asia Construction Offering
Aug 29 2014 // UK-based broker Miller Insurance Services LLP announced that it has “implemented plans to grow its Asia construction book with the appointment of producer Paul Beattie as Head of Construction, Asia.” Beattie...
U.S. Home Construction Jumps 15.7% in July
Aug 27 2014 // U.S. home construction rebounded in July, rising to the fastest pace in eight months and offering hope that housing has regained momentum after two months of declines. Construction increased 15.7 percent in July to a...
