Latest Construction Headlines
All the headlines from our Construction Topic Page, ordered by recency.
Disaster Mitigation: How Incentives Can Help
Jul 7 2014 // The frequency and cost of natural disasters in the United States has increased exponentially in the past two decades. The cost to property, life and the economy is pushing the issue to the top-of-minds for many in...
Port Authority Approves Financing Deal to Finish 3 World Trade Center Tower
Jun 26 2014 // The Port Authority of New York and New Jersey approved a financing agreement for Larry Silverstein’s 3 World Trade Center that allows him to use $159 million of insurance proceeds to expedite construction. The...
University of Alabama Researchers Show Small Changes Can Make Big Difference During Tornadoes
Jun 16 2014 // Surviving a tornado in a wood-frame residential home is enhanced by an intact roof and standing walls, but light-weight garage doors can be the weak link to allowing high winds and pressure changes into a home that can...
Construction Renovation: Property Flips and Insurance
Jun 16 2014 // The number of U.S. single family home sales attributed to flipping is on the decline but that isn’t deterring investors. Despite the percentage of flipped homes shrinking to 3.7 percent of the total homes sold, the...
Berkshire Hathaway Specialty Jumps Into Surety with Zurich’s Delisio
Jun 12 2014 // Continuing with its rapid expansion, Berkshire Hathaway Specialty Insurance is moving into the surety market, focusing on contract surety business. The company has appointed Geoff Delisio as senior vice president of...
U.S. Risk Pros Launches an Enhanced Professional Liability Program for Architects and Engineers, Construction Managers, and Design/Build Contractors
Jun 9 2014 // Dallas, TX – June 9, 2014 – U.S. Risk Insurance Group, Inc., the eighth largest managing general agency and surplus lines wholesaler in the nation, announced that U.S. Risk Pros, the Professional Liability...
Tennessee Targets Workers’ Comp Fraud in Construction Industry
Jun 6 2014 // The Tennessee Department of Labor has been expanding efforts to uncover employer fraud within the construction industry. The efforts, aided by recent legislation, will help identify employers who are paying workers under...
Robinett Joins Aon Risk Solutions in Dallas
May 28 2014 // Aon Risk Solutions, the global risk management business of Aonplc, has added Lori Robinett to its Dallas office as senior vice president and brokerage practice leader for the construction services group. Robinett will...
Minnesota Construction Industry Booms, Workers Needed
May 20 2014 // With the recession over, Minnesota construction companies are scrambling to fill open jobs. The state’s construction industry shed tens of thousands of jobs during the housing crash, but it’s booming again....
Construction Underway in Vermont to Replace Irene-Damaged State Offices
May 8 2014 // Vermont Gov. Peter Shumlin helped construction crews pour one of the first concrete footings Tuesday in what will become the new state office complex, replacing a series of buildings that became unusable after flooding...
Windsor Joins Aspen US Energy and Construction Team
May 6 2014 // Gary Windsor has joined Aspen US Insurance as senior vice president of Energy and Construction. Reporting to Tony Carroll, executive vice president, Marine, Energy, and Construction, Windsor will be based in Miami and be...
Müller to Head New Allied World Europe Onshore Construction Unit
May 2 2014 // Allied World Europe has launched an Onshore Construction insurance line of business and appointed Alf Müller as senior vice president to lead the team. He will be responsible for building the line of business and...
Construction Is Riskiest Job in Kentucky
Apr 30 2014 // Construction workers have the deadliest job in the state, according to the Kentucky Labor Cabinet. The cabinet said that since 2011, the construction industry had 21 deaths, followed by landscaping/tree services workers...
Strong M7.2 Earthquake Shakes Acapulco, Mexico City: AIR Analysis
Apr 21 2014 // According to catastrophe modeling firm AIR Worldwide, on the morning of April 18, 2014, a M7.2 earthquake struck southwestern Mexico, 37 km [23 miles] north of the municipality of Tecpán de Galeana (approximate population...
Gas Tax Causes $500M Shortfall in Oregon Transportation Funding
Apr 15 2014 // People are driving less, and their vehicles have become more fuel efficient. While those might be considered positive trends, a potential decline in gas-tax revenue is one reason the Oregon Department of Transportation...
London’s Office Boom Revives Talk of Building Tallest Skyscraper
Apr 9 2014 // A plan to build a skyscraper near Liverpool Street railway station, slated to be the tallest in the City of London, may be revived this year as rising occupancy rates in the financial district draws investors, according to...
Owners of Leaky Iowa Apartments Win Suit Against Insurer
Apr 7 2014 // An insurance company has been told to pay $12.4 million to the owners of a West Des Moines, Iowa, apartment complex that was plagued with water leaks and mold. Construction of the Westlake apartments began in 2002....
Penn. High Court Reaffirms Statutory Employer Defense
Mar 31 2014 // Pennsylvania’s Supreme Court on March 26 reaffirmed statutory employer defense in a general contractor liability case, in which a subcontractor was injured during construction work. The high court’s decision...
Owners of Leaky Iowa Apartments Win Suit Against Insurer
Mar 28 2014 // An insurance company has been told to pay $12.4 million to the owners of a West Des Moines, Iowa, apartment complex that was plagued with water leaks and mold. Construction of the Westlake apartments began in 2002....
N.Y. Scaffold Law Mischaracterized in New Study
Mar 24 2014 // New York’s construction contractors and insurance associations have been aggressive in their criticism of the state’s Labor Law 240, popularly known as the “Scaffold Law,” and have been lobbying...
