Latest Construction Headlines
All the headlines from our Construction Topic Page, ordered by recency.
Langman Joins Aon’s Construction Group for Southeast
Jun 29 2011 // Aon Risk Solutions has added David Langman as a senior vice president in its Construction Services Group in Atlanta. Langman will lead strategic efforts in the Southeast region and be responsible for targeted new client...
Delays, Financing Risks More Common for Today’s Construction Projects
Jun 27 2011 // While brokers on construction projects have historically focused primarily on owners and contractors, economic uncertainty has created a new focus area — financing entities. In addition to the usual construction risks,...
Erger and Miller Join Lockton in Kansas City
Jun 22 2011 // Kansas City, Mo.-based independent insurance broker Lockton Companies LLC has expanded its construction and design team with the addition of Karen Erger and Tom Miller. Erger joins Lockton’s Design and Construction...
Court Says Suit Can Proceed over WTC Tower Collapse
Jun 22 2011 // The Port Authority of New York and New Jersey can be sued for negligence over the collapse of a World Trade Center building in the Sept. 11 attacks in 2001, a U.S. appeals court ruled Tuesday. The agency is one of the most...
For Construction Projects, Delays and Financing Risks More Common as Economy and Industry Continue to Struggle
Jun 20 2011 // While brokers on construction projects have historically focused primarily on owners and contractors, economic uncertainty has created a new focus area – financing entities. In addition to the usual construction...
Aon Risk Solutions Construction Services Group Names White CEO
Jun 14 2011 // Aon Corp., a global provider of risk management and human resource consulting and outsourcing, announced that Kevin White, president and chief operating officer of Aon Risk Solutions’ Construction Services Group, has...
Nevada Construction Defect Reform Bill Dies in Senate
Jun 9 2011 // Proposed Nevada construction defect lawsuit reforms that were criticized as “window dressing” by the building industry died in the Senate. AB401 sponsored by Democratic Assembly Speaker John Oceguera failed on...
Willis Appoints Jurss as SVP, Professional Liability for Construction Practice
Jun 9 2011 // Willis North America named Keith Jurss as senior vice president, professional liability, Willis Construction Practice. In this role, Jurss will be responsible for leading professional resources for North America within the...
People
Jun 6 2011 // New Jersey-based New Day Underwriting Managers promoted John Heft to senior vice president and director of its real estate practice. The 20-year industry veteran joined New Day in 2006, and has developed and managed the...
Shields Named Construction Leader at William Palumbo
May 26 2011 // Central Massachusetts-based William Palumbo Insurance Agency has named William “Bill” S. Shields leader of its construction risk division. A veteran of the construction industry, Shields began his career at...
New Orleans Construction Product Supplier Settles in Chinese Drywall Suit
Apr 27 2011 // A settlement agreement has been reached with a New Orleans, La.-based supplier of tainted Chinese drywall in the multi-district litigation (MDL 2047) over the product. Interior/Exterior Building Supply L.P. and the...
Growth of Clean Tech Industry Delivers New Exposures, Opportunities
Apr 18 2011 // Backed by government policy and growing public support, demand for technology that is both clean and sustainable has increased substantially in the United States, Europe, Asia and other parts of the world over the last...
People
Apr 4 2011 // The Obama administration has officially named Illinois state insurance regulator Michael McRaith to head the new Federal Insurance Office. McRaith, currently the head of the Illinois Department of Insurance, will run the...
Growth of Clean Tech Industry Delivers New Exposures, Opportunities
Apr 4 2011 // Backed by government policy and growing public support, demand for technology that is both clean and sustainable has increased substantially in the United States, Europe, Asia and other parts of the world over the last...
South Carolina Moves Forward with Construction Defect Bill
Apr 1 2011 // Insurers in South Carolina may find themselves on the losing side over a battle to prevent construction defects from being covered under a general commercial liability (CGL) policy. The South Carolina Senate has approved a...
Marsh Expands U.S. Construction Practice
Mar 17 2011 // Marsh has appointed two veteran insurance brokers to its U.S. Construction Practice. Joining the practice are Scott Hull as Managing Director in Birmingham, Alabama, and Karen Reutter as senior vice president in...
Kentucky Condo Owners Await Ruling Over Shoddy Construction
Mar 15 2011 // A group of condominium owners in northern Kentucky is hoping a judge’s ruling will give them an opportunity to collect several million dollars from a defunct construction company they say did shoddy work on their...
RISC Opens Energy, Construction Programs to Wholesale Brokers
Feb 25 2011 // RISC, Inc.’s exclusive nationwide programs for energy and construction are now open for access by other wholesale brokers. RISC offers these specialty programs through “A” rated carriers on an admitted...
Chartis Increases Construction Project Capacity to $125 Million
Feb 24 2011 // The Chartis insurers have increased net and treaty capacity for construction projects from $100 million to $125 million from the Global Marine and Energy Property unit of its Global Marine and Energy Division. This...
Service Economy Encouraging, Obesity Discouraging for Workers’ Comp
Feb 21 2011 // I believe that one of the favorable trends impacting workers’ compensation in the decades ahead will be driven by our service based economy. There will be relatively fewer manufacturing and construction injuries for...
