Latest Construction Headlines
All the headlines from our Construction Topic Page, ordered by recency.
State Fund Awarded $834,000 in Work Comp Fraud Case
May 14 2004 // State Compensation Insurance Fund will collect approximately $834,000 in restitution from the principals of an El Cajon-based (San Diego County) construction company. San Diego residents Milton Perry Smith and his wife,...
PCI Workshop Targets Top Causes of Construction-Related Injuries, Fatalities
May 7 2004 // Deaths from falls and accidental electrocution are the two leading causes of construction-related injuries and fatalities according to experts at the Property Casualty Insurers Association of America’s (PCI) safety...
Calif. Agent Pleads Guilty to Selling Phony Policies
May 3 2004 // California Department of Insurance (CDI) investigators are seeking additional victims in the case of a West Sacramento insurance agent/broker who sold phony policies to more than two dozen construction firms, bilking them...
Fla. Couple Nailed for $1.5 Million in Construction Contract Fraud
May 3 2004 // Attorney General Charlie Crist and Florida Department of Transportation Secretary José Abreu announced the arrest of a Central Florida couple for defrauding the state out of more than $1.5 million in road construction and...
DOZE CONSTRUCTION PLEADS GUILTY:
Apr 19 2004 // Texas Mutual Insurance Company reported that Doze Construction Co. Inc. of Gun Barrel City, Texas pleaded guilty in a Travis County District Court to workers’ compensation fraud-related charges. The company was...
1,000 Die Each Year in Highway Construction Accidents
Apr 14 2004 // Accidents in highway construction zones kill more than 1,000 people each year, and most of them are drivers, according to Federal Highway Administrator Mary Peters. “We’re asking drivers to remember that for...
Doze Construction Ordered to Pay $17K to Texas Mutual
Apr 8 2004 // Texas Mutual Insurance Company reported that Doze Construction Co. Inc. of Gun Barrel City, Texas, has pleaded guilty to workers’ compensation fraud-related charges. Judge Julie Kocurek of the 390th Travis County...
Ten Tips to Improve a Contractor’s Surety Program
Apr 5 2004 // In today’s tight market, it’s becoming harder and harder for contractors to secure the bonds they need. Whether they are a small operation starting out, or an established leader—chances are they have found it...
Wash. L&I Suspends Registration of Contractors
Apr 5 2004 // Two Vancouver, Wash.-area construction companies and a Port Angeles contractor are the first to lose their registration as a result of action taken by the Wash. Department of Labor and Industries (L&I) for failure to...
Calif. Agent Pleads Guilty to Selling Phony Policies
Mar 18 2004 // California Department of Insurance (CDI) investigators are seeking additional victims in the case of a West Sacramento insurance agent/broker who sold phony policies to more than two dozen construction firms, bilking them...
Wash. L&I Suspends Registration of Contractors for Failure to Pay Workers’ Comp Premiums
Mar 10 2004 // Two Vancouver, Wash.-area construction companies and a Port Angeles contractor are the first to lose their registration as a result of action taken by the Wash. Department of Labor and Industries (L&I) for failure to...
San Diego ‘Underground Economy’ Case Nets Guilty Pleas
Mar 8 2004 // Two San Diego County men who owned several Southern California construction companies pleaded guilty to six felony counts, including state income tax evasion, conspiracy to file false tax returns, payroll tax evasion and...
PIACT Supports Proposed Ban on Public Project OCIP’s
Feb 25 2004 // In recent testimony before The Insurance and Real Estate Committee, the Professional Insurance Agents of Connecticut Inc. said it supports House Bill 5207, which would prohibit owner-controlled insurance programs...
Allianz GR Lead Insurer for Orinoco Bridge
Jan 26 2004 // London-based Allianz Global Risks, a unit of Germany’s Allianz AG, announced that it will act as the lead insurer for the second Orinoco River Bridge Project. At 2,140 kilometers (1285 miles), the Orinoco is South...
Cranes/Construction Equipment
Jan 12 2004 // Nuts & Bolts: CEIS Ltd. (Construction Equipment Insurance Services) announced a new “in-house” underwriting and binding facility for cranes and related construction equipment. CEIS provides an all-risks...
IBHS Congress Hears of Impact from Disasters, Mold, Recent Hard Market
Dec 9 2003 // Disasters, both natural and man-made, as well as mold, construction defect and a recent hard market have impacted the U.S. economy and the insurance industry as a whole, according to a leading property/casualty...
Mullis Newby Hurst Adds Financial Advisor Services
Nov 24 2003 // Mullis Newby Hurst LP (www.mnhins.com), a Dallas-base provider of construction surety bonds, announced it has entered into an agreement with financial adviser Kirk G. Quaschnick, to provide services to its construction...
Fla. Advises Construction Industry: Apply for New Workers’ Comp Exemptions by Nov. 30
Nov 13 2003 // Florida’s Chief Financial Officer Tom Gallagher has urged current workers’ compensation exemption-holders in the construction industry to take the necessary steps to file for a new exemption by Nov. 30. All...
Cranes/Construction Equipment
Oct 20 2003 // Nuts & Bolts: CEIS, Ltd. (Construction Equipment Insurance Services) announced a new “in-house” underwriting and binding facility for cranes and related construction equipment. CEIS provides an all-risks...
Construction Industry Gains Online Safety Training Through ABD’s Cybersure University and ClickSafety
Oct 17 2003 // ClickSafety, a Web-based health and safety risk management provider, announced a strategic partnership with ABD Insurance & Financial Services, a provider of global risk management and employee benefits solutions, to...
