Latest Construction Headlines
All the headlines from our Construction Topic Page, ordered by recency.
Quy Joins Lockton Construction Team
May 20 2008 // Lockton’s reinsurance division has appointed Michael Quy as Executive Director responsible for developing the global insurance broker’s specialist Engineering & Construction treaty reinsurance team. He...
$3M Ohio Mold Decision Kindles Coverage Questions
May 19 2008 // Insurance professionals took note recently when a Franklin County, Ohio judge awarded $3 million plus legal costs to a family whose central-Ohio home became overrun with toxic mold, presumably caused by the...
Steel Falls from Under-Construction NYC Tower into nearby Playground
May 19 2008 // New York City stopped construction on an office tower near ground zero Saturday after a chunk of steel fell 18 stories onto a ballfield where dozens of children were playing, the second accident at the site in five...
Construction Safety Reaches Crisis in New York City
May 19 2008 // A rash of accidents has killed 13 people in the last five months at construction sites across New York City, leaving builders and safety officials on edge as they look for ways to improve safety conditions for workers and...
Construction Accidents Prompt OSHA Review
May 19 2008 // A U.S. House of Representatives committee is planning a review of the Occupational Safety and Health Administration as a result of recent construction deaths in Las Vegas and other major cities. Rep. Lynn Woolsey,...
Marsh Appoints Stubbs to Construction Professional Indemnity Post
May 16 2008 // Marsh has announced the appointment of Martin Stubbs as a Senior Vice President for Construction Professional Indemnity (PI) within its Financial and Professional Services (FINPRO) Practice in London. He has over 20...
Fireman’s Fund Adds Green Coverage for Manufacturers
May 14 2008 // Fireman’s Fund’s made available a new green coverage endorsement for manufacturers that want to reduce water and energy use, and lower their overall carbon footprint. The company is offering insurance premium...
Rise in Construction Accidents Prompts Review of Federal Agency, OSHA
May 13 2008 // The leader of a House of Representatives committee said it plans to review a federal agency in charge of ensuring workplace safety this summer after recent construction deaths in Las Vegas and other major cities. Rep. Lynn...
People
May 5 2008 // Patrick G. Ryan, founder and executive chairman Aon Corp., said he intends to retire Aug. 1, 2008. Ryan said the firm’s transition to a new management team under CEO Greg Case is complete. Ryan founded Aon, which has...
Earthquake Raises Questions About Coverage, Construction Codes
May 5 2008 // Weeks after a 5.2 level earthquake rocked the Midwest from Cairo, Ill., to Atlanta, Ga., geologists and the insurance industry are still discussing the impact of the quake — such as increases in the purchase of...
Rash of NYC Construction Accidents Prompts Workers to Hold Memorial
Apr 30 2008 // Thousands gathered at St. Patrick’s Cathedral for a Mass organized by New York City construction workers to remember more than two dozen of their colleagues killed on the job in the past year. The memorial comes...
Industrial Accident in Tennessee Claims Life at Construction Site
Apr 29 2008 // Tennessee officials say a construction worker fell to his death at an Embassy Suites construction site in Murfreesboro. Rutherford County Emergency Medical Services spokesman Randy White says the incident happened around...
Earthquake Raises Questions about Coverage, Construction Codes
Apr 25 2008 // Two weeks after a 5.2 level earthquake rocked the Midwest from Cairo to Atlanta, geologists and the industry are still discussing the impact of the quake–such as increases in the purchase of earthquake...
Construction Worker Hurt in Scaffold Fall at NYC Arts Center
Apr 25 2008 // Only hours after New York City announced plans to ratchet up scrutiny of construction dangers, a construction worker was seriously hurt in a 25-foot plunge off a scaffold at Lincoln Center for the Performing Arts,...
NYC to Review Construction Safety in Wake of Fatal Accidents
Apr 25 2008 // New York City officials have ordered a $4 million review of dangerous construction activities after more than a dozen deaths this year. Less than a day after the announcement, a construction worker was seriously injured...
Liberty Mutual Unearths ‘Green’ Commercial Property Coverages
Apr 23 2008 // With green building construction starts expected to increase 400 percent in the next two years according to construction experts, Liberty Mutual Property, part of Liberty Mutual Group, has introduced a collection of...
Southeast Agents Fear Recession as Construction Woes Continue
Apr 22 2008 // Southeast insurance agents do not all agree the economy is in a recession or on the causes of the slumping economy, but they do agree the dominoes are in place that could trigger a serious economic chain reaction. Roger...
Agents in the East Find Recession Hurts Others More
Apr 22 2008 // Insurance agents across New England and the Mid-Atlantic are worried about how their customers and they will fare as the region’s economy continues to slow. “An agent’s business is a direct reflection of...
Florida Attorney General Agrees to $1.6M Settlement with Construction Firm
Apr 22 2008 // Florida Attorney General Bill McCollum announced that his office has reached a $1.6 million agreement with a Collier County construction company and its president, resolving complaints that more than 100 construction jobs...
People
Apr 21 2008 // Novato, Calif.-based Fireman’s Fund Insurance Co. named Michael LaRocco president and CEO. He will report to Chuck Kavitsky, president and CEO of Allianz of America, parent of Fireman’s Fund, and will also...
