Latest Construction Headlines
All the headlines from our Construction Topic Page, ordered by recency.
HCC Insurance Holdings Launches Construction Property Risks Division
May 31 2013 // HCC Insurance Holdings, Inc. has expanded into builder’s risk insurance with the launch of its new Construction Property Risks Division. The new division will be based in New York and be led by Francis P. Tricamo,...
Cross Insurance Hires Construction Risk Specialist in New Hampshire
May 31 2013 // Cross Insurance, an insurance brokerage and subsidiary of Bangor, Maine-based Cross Financial Corp., announced the hiring of Mike Guarino as a producer in the firm’s Manchester, N.H. office. Guarino has been in the...
Travelers Launches New Construction Pak- Builders’ Risk Product
May 20 2013 // Travelers has introduced Construction Pak – Builders’ Risk, an enhanced product to help construction projects of all sizes and types stay on schedule. From standard construction to complex undertakings such as...
TRIA Debate Heats Up with Charge ‘Nervous Nelly’ P/C Insurers Enjoy $7B ‘Subsidy’
May 20 2013 // A consumer advocacy group says the property/casualty insurance industry has been getting a sweet deal worth about $7 billion as a result of the federal government’s program to help pay terrorism insurance claims...
Quaker Special Risk Announces New Construction Manager Program
May 14 2013 // Quaker Special Risk of Eatontown, N.J. announced a new construction manager program with a combined Professional and General Liability form. This program is endorsed by the Construction Management Association of America...
TRIA Debate Heats Up with Charge ‘Nervous Nelly’ P/C Insurers Enjoy $7B ‘Subsidy’
May 9 2013 // A consumer advocacy group says the property/casualty insurance industry has been getting a sweet deal worth about $7 billion as a result of the federal government’s program to help pay terrorism insurance claims...
Willis’ Faber Exec Sees Re/Insurance Growth in Turkey
Apr 30 2013 // There is huge potential for re/insurance growth in Turkey, according to Namik Gulsun, Executive Director, EMENA at facultative and wholesale broker, Faber Global, a trading division of Willis Group Holdings. While much of...
The Horton Group Expands Construction Practice in Illinois
Apr 26 2013 // The Horton Group, based in Orland Park, Ill., has expanded its construction practice with one new hire and one promotion in its construction practice. The company added Patrick White as a sales executive and promoted Kris...
Terrorism Risk, Flood Insurance and Green Building Hot Topics for Risk Managers: RIMS
Apr 23 2013 // Renewal of the Terrorism and Risk Insurance Act (TRIA) was a much talked about topic at the annual Risk and Insurance Management Society conference on Tuesday, a four-day conference in Los Angeles, Calif., that includes...
Aspen US Forms New Marine, Energy, Construction Unit
Apr 10 2013 // Aspen Insurance, the insurance segment of Aspen Insurance Holdings Ltd., has formed a specialty marine, energy and construction unit within its US Insurance business, led by Anthony S. Carroll who has been named executive...
Bills Target Nevada’s Construction Defect Law
Apr 9 2013 // Construction defect laws intended to protect consumers have morphed into a trial lawyer’s dream and a nightmare for Nevada’s building trades, putting many out of business and sending the cost of insurance...
Conn. Issues Stop Work Orders to 27 Construction Firms for Misclassifying Workers
Apr 4 2013 // Connecticut authorities recently issued “stop work” orders to 27 firms working at construction project sites in Stamford for misclassifying workers during the period of Jan. 9 to March 14. Connecticut...
Possible Resurgence in California’s Inland Empire Interests Agents
Apr 3 2013 // Known as “the 909,” or “the IE” by Southern Californians, terms sometimes intended as a slight, the sprawling desert area east of Los Angeles was a boomtown for commercial and residential...
The Hartford Expands Construction Group
Mar 28 2013 // The Hartford has enhanced its Construction Group capabilities by bring together its underwriting, claims management and loss control facilities and adding construction underwriters in key markets across the U.S. These...
Marsh’s Mastrolia Joins Swett & Crawford Wholesale’s Construction Team
Mar 25 2013 // Swett & Crawford Wholesale has appointed Anthony “Tony” Mastrolia as executive vice president of Construction. Mastrolia brings to Swett & Crawford 35 years of experience in insurance and construction...
Top 10 Hot New Markets
Mar 25 2013 // Insurance Journal examined industries experiencing changes and expansions during the past year. Here are the top 10 market sectors that just might deliver hot opportunities for agents and brokers in the property/casualty...
Japan’s Clean-Up from 2011 Tsunami, Nuclear Accident Lagging
Mar 11 2013 // Two years after the triple calamities of earthquake, tsunami and nuclear disaster ravaged Japan’s northeastern Pacific coast, debris containing asbestos, lead, PCBs — and perhaps most worrying — radioactive waste...
Roussell Joins Mullis Newby Hurst as VP, Construction Marketing
Feb 11 2013 // Addison, Texas-based Mullis Newby Hurst LP (MNH), which specializes in construction insurance and surety bonds, has hired Raleigh Roussell as vice president of construction marketing to create new opportunities for the...
Debate Over Terrorism Insurance to Be Renewed
Feb 6 2013 // Bipartisan legislation filed yesterday in the House of Representatives promises to renew the federal terrorism reinsurance program and the debate about whether the backup program is necessary. Introduced by Reps. Michael...
How Agents Survived a Falling Housing Market
Jan 31 2013 // It has not been easy being an insurance agent specializing in the homebuilders insurance market during one of the worst economic recessions in U.S. history. Survival in the recession meant change and a lot of hard...
