Latest Construction Headlines
All the headlines from our Construction Topic Page, ordered by recency.
Distressed and Vacant Properties Fill a Void for Insurers
Sep 6 2010 // The vacant and distressed property segment, which was barely thought of two years ago, has been a beacon of light for insurers. This class has boomed in the past couple of years as the economy has forced the closure of...
Fireman’s Fund Expands Green Insurance to Educational Institutions
Aug 31 2010 // Fireman’s Fund Insurance Co. is broadening its commercial green insurance appetite to include public and private schools, colleges and universities, and trade and vocational schools. With Green-Gard commercial...
New Jersey Court: Construction Worker Can Sue Employer
Aug 31 2010 // New Jersey workers’ compensation laws do not prevent a construction worker injured in a trench collapse from suing his employer, a state Appeals Court has ruled. The lawsuit — which was originally dismissed by...
Marsh Appoints Johnson Construction Practice Leader in Midwest
Aug 26 2010 // Insurance broker and risk adviser Marsh has appointed John Johnson as Construction Practice leader for its Midwest West Partnership. In his new role, Johnson is responsible for new business growth and client service for...
Zurich Introduces Enhanced Professional Liability Coverage for Contractors
Aug 19 2010 // Zurich has introduced an enhanced professional liability policy aimed at mid-sized and large construction customers. “The coverage is designed for the professional exposures of a construction manager, whether offered...
2010 Education & Training Directory
Aug 16 2010 // Insurance Journal is pleased to publish the 2010 Education and Training Directory. This exclusive resource directory has been designed to help independent agents and brokers find educational and training opportunities to...
Lockton Adds 4 Execs to D.C. Construction Practice
Aug 13 2010 // Insurance broker Lockton Cos. has expanded its Construction Services Group with the addition of four construction insurance and surety experts in its Washington, D.C. operations. Douglas A. Crowe, Jr. and Alexander N....
CNA Expands Construction Resources to Renewable Energy Contractors
Aug 5 2010 // CNA now has a Commercial Affiliation Marketing (CAM) program for renewable energy contractors. CNA’s Renewable Energy Contractors insurance program is designed for non-residential wind, solar and geothermal energy...
Schinnerer Enhances Construction Management Program
Aug 4 2010 // Victor O. Schinnerer & Company, Inc. has made two enhancements to its construction management program to better meet the needs of policyholders. Effective immediately, there is no longer a residential cap in the...
Upside of the Downside: P/C Brokers Serve Distressed Property Market
Aug 2 2010 // The vacant and distressed property segment has been a beacon of light for insurers and brokers as the economy has forced the closure of businesses and halted construction projects, resulting in a number of vacant buildings...
Distressed and Vacant Properties Fill a Void for Insurers
Aug 2 2010 // The vacant and distressed property segment, which was barely thought of two years ago, has been a beacon of light for insurers. This class has boomed in the past couple years as the economy has forced the closure of many...
Neace Lukens Opens Dayton, Ohio, Office; Grows Construction Group
Jul 29 2010 // Louisville, Ky.-based insurance broker Neace Lukens has opened a new office in Dayton, Ohio. The new office consists of two full-time employees. Michael Ward joins as vice president of its construction insurance services...
Texas Court Gives New Life to Contractual Liability Exclusion
Jul 27 2010 // Where contractors are involved, one of the most intractable problems for a carrier in negotiating and settling claims are the contract liability issues. How does a carrier identify if a contractual claim is covered? A...
Distressed and Vacant Properties Fill a Void for Insurers
Jul 22 2010 // The vacant and distressed property segment, which was barely thought of two years ago, has been a beacon of light for insurers. This class has boomed over the last couple years as the economy has forced the closure of many...
Contractual Liability Is Just That
Jul 19 2010 // Texas Court: Exclusion Precludes Coverage for Breach of Contract Where contractors are involved, one of the most intractable problems for a carrier in negotiating and settling claims are the contract liability issues. How...
Self-Employed Contractor Cannot Hold Hirer Vicariously Liable for Job Injuries
Jul 12 2010 // Property owners who hire independent contractors are not vicariously liable for on-the-job injuries to the contractor’s employees, the California Supreme Court has ruled. The state high court extended the decision in...
State Auto Western Region Reports Additions, Promotions in Texas
Jul 9 2010 // State Auto Western Region has announced the following staff additions and promotions in Texas: Steve Harmon has joined State Auto as a business insurance account executive. In this role, Harmon will have responsibility for...
Residential Contractor Umbrellas: Tough Sell in Tough Times
Jul 8 2010 // Residential construction is and has been an extremely important class of business for surplus lines insurers and agents. In recent years, however, demand for residential work in this country has dropped dramatically....
People
Jul 5 2010 // The Independent Insurance Agents of Texas (IIAT) elected David Wood, vice president and partner at Bogan, Dunlap & Wood Insurance in Odessa, to serve as the association’s president for 2010-2011. Other newly...
Construction Claims: Understanding Colorado’s Statutory Notice of Claim Process
Jul 5 2010 // In the construction industry, it is almost inevitable that at some time contractors and design professionals will receive a notice of claim (NOC) letter. This is the first step in the claims process that may lead to an...
