Latest Construction Headlines
All the headlines from our Construction Topic Page, ordered by recency.
New Specialty Trades Program Looks to Exploit Market Opportunity
Jul 19 2004 // Litigation around the country concerning contractors’ liability for construction defects discovered after operations are completed has made coverage very difficult to come by for specialty trade contractors, but it...
Construction Defects Burning a Hole through the Residential Contractors Market
Jul 19 2004 // Whether real or imagined, the threat of construction defects litigation has burned through the residential contractors liability insurance market like a California wildfire. Over the past couple of years, contractors and...
Contractors Program Seeks to Fill Market Need
Jul 19 2004 // Litigation around the country concerning contractors’ liability for construction defects discovered after operations are completed has made coverage very difficult to come by for specialty trade contractors, but it...
California Brothers and Employee Arrested in Alleged Felony Fraud Case
Jul 14 2004 // Brothers Sam Saeid Afghani, of Agoura Hills, Calif., and Siamac A. Afghani, of Calabasas, Calif., as well as employee Renee Laws, of Encino, Calif., were to be arraigned July14 for their suspected roles in a fraud case at...
Assurex Global Re Forms Cell for Risk Management Needs for Construction Clients
Jul 14 2004 // Assurex Global Reinsurance Ltd., a captive insurance company formed by Assurex Global Partners, LLC announced the formation of a specific cell to provide critically needed risk management and insurance needs to...
Fla. Construction Company Owner Charged in Workers’ Comp Fraud Case
Jun 28 2004 // The owner of an Indian Harbor, Florida construction company has been charged with workers’ compensation fraud after jeopardizing the coverage of at least one employee, according to investigators with the Department...
Comprehensive Liability – Specialty Trade Contractors
Jun 21 2004 // Nuts & Bolts: Construction Insurance Solutions (CIS), a program brand administrator operating through program territorial managers Norman-Spencer, McKernan Agency Inc. (NSM), RISC Insurance Specialist and Arthur J....
Florida Wraps Up Workers’ Comp Compliance Sweep
Jun 20 2004 // Florida’s Chief Financial Officer Tom Gallagher announced the completion of a sweep of construction sites across Florida to verify that employers are complying with state workers’ compensation insurance...
Free OSHA Training in Residential Construction Safety Slated for June 22 in Arkansas
Jun 15 2004 // The Occupational Safety and Health Administration (OSHA) of the U.S. Department of Labor, the Arkansas Home Builders Association and the Arkansas Contractors Licensing Board are teaming up to provide a training workshop in...
One-on-One with NIIA’s President Rick Aniello
Jun 7 2004 // Medical malpractice is hot on the list of concerns for Nevada’s independent agents, and the state as a whole. With physicians leaving the state due to the lack of affordable med-mal coverage, the crisis has caught...
Paris Airport Collapse Insurance Recoveries Unclear
Jun 1 2004 // A portion of the newly constructed Terminal 2E at Paris’ Charles de Gaulle airport collapsed on Sunday May 23, killing four people, and sending shock waves throughout France. Over a week later the cause of the...
Arch’s U.K. Subsidiary Establishes New Construction and Engineering Division
May 26 2004 // Arch Capital (UK) Ltd., a subsidiary of Arch Insurance Group (U.S.), announced that it has expanded into construction and engineering insurance with the appointment of Anthony Reilly as Construction All Risks/Erection All...
Construction Liability Costs Hurt Oregon Contractors
May 18 2004 // Soaring construction liability insurance premiums are causing contractors to raise house prices and even leave the business, builders say. Insurance rates for contractors doing commercial construction also have surged, but...
State Fund Awarded $834,000 in Work Comp Fraud Case
May 14 2004 // State Compensation Insurance Fund will collect approximately $834,000 in restitution from the principals of an El Cajon-based (San Diego County) construction company. San Diego residents Milton Perry Smith and his wife,...
PCI Workshop Targets Top Causes of Construction-Related Injuries, Fatalities
May 7 2004 // Deaths from falls and accidental electrocution are the two leading causes of construction-related injuries and fatalities according to experts at the Property Casualty Insurers Association of America’s (PCI) safety...
Calif. Agent Pleads Guilty to Selling Phony Policies
May 3 2004 // California Department of Insurance (CDI) investigators are seeking additional victims in the case of a West Sacramento insurance agent/broker who sold phony policies to more than two dozen construction firms, bilking them...
Fla. Couple Nailed for $1.5 Million in Construction Contract Fraud
May 3 2004 // Attorney General Charlie Crist and Florida Department of Transportation Secretary José Abreu announced the arrest of a Central Florida couple for defrauding the state out of more than $1.5 million in road construction and...
DOZE CONSTRUCTION PLEADS GUILTY:
Apr 19 2004 // Texas Mutual Insurance Company reported that Doze Construction Co. Inc. of Gun Barrel City, Texas pleaded guilty in a Travis County District Court to workers’ compensation fraud-related charges. The company was...
1,000 Die Each Year in Highway Construction Accidents
Apr 14 2004 // Accidents in highway construction zones kill more than 1,000 people each year, and most of them are drivers, according to Federal Highway Administrator Mary Peters. “We’re asking drivers to remember that for...
Doze Construction Ordered to Pay $17K to Texas Mutual
Apr 8 2004 // Texas Mutual Insurance Company reported that Doze Construction Co. Inc. of Gun Barrel City, Texas, has pleaded guilty to workers’ compensation fraud-related charges. Judge Julie Kocurek of the 390th Travis County...
