Latest Contractors Headlines

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

Construction Coverage: Emerging Trends for 2015

Jan 12 2015 // Bolstered by a resurgent economy and renewed optimism, the construction industry is showing signs of significant growth. Payrolls are increasing, more projects are coming online and the scope of work is increasing. Ample...

How Mitigation Services Work for Contractors

Jan 12 2015 // Rick Keegan, president of the Construction Business Unit at Travelers says that construction specialists must help contractors understand that the changing labor force dynamics require proactive risk management to ensure...

Insurers Dogged by Claims of Slanted Sandy Reports

Dec 28 2014 // When Superstorm Sandy hit the East Coast, flood insurance companies working for the Federal Emergency Management Agency dispatched an army of structural engineers to do some detective work. Their assignment: Find out how...

Juror Witnesses Firsthand What the Hail Is Going on in Texas

Dec 8 2014 // Alejandro Stolarski is a United States citizen who emigrated from Mexico. Stolarski resides in Dallas County. Like hundreds of other Dallas County residents each week, Stolarski received a notice in the mail for jury duty....

Aon Web Tool Aids Contractors Working in Multiple States

Nov 18 2014 // The Construction Services Group of Aon Risk Solutions has a new web-based tool to help clients navigate the risk challenges of pursuing work in multiple geographies. The Construction Risk Portal is a single website that...

Google Targeted in Independent Contractor Classification Dispute

Nov 17 2014 // Google was sued last week by a worker who claimed the company did not pay overtime, improperly classified him as an independent contractor then terminated him after he asked for more hours to be covered under his...

10 Things to Know About Contractors & Builders

Nov 17 2014 // Some 991,000 total housing starts are forecast for 2014. That’s up 6.6 percent from 930,000 units last year. – National Association of Home Builders Single-family housing production is expected to rise 26 percent...

Insuring Infrastructure Projects in Latin America

Nov 17 2014 // With its aging infrastructure, growing population and successful bids for mega-sports events like the 2016 Summer Olympics in Brazil, Latin America is offering the construction industry billions of dollars of opportunities...

Berkshire Hathaway Specialty Adds Contractor’s, Business Crisis Cover

Nov 13 2014 // Berkshire Hathaway Specialty Insurance (BHSI) has created a Contractor’s Broad Form Coverage, which is now available to contractors with BHSI’s primary general liability practice policies. In addition, BHSI is...

XL Group Offers Pre-qualification Service for Subcontractor Default Insureds

Nov 13 2014 // XL Group’s North America Construction team has added a new pre-qualification benchmarking service for Subcontractor Default Insurance (SDI) clients to make sure contractors have the right process in place to select...

Contractors Need to Be Involved in the Claims Process, BELFOR CEO Says

Nov 3 2014 // Customer service in property claims suffers when the contractor is left out of the settlement process and policy renewals may be in jeopardy because of it. That’s the word from the top executive of one of the...

Contractors Need to Be Involved in the Claims Process, BELFOR CEO Says

Oct 27 2014 // Customer service in property claims suffers when the contractor is left out of the settlement process and policy renewals may be in jeopardy because of it. That’s the word from the top executive of one of the...

Kansas Contractors Struggle to Find Skilled Workers

Oct 24 2014 // A survey finds that many Kansas contractors are having trouble filling skilled jobs in the construction industry. Ninety percent of the 20 Kansas firms that responded to an Associated General Contractors survey said...

New Jersey Contractor Sentenced for Scamming Sandy Victims

Oct 20 2014 // A New Jersey contractor who took deposits for work that was never done at two central New Jersey homes damaged by Superstorm Sandy has been sentenced to five years in state prison. Monmouth County prosecutors say the...

Contractor to Pay Traverse City, Michigan $300K for River Damage

Oct 8 2014 // The contractor hired to remove a northern Michigan dam will pay $300,000 to resolve a lawsuit and restore a river that was damaged when the dam failed. Traverse City commissioners approved the settlement agreement on Oct....

Missouri Contractor Going to Prison for Tornado Repair Fraud

Sep 26 2014 // A southwest Missouri contractor is going to prison for stealing more than $73,000 from an elderly Joplin couple who hired him to repair their home after the May 2011 tornado. The U.S. Attorney’s office says...

Contractors and the CGL Policy’s ‘Your Product’ and ‘Your Work’ Exclusions

Sep 22 2014 // Dear Contractors: The wall you just built may not be covered by your insurance the way you think it is. This is because although the commercial general liability (CGL) policy may cover bodily injury or property damage to...

Helping Clients Through Home Renovations

Sep 22 2014 // Home renovations are in high gear these days, thanks to low interest rates on second mortgages and bank loans. But, the construction process itself is typically fraught with anxiety, given longer-than-expected timeframes...

S. Dakota Director: No Work Comp Premiums for True Independent Contractors

Sep 22 2014 // Merle Scheiber, director of South Dakota’s Insurance Division, issued a reminder to workers’ compensation insurers that bona fide independent contractors are not required to carry workers’ comp insurance...

S. Dakota Director: Don’t Charge Work Comp Premiums for Independent Contractors

Sep 9 2014 // Merle Scheiber, director of South Dakota’s Insurance Division, has issued a reminder to workers’ compensation insurers that bona fide independent contractors are not required to carry workers’ comp...