Latest Construction Headlines
All the headlines from our Construction Topic Page, ordered by recency.
Cell Phone Ban in Wisconsin Construction Zones Sought
Dec 10 2013 // Drivers would be barred from talking on their cell phones while in a construction zone under a bill being circulated in the Wisconsin state Legislature. Republican Sen. Jerry Petrowski, of Marathon, emailed the bill on...
$40M Steel Sea Wall Project for Mantoloking, N.J., Could Start Next Year
Dec 3 2013 // Construction of a steel sea wall could start early next year in one of the Jersey shore towns hardest hit by Superstorm Sandy. Bob Mainberger, Mantoloking’s municipal engineer, tells the Asbury Park Press that the...
Willis Places Innovative Australian Weather Transaction for Roy Hill
Dec 3 2013 // Willis Group Holdings announced the placement of “an innovative derivative-based risk transfer solution to protect Roy Hill Holdings Pty Ltd, an emerging global mining, rail and port venture, against the threat of...
Old Republic Insurance Sues Georgia City Over Runway Construction
Dec 2 2013 // An insurance company is suing the City of Macon, claiming that a corporate jet crashed because the city improperly built the runway it landed on. The Telegraph of Macon reported that Old Republic Insurance Co. is suing the...
Construction Worker Killed In Nevada
Nov 22 2013 // Authorities say a man was killed after an accident at a construction site in south Reno, Nev. According to the Reno Fire Department, the victim was run over by a water truck Tuesday morning. He was pronounced dead at the...
XL Group, America Contractor’s Insurance Group Partner to Improve Contractor Quality
Nov 20 2013 // XL Group has partnered with the American Contractor’s Insurance Group (ACIG), construction industry owned insurance organization, to provide data and analytics for construction clients. The goal is to drive...
Construction’s Comeback
Nov 18 2013 // There’s a new norm in the construction market — a new normal when it comes to measuring growth and opportunity. Construction has made a comeback in certain market segments, said Cam Dickinson, senior vice president...
Streamline Coverage through a Controlled Insurance Program
Nov 18 2013 // Construction sites can be a flurry of activity. In addition to focusing on quality construction and completing projects on time, site owners must be sure risk management measures are sufficient. A Controlled Insurance...
New Programs, Flexibility Help Contractor Segment Rebuild
Nov 18 2013 // Those that specialize in the contractors and builders segment say a lot has changed in this class since 2007. The recession forced the insurance industry to be flexible and creative when it came to insuring this class,...
E&O Insights: What Could Go Wrong When Insuring Habitational?
Nov 4 2013 // Insuring habitational risks has generated more than its fair share of errors and omissions (E&O) claims. While there are a host of issues, consider these specific ones: valuation, ordinance or law coverage and...
Swiss Re Sees Emerging Market Construction Boosting Premiums
Oct 31 2013 // Swiss Re Ltd., the world’s second-biggest reinsurer, estimates $43 trillion in infrastructure investments related to urbanization in emerging markets through 2030 may translate into $68 billion in premiums for...
UPDATE: AIR Worldwide Reports on European Windstorm Christian
Oct 30 2013 // Catastrophe modeling firm AIR Worldwide continued its analysis of Windstorm “Christian,” which smashed into southern Britain Monday, October 28, knocking over trees, flooding lowlands, and disrupting land, sea,...
Europe Battered by Winter Storm Christian: AIR Worldwide Analysis
Oct 29 2013 // Catastrophe modeling firm AIR Worldwide reported that “winter storm ‘Christian’ (known as ‘St. Jude in the United Kingdom) battered the western shores of southern Great Britain early on Monday,...
California Construction Firm Owner, Family Sentenced for WC Fraud
Oct 22 2013 // The owner of a Northern California construction company and his family members in were convicted of committing workers’ compensation insurance premium fraud. Jeffrey Thranow, 59, owner of Costa Bella Builders was...
Green Insurance Market: Competitive and Growing
Oct 21 2013 // The green insurance market is a good market in every sense of the word. The green building industry is growing. The insurance market for green buildings — both residential and commercial property coverage — is also...
Report: Louisiana Could Have More Than 2M Jobs in 2015
Oct 18 2013 // Growth in the Lake Charles and Baton Rouge, La., areas is expected to help boost employment in Louisiana to an all-time high of more than 2 million jobs in 2015 in spite of plodding national growth, a new report...
South Carolina Eyes Raising Penalties to Improve Construction Zone Safety
Oct 18 2013 // A bill proposed by two state senators would increase fines and jail time for driving violations in construction zones in South Carolina. “It’s common sense to take these extra steps for safety,” Sen. Paul...
States Going After Employers Who Misclassify Workers as Independent Contractors
Oct 18 2013 // When construction slowed during the recession, some companies hired workers and wrongly designated them as independent contractors to avoid paying insurance, taxes, fair wages and overtime. Danny Odom, chief operating...
ACE Construction Practice Launches Catastrophe Services Through ESIS
Oct 18 2013 // ACE USA has launched catastrophe claims servicing capabilities specifically designed for the construction industry through ESIS Inc., a risk management services company owned by the ACE Group. The new offerings provide an...
2nd Worker Dies At 49ers Stadium Construction Site In California
Oct 16 2013 // All work has stopped at the new $1.2 billion San Francisco 49ers showcase stadium while police, firefighters and state workplace safety officials investigate a second deadly workplace accident there in less than four...
