Latest Construction Headlines
All the headlines from our Construction Topic Page, ordered by recency.
New Safety Harness Rules at NYC Construction Sites
Jun 18 2008 // New York contractors will now have to submit detailed plans for worker safety harness systems at high-rise construction sites. The city’s Department of Buildings told contractors Monday about the new requirements in...
Coronado Insurance Wholesale Services Offers Construction GL Program
Jun 17 2008 // San Diego based Coronado Insurance Wholesale Services has added online features to its admitted general liability program, Freedom. Freedom online features include online quoting, underwriting, and policy issuance, ISO 12...
Push on for National Safety Standards for Cranes
Jun 16 2008 // In the wake of construction crane accidents in the past three months that claimed 11 lives, industry groups have called for nationwide safety standards. An industry council agreed on a set of standards in July 2004 but the...
People
Jun 16 2008 // Golden Eagle Insurance, a Liberty Mutual Agency Markets regional company, appointed Pete McPartland president and CEO. McPartland comes from General Casualty in Sun Prairie, Wis., where he led insurance operations for QBE...
Contractors Should Consider How They Build Their Workforce
Jun 16 2008 // Should Subcontractors Be Hired as “Employees” or Independent Contractors? Two recent events remind the insurance industry of the importance of understanding the relationship of a worker at a construction site...
Workers’ Comp Insurance Deserves Extra Caution in Construction Market
Jun 16 2008 // Move from Residential to Commercial Construction Increasing Risk Severity Following legislative reforms, the slowing economy and soft market conditions, workers’ compensation insurance carriers are eager to build...
Overlooked Heavy Construction Segment Includes Significant Small Firm Opportunity
Jun 16 2008 // Louisiana, Washington Rank High for Heavy and Civil Engineering Construction Business Within the broader construction industry sector, heavy and civil engineering construction (NAICS 237) is an often overlooked segment....
Building Commercial Construction Business in a Soft Market
Jun 16 2008 // Soft Market Emphasizes Need for Education, Communication It was the best of times, it was the worst of times.” Charles Dickens probably was not referring to the insurance industry’s soft market, when he wrote...
New York City Facing $497 Million in Claims from Crane Mishap
Jun 13 2008 // New York City has received more than $497 million of claims for personal injury, property damage and wrongful death due to a construction crane collapse on Manhattan’s East Side on March 15, the city comptroller said...
Mold: Underwriters Endorsing CGL to Remove Coverage
Jun 11 2008 // Contractors are the target of nearly 2,000 mold-related lawsuits annually according to a 2003 report from toxlaw.com. When accused or sued for injuries and damages resulting from mold, contractors look to their commercial...
Lloyd’s Analyzes Collapsing Cranes
Jun 11 2008 // Lloyd’s asks: “How safe are cranes? And will the recent spate of accidents involving them increase rates for policyholders?” A major indication of a booming construction industry is the number of cranes...
Marsh Acquires Construction Specialist Nielsen-Wurster Group
Jun 11 2008 // Marsh’s London office announced that it has acquired the assets of The Nielsen-Wurster Group’s Construction Claims & Dispute Resolution business. “As part of the transaction, more than 30...
Crane Industry Groups Push for National Standards
Jun 9 2008 // In the wake of three construction crane accidents in the past three months that claimed 11 lives, industry groups on Thursday called for nationwide safety standards. An industry council agreed on a set of standards in July...
Work to Resume at NYC Tower After Falling-Steel Mishap
Jun 6 2008 // New York City is letting interior construction resume at Goldman Sachs’ new headquarters, where a hunk of steel plunged 18 stories onto a ball field during Little League games last month. Although no one was hurt,...
Construction Worker Dies from Fall at Brooklyn Construction Site
Jun 4 2008 // New York police say a construction worker is dead after falling four stories off a scaffold in Brooklyn earlier this week. Fifty-year-old Houssain (HU’-Sain) Mosharrf (Mo-SHAR’-uf) fell at about 2:05 p.m....
After NYC Collapse, Experts Say Cranes Aren’t Tested Enough
Jun 2 2008 // The towering cranes that build America’s skyscrapers are often not properly inspected for wear, fatigue and other potentially dangerous structural problems, several construction safety experts said following a deadly...
Safety Summit Follows Deadly NYC Crane Collapse
Jun 2 2008 // New York City Buildings Department officials gathered for an emergency safety summit Saturday after the city’s second deadly crane collapse in recent weeks, while lawmakers warned of dangers in New York’s...
New York Crane Collapse Kills At Least 1
May 30 2008 // A construction crane in New York City fell and smashed into a neighboring apartment building during the morning rush hour, killing at least one person – the crane’s operator – and ripping apart much of...
CGL Extends Coverage for Injury Arising from Defective Construction
May 28 2008 // Property damage resulting from defective construction is unquestionably excluded in the commercial general liability policy; but what about bodily injury? And is injury or damage caused by the growth and proliferation of...
New York City to Hire More Buildings Inspectors
May 20 2008 // Under fire for a spate of construction accidents, the city will spend $5.3 million to hire 63 more safety inspectors, Mayor Michael Bloomberg announced Sunday. “The Buildings Department has a critical responsibility...
