Latest Construction Headlines

All the headlines from our Construction Topic Page, ordered by recency.

Battle Over Financial Privacy Dominates Final Days of Calif. Legislative Session

Sep 5 2002 // For the second year in a row, the California Assembly defeated a measure to restrict the information flow within financial services companies, said the American Insurance Association (AIA). Privacy “Once again,...

Alliance says Calif. Liability ‘Reforms’ will Promote Construction Defect Lawsuits

Aug 29 2002 // A package of so-called “liability reform” bills that are quietly making their way toward enactment during the final hours of California’s legislative session will flood California’s already...

Travelers Furnishes New CD To Construction Clients For One-Stop Risk Management

Aug 27 2002 // Travelers Property Casualty announced a new version of its “Construction Risk Management Tool Kit” CD-ROM, designed to help improve contractor clients’ loss experience. “We believe it to be one of...

ARI Insurance Sues Walt Disney World

Aug 27 2002 // ARI Insurance Cos. Inc. filed an amended multi-million dollar lawsuit in Miami-Dade Circuit Court against the Walt Disney World Company and Sanford B. Miot, former president of Disney subsidiary Arvida Southern, to recover...

Fla. Department Clarifies who is Exempt under New Workers’ Comp Law

Aug 20 2002 // A key administrative rule has been published clarifying which tradespeople must have workers’ compensation coverage in order to work on commercial construction projects valued at $250,000 or more, according to...

Determining Mold Culpability

Aug 19 2002 // A recent article in The Cincinnati Enquirer perfectly (albeit accidentally) illustrates how vexing the toxic mold issue can be, how stridently companies and industries try to protect themselves from its consequences, and...

IRMI Calls for Gary E. Bird Horizon Award Nominees

Aug 14 2002 // International Risk Management Institute (IRMI) is seeking nominees for this year’s Gary E. Bird Horizon Award, formerly known as the Construction Risk Management Best Practices Award, to be given at the upcoming 22nd...

Determining Mold Culpability

Aug 5 2002 // A recent article in The Cincinnati Enquirer perfectly (albeit accidentally) illustrates how vexing the toxic mold issue can be, how stridently companies and industries try to protect themselves from its consequences, and...

Nev. Regulators May Look to Legislative Solution on Defect Litigation Costs

Jul 22 2002 // According to the Alliance of American Insurers, Nevada insurance regulators concerned about the availability of residential contractor’s liability insurance should not look to mandatory pools, but should develop a...

Insurers & Contractors Trying to Nail DownProper Coverage

Jun 10 2002 // If you’re placing coverage for contractors, there are three factors that determine what obstacles you will encounter: location, location, location. The real question is whether it will stay that way or whether...

Fake Stucco Trouble: EIFS Related Claims Constrict CGL Markets

Jun 10 2002 // Mold may be getting all the attention at the moment as a major threat to insurers, at least in Texas and California, but another problem has wreaked havoc for homeowners, carriers, and contractors nationwide for several...

Fake Stucco, Real Trouble: EIFS Related Claims Constrict CGL Markets

Jun 10 2002 // Mold may be getting all the attention at the moment as a major threat to insurers, at least in Texas and California, but another problem has wreaked havoc for homeowners, carriers, and contractors nationwide for several...

Insurers & Contractors Trying to Nail Down Proper Coverage

Jun 10 2002 // If you’re placing coverage for a client who is a contractor, there are three factors that determine what obstacles you will encounter: location, location, location. The real question, however, is whether it will stay...

Tough Products, Construction

Jun 10 2002 // Nuts & Bolts: CRC of Atlanta is offering a program for tough products, construction, OL&T $100,000 minimum. Brokerage business. Dollars: Policy limits of 1/2/2; $5,000 minimum deductibles; $75,000 minimum...

SIO Inducts New Members into the Tiger Trust

Jun 5 2002 // The Surety Information Office (SIO) inducted John D. Schramm, Michelle V. Orlando, Lawrence F. McMahon and Martin R. Brady, Jr. into the Tiger Trust, an honorary society of surety industry professionals who persuade...

Ariz. Enacts Law to Lessen Construction Defect Lawsuits

May 31 2002 // Arizona’s governor signed a bill recently that will establish an alternative dispute resolution procedure for certain construction defect claims, providing a modicum of relief to a beleaguered construction industry,...

AIA Says Colo. Bill Provides Relief from Construction Defect Lawsuits

Apr 22 2002 // A bill making its way through the Colorado House would limit the damages available for civil actions arising out of construction defects and should be enacted as quickly as possible, according to the Alliance of American...

NAII Says Insurers, Builders and Manufacturers Need Cooperation to Halt Construction Defect Problems

Apr 9 2002 // Builders, subcontractors, manufacturers and insurers need to work together to minimize the threat of construction defect exposures by promoting high-quality products and proven risk management techniques according to the...

Woodland, Calif. Homeowners to Purchase Flood Coverage

Apr 9 2002 // Woodland, Calif. homeowners are likely to soon receive letters from their mortgage letters requiring them to purchase homeowners insurance, according to the Sacramento Bee. The Federal Emergency Management Agency (FEMA)...

Assurex Global Adds Latin American, African, North American Partners

Apr 8 2002 // Ohio-based Assurex Global, a privately held risk management and commercial insurance brokerage group, has expanded its worldwide presence with the addition of international broker partners in Lima, Peru and Tunis, Tunisia,...