Latest Construction Headlines
All the headlines from our Construction Topic Page, ordered by recency.
Proposed New Coverages for N.Y. Export List
Aug 21 2008 // Primary and excess property insurance Contractors: Primary and excess liability coverage for general contractors, subcontractors and all construction trades for construction, building, demolition or renovation. Also Owners...
Alabama Beach Pool Offers Credits for Fortified Building
Aug 21 2008 // The Alabama Insurance Underwriting Association, or the Beach Pool, is implementing new discounts to help coastal policyholders reduce their windstorm premiums. The Beach Pool discounts will apply to homes built to the...
Willis Names Lorsung to Lead Minneapolis Construction Practice
Aug 20 2008 // Willis Group Holdings, the global insurance broker, today announced the appointment of Chris Lorsung as leader of the company’s Minneapolis commercial construction practice, effective immediately. Lorsung will retain...
OSHA Program Targets Crane Safety in South Central States
Aug 14 2008 // The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) Region VI office in Dallas announced it has established a Regional Emphasis Program (REP) covering employees in the construction...
Mass. Considering Traffic Flaggers Instead of Police at Construction Sites
Aug 14 2008 // Civilian flaggers dressed in orange safety vests could replace police officers at some roadside construction projects as early as October under regulations set to be unveiled by the Patrick administration Wednesday. Police...
New York Construction Company Fined for Worker’s Accidental Electrocution
Aug 8 2008 // A Brooklyn construction company has been fined in the electrocution of a worker earlier this year. The Occupational Safety and Health Administration issued $15,000 in fines to CKR Construction in the death of 44-year-old...
Aon Launches ‘Green Building Property Program’
Aug 7 2008 // Aon Corporation has launched the “Aon Green Building Property Program,” which it describes as the “industry’s most comprehensive insurance solution to facilitate environmentally friendly and...
Lexington Launches Public/Private Partnership Coverage
Aug 5 2008 // Lexington Insurance Company, a unit of AIG Commercial Insurance, announced the launch of “Lex P-3 Solutions SM,” which it described as offering “tailored risk management and insurance products that...
NYC Updates Construction Safety Rules
Aug 4 2008 // New York City Mayor Michael Bloomberg endorsed dozens of procedural changes to improve fire safety and coordinate oversight at construction sites, responding to the failures that led to a fatal fire last summer at a ground...
People
Aug 4 2008 // Aon Re Global named Jan-Oliver Thofern CEO and chairman of its German subsidiary, Aon Ruck. Thofern was previously a member of the company’s executive committee. He succeeds Holger Gaserow, who plans to retire at the...
High Cost of N.Y. City Construction Due to Land, Wages, Materials, Insurance
Jul 31 2008 // Construction costs in New York are far higher than in other major U.S. city due to factors ranging from hefty wages, high land prices and costly insurance, according to a survey by a trade group coalition. Costs in New...
New York Agents Support Expansion of Excess & Surplus Export List
Jul 23 2008 // Insurance agents and brokers in New York have called upon state officials to ease the rules for how agents obtain coverage for some high-risk policies. The Excess Line Association of New York has proposed adding dozens of...
Aon Construction Adds Wrap-Up Expert Resnick to N.Y. Team
Jul 22 2008 // Aon Corp. said that Richard Resnick, formerly of the Willis Construction practice, has joined Aon Construction Services Group as regional director of wrap-ups. In his new position, Resnick is responsible for providing...
Mayor Endorses Fire Safety Proposals For NYC Construction Sites
Jul 18 2008 // Mayor Michael Bloomberg on Wednesday endorsed dozens of procedural changes to improve fire safety and coordinate oversight at construction sites, responding to the failures that led to a fatal fire last summer at a ground...
Update: Construction Flaw in North Carolina Parking Deck Collapse
Jul 11 2008 // An engineering report says a construction problem more than 20 years ago caused the May collapse of a part of a parking deck in Charlotte, North Carolina. The Charlotte Observer reported July 10 the four-story parking deck...
Alabama Beach Pool Offers Insurance Breaks for Fortified Building
Jul 2 2008 // The Alabama Insurance Underwriting Association (AIUA), commonly known as the Beach Pool, is implementing new discounts to help coastal Alabama policyholders reduce their insurance premiums for windstorm coverage. The Beach...
Reagan Joins Aon Construction Group, Focusing on Europe, Asia
Jun 30 2008 // Aon Corp. reports that Mark Reagan, former chairman of the Willis Construction practice, has joined Aon Construction Services Group as managing director. Reagan will be responsible for supporting the international practice...
N.Y. City Officials Tell Congress They’re Tightening Crane Safety
Jun 26 2008 // New York City officials told Congress this week that they are tightening requirements on tower construction cranes after a spate of recent accidents there, as well as others in Las Vegas and Miami. Robert LiMandri, the...
XL Insurance Adds New Green Building Product
Jun 19 2008 // XL Insurance (“XLI”), the global insurance operations of XL Capital Ltd (NYSE:XL) , launched a new green building product to encourage customers who experience a property loss to rebuild using resource...
McCarthy to Lead Willis’ Construction, Real Estate Claims
Jun 19 2008 // Willis Group Holdings Limited appointed Gerry McCarthy as senior vice president, and regional director of construction and real estate claim teams of Willis of New York Inc. McCarthy’s responsibilities include...