Latest Contractors Headlines
All the headlines from our Contractors Topic Page, ordered by recency.
Caution: Distressed Commercial Properties
Jan 14 2011 // The American landscape is littered with partially built, financially distressed or bank owned properties. Whether they are towering condos, gleaming hotel resorts, urban mixed use or suburban office space, many of these...
Federal Audit Rips Spending for Texas’ Hurricane Ike Cleanup
Jan 10 2011 // A scathing audit by the federal Department of Homeland Security questions whether some $45 million in public money was properly spent to remove debris in the cleanup of Chambers County, one of the Southeast Texas counties...
Advice for Buyers of Distressed Construction Projects
Jan 10 2011 // Partially Built, Bank Owned, Financially Distressed Projects Pose Legal, Insurance Challenges The American landscape is littered with partially built, financially distressed or bank owned properties. Whether they are...
E&O Insights: Hotspots to Consider When Insuring Construction Risks
Jan 10 2011 // Workers’ Compensation, Certificates of Insurance, Unique Policy Language Areas of Concern Although the economy has taken its toll on the construction industry, the majority of insurance agencies probably insure a...
Federal Audit Rips Spending for Texas Hurricane Cleanup
Dec 31 2010 // A scathing audit by the federal Department of Homeland Security questions whether some $45 million in public money was properly spent to remove debris in the cleanup of Chambers County, one of the Southeast Texas counties...
Contractor’s Blow Torch Starts $2M Fire at D.C. School
Dec 28 2010 // Interim D.C. Schools Chancellor Kaya Henderson says damage to a northwest Washington school is severe after a three-alarm fire, and plans are being made to move students elsewhere when they return in January. D.C. Fire...
RLI To Acquire Contractors Bonding Insurance Co.
Dec 23 2010 // Peoria, Ill.-based RLI Corp. announcedthat it will acquire Contractors Bonding Insurance Co. (CBIC) through an acquisition of its holding company, Data and Staff Service Co. (DSS) for approximately $137 million in cash....
Sore Losers Don’t Always Win
Nov 14 2010 // Project Engineer Defeats Suit Brought by Unsuccessful Bidder The online Urban Dictionary defines a “sore loser” as “someone who loses in a fair competition but whines about it on a constant basis, blaming...
Kentucky Contractors’ Self-Insurer to Return $11 Million Dividend
Nov 4 2010 // The Kentucky Associated General Contractors Self Insurers’ Fund, a provider of workers’ compensation insurance, said it will return $11.3 million in dividends to its qualifying membership in March of 2011. The...
5 Risk Management Tips for Design Firms
Nov 1 2010 // Contracts, Emerging Risks and M&As Critical Areas to Notice As the difficult economy forces architects and engineering firms to focus their resources on keeping their firms afloat, risk management is taking a backseat....
5 Risk Management Tips for Design Firms
Nov 1 2010 // Contracts, Emerging Risks and M&As Critical Areas to Notice As the difficult economy forces architects and engineering firms to focus their resources on keeping their firms afloat, risk management is taking a backseat....
5 Risk Management Steps to Recommend to Design Firms
Nov 1 2010 // Critical Areas Include Contract Wording, M&As, Emerging Risks As the difficult economy forces architects and engineering firms to focus their resources on keeping their firms afloat, risk management is taking a...
5 Risk Management Tips for Design Firms
Nov 1 2010 // Contracts, Emerging Risks and M&As Critical Areas to Notice As the difficult economy forces architects and engineering firms to focus their resources on keeping their firms afloat, risk management is taking a backseat....
5 Risk Management Tips for Design Firms
Nov 1 2010 // Contracts, Emerging Risks and M&As Critical Areas to Notice As the difficult economy forces architects and engineering firms to focus their resources on keeping their firms afloat, risk management is taking a backseat....
New York AG Sues FedEx Over Independent Contractor Classifications
Oct 25 2010 // New York Attorney General Andrew Cuomo is suing Federal Express’ ground package delivery unit, alleging its classification of drivers as independent contractors illegally deprives them of legal protections workers...
Navigators to Offer Online Pollution Liability Coverage for Small Contractors
Oct 22 2010 // Navigators Management Co., Inc., has introduced an online platform offering pollution liability insurance for small general service and trade contractors. Agents and brokers can obtain real-time bindable quotes for...
Builder Agent Network Launches Package Policy for Artisan Contractors
Oct 15 2010 // The Builder Agent Network has expanded their offerings available to Texas home builders and general contractors to include trade contractors. Builder Agent Network (BAN) is a managing general agent for several insurance...
AmTrust Launches Contractors General Liability Program
Sep 27 2010 // AmTrust North America, a business unit of AmTrust Financial Services Inc. has formed a contractors general liability insurance program, a new underwriting classification available exclusively to licensed wholesale surplus...
PartnerOne, Berkley Environmental Launch Small Business Program
Sep 23 2010 // PartnerOne Environmental, Beacon Hill Associates’ underwriting division, has established a partnership with Berkley Environmental, a Divisional of Berkley Specialty Underwriting Managers, servicing small to middle...
Court: Government Contractor Not Immune to New Orleans Levee Suit
Sep 17 2010 // A government contractor isn’t immune from claims that it performed shoddy work that resulted in the failure of a New Orleans levee system during Hurricane Katrina, a federal appeals court has ruled. This week’s...
