Latest Construction Headlines
All the headlines from our Construction Topic Page, ordered by recency.
Surety Survey Shows Dramatic Changes in Marketplace Over Past 10 Years
Sep 5 2005 // Grant Thornton LLP recently released the results of its Surety Credit Survey examining bond producers’ perspectives of the surety marketplace for the construction industry. The data appears to indicate a dramatic...
News Briefs
Sep 5 2005 // MASSACHUSETTS Fed Probe Firing of MassMutual CEO: Federal prosecutors are investigating the conduct that led to the firing of former MassMutual Insurance Comany chief executive Robert J. O’Connell, the company...
Surety Survey Shows Dramatic Changes in Marketplace Over Past 10 Years
Sep 5 2005 // Grant Thornton LLP recently released the results of its Surety Credit Survey examining bond producers’ perspectives of the surety marketplace for the construction industry. The data appears to indicate a dramatic...
Valuations: Educating Your Client on True Replacement Cost
Sep 5 2005 // There are two calls that an agent or broker might receive that should raise concerns; the first is a call from the IRS audit department and the other is from an insured who says, “I just had a fire.” The reason...
CONSTRUCTION FIRM SETTLES BONDS DISPUTE
Sep 5 2005 // The U.S. Justice Department said that New York, N.Y.-based Turner Construction will pay the government $6.6 million to settle allegations that it submitted false claims. The company cooperated in an investigation into...
Lemac Adds New Residential Construction Market
Aug 24 2005 // William Newton, president of Los Angeles-based Lemac & Associates announced that they have added a new market for residential contractors in California. With a Best’s rating of “A” VIII and a minimum...
Is the New “American Dream” Owning a Converted Apartment?
Aug 22 2005 // When I first heard from someone I knew that was excited about purchasing an apartment that had been “converted” into a condominium, it really piqued my curiosity. Excited? Purchased? Apartment? Converted?? I...
When Failure to Provide Fall Protection Becomes a Willful OSHA Violation
Aug 22 2005 // © 2005 ConstructionWebLinks.com Reprinted with Permission. All Rights Reserved The court rejected the contractor’s claim that it had a stringent fall protection plan, noting that the four-page, handwritten plan...
Survey: Competition, Capacity Characterize Surety Bond Market
Aug 22 2005 // Although today’s construction industry is coming out of a trench and contractors are intensifying competition by bidding low to get enough work to utilize available capacity, an increase in private sector...
Latin Agents Tackle Wind Damage Issues; Explain Confusing Condo Statutes
Aug 22 2005 // Like a hurricane rolling in from the Atlantic, a panel on hurricane insurance claims, moderated by Rudy Valdez-Diaz, a past-president of the Latin American Association of Insurance Agents, went into high-gear during the...
Is the New “American Dream” Owning a Converted Apartment?
Aug 22 2005 // When I first heard from someone I knew that was excited about purchasing an apartment that had been “converted” into a condominium, it really piqued my curiosity. Excited? Purchased? Apartment? Converted?? I...
Is the New “American Dream” Owning a Converted Apartment?
Aug 22 2005 // When I first heard from someone I knew that was excited about purchasing an apartment that had been “converted” into a condominium, it really piqued my curiosity. Excited? Purchased? Apartment? Converted?? I...
Bare market for residential
Aug 22 2005 // As construction development in the United States reaches an all time peak, with overall spending up 7.5 percent in 2005 compared to 2004, agents and brokers writing contractor business are having a tough time locating...
Ames & Gough Adds Pair of Construction and Design Firm Execs
Aug 10 2005 // Ames & Gough, an insurance broker and risk management consultant specializing in serving architects, engineers, lawyers and the managed care industry, announced the hiring of two former senior Marsh USA executives...
Charity Outings Tee-Off Nationwide
Aug 8 2005 // If you believe the stereotype, insurance adjusters love golf. When I first began working in the insurance claims industry 15 years ago, I was told a joke about the industry: Three 10-year old boys are bragging about their...
TRCC Seeks Volunteers for Warranty and Standards Advisory Committee
Aug 5 2005 // The Texas Residential Construction Commission is in the process of establishing an advisory committee to review proposed changes to the adopted warranties and building and performance standards. During the June 2005...
Valley Residents Repairing Storm Damage May Need to Have a Windstorm Inspection Done
Jul 27 2005 // In order to retain or acquire Windstorm Insurance from the Texas Windstorm Insurance Association (TWIA) residents of Texas’14 coastal counties, which include Cameron and Willacy Counties, must obtain a Windstorm...
Okla. Orders Bonding Company to Cease and Desist
Jul 27 2005 // Oklahoma Insurance Commissioner Kim Holland announced she is ordering Global Bonding to stop conducting unauthorized business involving insurance in Oklahoma. The order states the company has violated state law by...
Wash. Contractor Cited for Fraud and Safety Violations
Jul 20 2005 // In a combined effort to combat fraud and protect workers from serious injury and death, the Washington Department of Labor and Industries (L&I) has cited a Tacoma roofing contractor for workers’ compensation...
Gregg has held a number of executive positions within Liberty Mutual’s commercial insurance operations since joining the
Jul 18 2005 // OneBeacon Insurance Group, a wholly owned subsidiary of White Mountains Insurance Group Ltd., announced that Mike Miller, its current chief operating officer, has been appointed president and chief executive officer....
