Latest Construction Headlines
All the headlines from our Construction Topic Page, ordered by recency.
Fla. Construction Owner Charged With Workers’ Comp Fraud
Feb 14 2003 // A Brevard County, Fla., construction company owner has been charged with workers’ compensation insurance fraud after investigators with the Florida Department of Financial Services made an unannounced visit to one of...
Colo. House Passes Tort Reform Measures
Feb 3 2003 // The Colorado House of Representatives voted this week to protect consumers from unjustified lawsuits, which are driving up the cost of homes, medical care and insurance. In addition, the House Business Affairs Committee...
Allianz Reconfirms New Capacity for Inherent Defects Insurance Coverage
Jan 28 2003 // Germany’s Allianz has reissued a bulletin confirming the increased capacity of its Global Risks unit available to cover faulty design, faulty material and faulty workmanship – inherent defects – for up to...
GL for Construction Industry/Roofers
Jan 13 2003 // Nuts & Bolts: American Pacific General Agency is offering a program for construction industry/roofers. Appointment only business. Dollars: Policy limits of $1,000,000. Deductibles-$2,500. Minimum premiums-$3,500 for...
Acordia of Calif. Names New VP of Construction
Dec 23 2002 // Jim Shea has joined Acordia of California as vice president of its Construction Industry Division. Shea is a surety specialist with 16 years of insurance brokerage experience. He began his insurance career as a Surety...
GL for Construction Industry/Roofers
Dec 19 2002 // Nuts & Bolts: American Pacific General Agency is offering a program for construction industry/roofers. Appointment only business. Dollars: Policy limits of $1,000,000. Deductibles of $2,500. Minimum premiums of $3,500...
N. Dak. Construction Compliance Task Force Deemed a Success, Program Will Continue
Dec 10 2002 // A report, issued jointly by North Dakota’s Workers Compensation Executive Director and CEO Brent Edison and Secretary of State Al Jaeger, indicates that the inter-agency effort, the Construction Compliance Task...
The Bluebook International Releases New Software Solution for Insurance, Construction Industries
Dec 6 2002 // The Bluebook International, Inc., a wholly-owned subsidiary of The Bluebook International Holding Company, a provider of insurance software technology, products and services for the insurance and related construction...
Mullis Newby Hurst and Watson Agency Merge
Dec 3 2002 // Dallas-based construction surety and insurance agency, Mullis Newby Hurst LP, announced a merger with Watson Agency Inc. The combined company will operate under the Mullis Newby Hurst name. “This merger gives our...
Fla. Construction Co. Head Charged with Fraud
Nov 4 2002 // The Florida Department of Insurance announced that the president of Megen Corporation is facing charges of insurance fraud, forgery, and uttering forged documents stemming from the underwriting of a construction surety...
Ohio Casualty Reports $69.9 Million Q3 Loss
Oct 31 2002 // Ohio Casualty Corporation announced a net loss of $69.9 million, or $1.14 per share, for the third quarter ended September 30, 2002, compared to net income of $44.2 million, or $.73 per share, in the same period last...
ALLEGED FRAUD IN GUN BARREL CITY
Oct 28 2002 // Texas Mutual Insurance Co. reported that a Travis County Grand Jury indicted Stan and Cynthia Doze, operators of Doze Construction Co. Inc., on a second-degree felony charge related to workers’ compensation premium...
Texas Construction Co. Indicted for Fraud
Oct 16 2002 // A Travis County (Texas) Grand Jury indicted Stan and Cynthia Doze, operators of Doze Construction Co. Inc., on a second-degree felony charge related to workers’ compensation premium fraud. The Doze Construction Co....
22nd IRMI Construction Risk Conf. to be Held in San Diego, Nov. 11-14
Oct 7 2002 // The 22nd International Risk Management Institute (IRMI) Construction Risk Conference will take place Nov. 11 through Nov. 14, 2002, in San Diego. The three-and-a-half day conference is devoted exclusively to construction,...
NEV. ESTABLISHES CONSTRUCTION LIABILITY CLEARING HOUSE
Sep 30 2002 // Nevada Commissioner Alice Molasky-Arman ordered that a “Construction Liability Clearing House” be established for the purpose of providing information on markets and availability of residential construction...
Calif. Gov. Davis Approves Measure to Give Builders Right to Repair Construction Defects
Sep 24 2002 // California Governor Gray Davis (D) has approved a measure requiring homeowners to notify builders of construction defects before they can initiate litigation, according to the American Insurance Association...
AIA Urges Calif. Gov. to Approve Measure Giving Builders the Right to Repair Construction Defects
Sep 18 2002 // The American Insurance Association (AIA) is calling upon Gov. Gray Davis (D) to sign a measure that will give California builders the right to repair construction defects. AIA says this measure will reduce the number of...
Nev. Construction Liability Task Force Formed
Sep 17 2002 // Nevada Insurance Commissioner Alice Molasky-Arman announced the formation of the Construction Liability Task Force. Molasky-Arman has charged the task force to investigate the genesis of the construction liability...
Nev. Establishes Construction Liability Clearing House
Sep 13 2002 // Nevada Commissioner Alice Molasky-Arman ordered that a “Construction Liability Clearing House” be established for the purpose of providing information on markets and availability of residential construction...
Federal Reserve Economic Survey Shows Slowing Midwest Growth
Sep 12 2002 // The most recent economic survey released by the Federal Reserve regional banks indicates a general slowing of economic growth in most Midwestern regions, with a mixture of good news and bad news and some increases in the...
