Latest Construction Headlines
All the headlines from our Construction Topic Page, ordered by recency.
Deciphering the Texas Supreme Court’s Decision in Lennar v. Markel
Sep 23 2013 // When the Texas Supreme Court decides to look at controversial insurance coverage issues, you can assume that their decisions will never be boring. Such was the case in its Aug. 23 decision in Lennar Corp. v. Markel...
Typhoon Usagi Heads Toward Taiwan and China: AIR Worldwide
Sep 20 2013 // AIR Worldwide’s latest report on Typhoon Usagi describes a “Category 3 storm with maximum sustained winds of 204 km/h [127.5 mph].” It is “expected to strengthen over the coming days and could...
10 Things to Know About Residential Contractors
Sep 9 2013 // There is a key difference between an independent contractor and a subcontractor. An independent contractor relationship exists where there are two parties, such as the owner and the contractor. A subcontractor relationship...
Joplin Rebuilding Since Tornado: About $837M Spent
Sep 4 2013 // About $837 million has been spent on construction in Joplin since the May 2011 tornado, including starts on more than 1,100 new homes, according to city building permit data. The figures include construction done...
Poms Expands Northern California Office, Launches Construction Practice
Aug 26 2013 // Poms & Associates Insurance Brokers Inc. has expanded to a new 20,000-square-foot office space in Northern California and launched its construction risk practice. The new practice will offer insurance, surety bonding...
Coventry Risk Specialty Launches Pay-As-You Build Construction Program
Aug 23 2013 // Coventry Risk Specialty, an MGA focused on the construction industry, has launched a new Builders Reporting Policy (BRP) product for the construction industry. Coventry is the countrywide exclusive underwriter and will...
Markel Ventures Acquires Eagle Construction in Virginia
Aug 16 2013 // Markel Ventures Inc. and Eagle Construction of VA LLC announced that Markel has acquired Eagle Construction and its affiliated entities. The terms of the transaction were not disclosed. Markel Ventures is a Markel Corp....
Berkshire Hathaway Specialty Insurance Hires 2 Execs From Zurich, The Hartford
Aug 16 2013 // Berkshire Hathaway Specialty Insurance — the recently launched commercial P/C insurance unit of Berkshire Hathaway — announced on Thursday the appointments of Leo Carroll as senior vice president, healthcare...
Georgia Supreme Court Expands Coverage for Faulty Construction
Aug 12 2013 // Georgia’s high court has handed contractors and their clients a victory by expanding the scope of a contractor’s general liability policy so that it includes damage due to a contractor’s faulty...
Ex-Construction Firm Worker Admits Role in N.J. Insurance Fraud
Aug 7 2013 // A Florida man who worked for a now-defunct southern New Jersey construction company has admitted his role in a scheme in which he purposely damaged homes he claimed had been hit by hail. New Jersey authorities announced...
Ironshore Names Practice Leaders for Energy, Construction, Personal Lines
Jul 26 2013 // Ironshore Inc. has created a new management team to serve as industry practice leaders. These leaders will be for business lines that the company says increasingly demand new products that address distinct...
Poms Names Warren Vice President of Construction in California
Jul 22 2013 // Poms & Associates Insurance Brokers Inc. named Chris Warren in the firm’s West Los Angeles office as vice president of its construction practice. Warren more than 10 years of experience providing insurance and...
Cauti Named Senior VP of Liberty Mutual’s Construction Practice
Jul 17 2013 // Liberty Mutual Insurance’s Commercial Insurance strategic business unit has appointed Douglas Cauti as senior vice president and chief underwriting officer of its construction practice. Douglas Cauti Cauti will lead...
ACE Construction Practice Launches Healthcare Construction Project Services
Jul 9 2013 // ACE USA has launched new capabilities specifically designed for healthcare industry construction projects through ESIS, Inc., a risk management services company owned by the ACE Group. The new offerings include...
4 Workers Hurt in Texas A&M Construction Accident
Jun 27 2013 // Four workers were hurt, three critically, after a barn frame collapsed on June 22 at an $80 million Texas A&M University equestrian complex that’s under construction. The collapse happened on university property...
Oklahoma Twister Victims Face Long Recovery, Insurance Woes
Jun 20 2013 // When the big twister hit, Maylene Sorrels huddled with her students in the halls of Plaza Towers Elementary School in Moore, Okla. Cowering, she covered the student’s heads. Then Sorrels, a teacher’s aide,...
Solar Construction: Too Hot to Handle?
Jun 17 2013 // The solar construction industry has been extremely hot in recent years. Perhaps, too hot. The sector’s rapid growth has led to an oversupply of solar panels, which has turned up the heat on manufacturers to lower...
ACE Launches CPL Coverage for Healthcare Industry Construction Projects
Jun 12 2013 // ACE USA, the U.S.-based retail operations of the ACE Group, has introduced a new contractors pollution liability (CPL) owner-controlled insurance program (OCIP) for the healthcare industry. This new policy can be used to...
Alabama Changes School Construction After Storms
Jun 11 2013 // The large amount of rebar and concrete on the construction site at Hatton High is not there by accident. Instead, it represents a change in how schools are constructed in Alabama. Three years after eight students died when...
Man Dies in Texas Construction Accident
May 31 2013 // Police say a construction worker at a site in College Station, Texas has died after being pinned to the ground by two 1,500-pound, 20-feet-long shoring panels. Police say 49-year-old Armando Gonzalez of Bryan died...
