Latest Construction Headlines
All the headlines from our Construction Topic Page, ordered by recency.
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...
Conn. Supreme Court: General Contractor Not Liable for Inspections
Apr 15 2008 // A Connecticut general contractor who delegates special inspections of all steel welding work as required by the state’s building code to a subcontractor is not liable for injuries resulting from an accident that...
Storm Damage Mitigation May Lead to Discounts for La. Homeowners
Apr 8 2008 // Insurance premium discounts are available in 2008 to homeowners in Louisiana who build or retrofit a structure to comply with the requirements of the State Uniform Construction Code, install damage mitigation improvements,...
Cranes Looming Over Manhattan Pose Constant Risk
Apr 7 2008 // They are part of New York’s skyline: hundreds of spindly construction cranes like the one that toppled over the St. Patrick’s Day weekend, pulverizing parts of a city block below and killing seven people. As...
Agents in the East Find Recession Hurts Others More Than Them
Apr 7 2008 // How agents from Mass. to Virginia are faring as the economy slows, competition quickens and government changes the rules Agents across New England and the Mid-Atlantic states are worried about how they and their customers...
Southeast Agents Fear Recession as Construction Woes Continue
Apr 7 2008 // Shrinking payrolls and receipts exacerbate soft market effects of lower premiums and commissions Southeast insurance agents do not all agree the economy is in a recession or on the causes of the slumping economy, but they...
Take a P/C Soft Market, Throw in a Recession, and Stir
Apr 7 2008 // The P/C industry’s chief economist on how agents are affected when a recession coincides with a soft market The following interview with Robert Hartwig, president of the Insurance Information Institute, took place...
Legal Claim Filed in Manhattan Crane Collapse That Killed 7
Mar 26 2008 // The brother of a construction worker killed when a New York crane collapsed has filed notice that he plans to sue the city for $30 million for his brother’s wrongful death. The notice of claim filing Monday by...
Mass. Construction Worker Charged with Workers’ Compensation Fraud
Mar 25 2008 // A Brockton, Mass. man was arraigned on charges he collected over $9,000 in workers’ compensation benefits while he worked at two different jobs, according to the attorney general’s office. Officials said John...
Perjury Charge Leads to Review of New York Construction Sites
Mar 24 2008 // Officials in New York City are reviewing more than two dozen construction projects approved by a structural engineer accused of lying about inspecting a Bronx building that later collapsed and killed two...
Aon Construction Hires Karasaki to Lead Hawaii Operations
Mar 21 2008 // Aon Corp. announced that Chad Karasaki has joined Aon Construction Services Group as managing director. Karasaki, who will also serve as chairman and CEO of the Aon Honolulu office, is the latest in a series of strategic...
Hundreds of Cranes Loom Over Dense New York City, Pose Constant Risk
Mar 19 2008 // They are part of New York’s skyline: hundreds of spindly construction cranes like the one that toppled over the weekend, pulverizing parts of a city block below and killing seven people. As the machines work...
New York Rescuers Search for 3 Still Missing after Crane Collapse
Mar 18 2008 // Three people remained missing more than a day after a construction crane crashed down on a Manhattan neighborhood, killing at least four workers, injuring dozens and damaging six buildings. “There’s no sign of...
Crews Search Rubble of Manhattan Crane Collapse That Killed 4
Mar 17 2008 // Search dogs sniffed the rubble. Rescuers aimed thermal-imaging cameras and listening devices into crevices. Some pulled at bricks with their gloved hands. Crews worked through the night and into the morning Sunday, sifting...
Cavignac & Associates Appoints Construction Account Manager
Mar 12 2008 // Robin Hamilton has joined San Diego-based Cavignac & Associates as an account manager to oversee the firm’s construction-related accounts. Hamilton has 21 years of industry experience. Prior to joining Cavignac...
ACE Europe Launches Private Finance Initiative
Mar 12 2008 // ACE has announced the launch of ACE PFI (Private Finance Initiative), which it describes as a “fully integrated insurance solution providing comprehensive cover and risk management advice for all aspects of a PFI...
