Latest Contractors Headlines
All the headlines from our Contractors Topic Page, ordered by recency.
Clipping the Wings of Fly-by-Night Contractors
May 7 2012 // Approximately one year ago, on Sunday, May 22, 2011, at about 5:30 p.m., Joplin, Mo., was devastated by a massive EF 5 tornado that at times was 1 mile wide and traveled on the ground for more than 20 miles. This storm,...
Business Moves – West
May 7 2012 // SIAA Hampton, N.H.-based Strategic Insurance Agency Alliance has signed nine new members in the Western United States. The new members include: Farling Insurance Agency of Litchfield Park, Ariz. Baldrica & Company of...
Defense Contractor Settles Complaint For $36.9M
Apr 25 2012 // Defense contractor ATK Launch Systems Inc. has agreed to pay $36.9 million in cash and services to settle a whistleblower’s complaint alleging the Utah-based company sold the military dangerous and defective...
Associated General Contractors of California, Zurich Partner on Program
Apr 23 2012 // The Associated General Contractors of California (AGC-CA) and Zurich have collaborated to provide insurance services for its members. Under the agreement, Zurich in North America will provide AGC-CA members with insurance...
New Website Launched for California Contractors Insurance, Resources
Apr 12 2012 // CA-ContractorInsurance.com has been launched for California contractors to go to for information on insurance issues facing their business. The websites brings information, tips, products, and expert advice to help...
$13.6M Settlement OK’d With Nevada Freeway Contractor
Apr 5 2012 // The Nevada Board of Examiners approved a $13.6 million settlement with the contractor of the first phase of the Carson City bypass, ending a legal dispute that officials said could have cost more than three times the...
Va. DOT Contractor Pleads Guilty to Fraud, Used Uninsured Vehicles
Apr 4 2012 // A Staunton contractor accused of defrauding the Virginia Department of Transportation has pleaded guilty to commercial fraud. Thirty-two-year-old Jeffrey T. Jennings faces up to 15 years in prison. The News Leader reports...
Veteran Agents Form Atlanta Brokerage Targeting Real Estate, Construction
Mar 21 2012 // Two veteran insurance agents have joined forces to create a new Atlanta-based brokerage operation focused on insurance, benefits and surety products for the construction and real estate industries. Parker Hix and Martin H....
Investigative Unit to Target California’s Serial Labor Law Violators
Mar 19 2012 // California Labor Commissioner Julie A. Su’s aim is to send a message to the state’s underground economy. The message is that the principals of companies with shady employment practices, such as those who try to...
Indiana, Nebraska and South Dakota Pass Contractor Fraud Bills
Mar 14 2012 // The Indiana and Nebraska legislatures recently passed much needed legislation that could help protect homeowners from contractor fraud and abuse, according to the Property Casualty Insurers Association of America...
Aces Commercial Insurance Services Announces New Contractor GL Online Rate, Quote, & Bind Program
Mar 8 2012 // Costa Mesa, CA, 03/06/12 – Aces Commercial Insurance Services, a leading GA/Wholesale brokerage specializing in general liability markets, announces the launch of a new online, rate, quote, & bind program. The new...
Investigative Unit to Target California’s Serial Labor Law Violators
Feb 29 2012 // California Labor Commissioner Julie A. Su’s aim is to send a message to the state’s underground economy. The message is that the principals of companies with shady employment practices, such as those who try to...
California Independent Contractor Law May Be Liability for Agents, Brokers
Feb 20 2012 // A new California labor law designed to punish employers for misclassifying workers has broad legal language that can possibly impact insurance agents and brokers who knowingly advise clients on employee classifications to...
XL Group Launches Product for Construction Equipment
Feb 14 2012 // The marine insurance unit of XL Group has unveiled Contractor’s Equipment Coverage Solutions, a package designed to protect the equipment of general building, infrastructure and specialty contractors. “Whether...
California Independent Contractor Law May Be Liability for Agents, Brokers
Feb 7 2012 // A new California labor law designed to punish employers for misclassifying workers has broad legal language that can possibly impact insurance agents and brokers who knowingly advise clients on employee classifications to...
Florida Lawmakers Tackle Check Cashing Ties to Workers’ Comp Fraud
Feb 1 2012 // Florida lawmakers are looking to give regulators and law enforcement officials more flexibility to investigate check cashing companies that may be facilitating fraud in the construction industry. The House Subcommittee on...
Contractor Charged With Wage Theft, Other Charges
Jan 31 2012 // A painting contractor who had a number of contracts to work on San Francisco city and school projects is facing charges that she cheated her employees out of more than $600,000 in wages. Frances Ann Doherty was charged...
Pioneer General Insurance, American Contractors Indemnity Merge
Jan 16 2012 // Houston-based HCC Insurance Holdings Inc. announced the merger of Pioneer General Insurance Co. (PGIC) with and into American Contractors Indemnity Co. (ACIC), both of which are wholly owned subsidiaries of HCC. The merger...
The Construction Market Evolution
Jan 9 2012 // Henry Ford once said that his customers could order his Model T cars in whatever color the customer wanted, as long as it was black! For many years, the relationship between contractors and their insurance company seemed...
Schinnerer Launches E&O Policy for Artisan Contractors
Jan 3 2012 // Victor O. Schinnerer has created a new errors and omissions product for artisan contractors that includes coverage for faulty workmanship. “We want to offer our artisan contractor policyholders an insurance solution...