Latest Construction Headlines
All the headlines from our Construction Topic Page, ordered by recency.
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...
Fla. Workers’ Comp Reforms Take Effect Oct. 1
Oct 1 2003 // Florida’s Chief Financial Officer Tom Gallagher announced that many reforms aimed at increasing the availability and affordability of workers’ compensation go into effect Oct. 1. Gallagher also noted that the...
Occupational Fatalities in Texas at an All-Time Low
Sep 22 2003 // In 2002 Texas recorded the lowest number of occupational fatalities since data collection began in 1990, according to the Texas Workers’ Compensation Commission. A total of 417 fatal occupational injuries occurred,...
ACE USA Creates New Construction Group
Sep 22 2003 // ACE USA announced the creation of the ACE USA Construction Group. This new construction underwriting unit will be staffed by a team of experienced construction professionals dedicated to addressing the unique insurance...
Willis Group Acquires St. Paul Agency
Sep 16 2003 // Brokerage giant Willis Group Holdings Ltd. announced the asset acquisition of River City Agency LLC, an agency located in St. Paul, Minn. River City is a specialized insurance broker dedicated to serving the needs of the...
Mullis Newby Hurst Promotes, Hires Account Execs.
Sep 10 2003 // Mullis Newby Hurst LP, one of the largest writers of construction surety bonds in Texas, announced two new senior account executives in its Dallas office: Jan Johnson and Benita Bradford. Both Johnson and Bradford will be...
How do you Spell Relief’ Surplus Lines
Sep 8 2003 // Premium growth continues unabated for surplus line carriers, the insurance industry’s relief pitchers. They find themselves the beneficiaries of a standard marketplace still skittish about placing risks in lines...
How Do You Spell Relief’ Surplus Lines
Sep 8 2003 // Premium growth continues unabated for surplus line carriers, the insurance industry’s relief pitchers. They find themselves the beneficiaries of a standard marketplace still skittish about placing risks in lines...
