Latest Construction Headlines
All the headlines from our Construction Topic Page, ordered by recency.
Jury: Developer Negligence Contributed to N.J. Fire
Feb 14 2005 // Six people whose homes were destroyed by a spectacular fire nearly five years ago have been awarded more than $1 million by a Bergen County, New Jersey jury, which found that a developer’s negligence contributed to...
Aon Risk Services to Serve as Broker for Freedom Tower Construction in Lower Manhattan
Feb 1 2005 // Aon Risk Services Inc. has been appointed by World Trade Center Properties LLC, an affiliate of Silverstein Properties Inc., as broker for insurance coverage related to the construction of the Freedom Tower in Lower...
Owners, Tenants Protective
Jan 24 2005 // Nuts & Bolts: Indemnity Excess & Surplus Agency is now offering an owners and tenants protective. This product offers premises liability coverage to an owner or tenant hiring a general contractor to perform...
Broker Survey Shows 4Q Premiums Drop
Jan 24 2005 // More than 80 percent of small and large commercial property/casualty accounts and 90 percent of medium accounts found their insurance premiums either stable or down by as much as 20 percent during the fourth quarter of...
Back to the Basics
Jan 24 2005 // E&S Industry Returns to Familiar Ground Neither wind, nor rain nor the dark cloud of standard carriers returning to the marketplace will keep excess and surplus insurance writers from maintaining profitability. From...
Owner’s and Tenant’s Protective
Jan 24 2005 // Nuts & Bolts: Indemnity Excess & Surplus Agency is now offering an owner’s and tenant’s protective. This product offers premises liability coverage to an owner or tenant hiring a general contractor to...
Effect of Navy shipbuilder payments on insurance questioned
Jan 2 2005 // A Navy plan to pay Gulf Coast shipbuilders about $1.7 billion for losses related to damages and construction delays from Hurricane Katrina may overstate the actual costs and could dampen efforts to collect insurance...
Calif. Contractor Associations, Unions Form Trust to Administer Workers’ Comp Carve-Out Program
Dec 7 2004 // Northern California contractors and unions representing carpenters, laborers and operating engineers have formed a labor-management trust to administer a collectively bargained workers’ compensation carve-out...
NFIB/Construction Gets $82K Dividend from Texas Mutual Insurance
Dec 1 2004 // Texas Mutual Insurance Company announced that the National Federation of Independent Businesses (NFIB) workers’ compensation purchasing group for the construction industry earned an $82,184 dividend. It was the...
Fla. Employer of Workers Killed at July Construction Site Accident Charged with Fraud
Nov 26 2004 // The employer of two workers killed in a July construction accident on a Hobe Sound work site has been arrested and charged with workers’ compensation fraud, Florida’s Chief Financial Officer Tom Gallagher...
CONSTRUCTION DEFECT LEGISLATION DEFEATED IN COLO.:
Nov 22 2004 // Voters in Colorado Nov. 2 overwhelmingly turned back an effort to amend the state’s constitution and gut a construction defects reform measure passed by the legislature last year. In a victory for consumers and the...
Mass. Big Dig Springs Big Leaks; Hunt Commences to Pin Blame for Allegedly Faulty Construction
Nov 12 2004 // Massachusetts Attorney General Thomas F. Reilly said his office wants to know whether water accumulating on the underground roof of the Big Dig tunnels could damage the $14.6 billion roadway project, and who should be...
Construction Defect Legislation Defended by Colo. Voters Overwhelmingly
Nov 4 2004 // Voters in Colorado Nov. 2 overwhelmingly turned back an effort to amend the state’s constitution and gut a construction defects reform measure passed by the legislature last year. In a victory for consumers and the...
A Class Act: Understanding the Texas Workers’ Comp Classification System
Oct 25 2004 // Workers’ compensation is a very complicated insurance. I know. I’ve worked for Texas Mutual Insurance Company’s premium audit department for 10 years. Prior to that, I was the director of the...
Ogilvy-Hill Launches Construction Division
Oct 22 2004 // Santa Barbara, Calif.-based insurance brokerage firm Ogilvy-Hill Insurance announced the formation of a new construction division. The company has added 3 staff members to the division. Susan Shipp will serve as vice...
Fla. DFS Reminds Construction Contractors of Workers’ Comp Requirements
Oct 20 2004 // In response reportedly to hundreds of calls from homeowners and construction contractors, both in and out-of-state, concerned about Florida requirements for workers’ compensation insurance coverage, the Florida...
Vermont OSHA Probes Fatal Construction Accident
Oct 5 2004 // The state of Vermont said it will need about 10 days to investigate a construction accident that killed one man and sent a fellow worker to the hospital in Proctorsville. The Vermont Occupational Safety and Health...
Mass. Indicts ‘Big Dig’ Workers for Comp Fraud
Oct 4 2004 // Four men, including three “Big Dig” workers, were indicted last week in Massachusetts in unrelated cases for allegedly receiving workers compensation payments totaling more than $300,000 while holding down...
ACE USA Appoints N.Y.-Based Mayer to Senior VP Post to Lead Construction Practice
Sep 15 2004 // ACE USA, the U.S.-based retail operating division of The ACE Group of Companies, announced the appointment of Frank Mike-Mayer, senior vice president, to lead the ACE USA Construction Group. Based in New York City,...
Washington L&I Sees Dramatic Increase in Recovery of Unpaid Work Comp Premiums
Sep 14 2004 // Three years after it launched an initiative to level the playing field among employers in the construction industry, the Department of Labor and Industries (L&I) has seen a dramatic increase in the amount of unpaid...
