Contractors - Latest Insurance News

E&O Insights: Insuring Contractors

Sep 6 2010 // Risks to Consider When Working With Contractors If you are running an agency, there is a pretty good chance you insure a contractor or two – whether they are your traditional artisan contractors or a class of...

Zurich Introduces Enhanced Professional Liability Coverage for Contractors

Aug 19 2010 // Zurich has introduced an enhanced professional liability policy aimed at mid-sized and large construction customers. “The coverage is designed for the professional exposures of a construction manager, whether offered...

BP Oil Spill Disaster Creates Some Opportunities

Aug 12 2010 // No matter which television channel or Web site you turn to, the Gulf oil spill has dominated the news. This is an environmental crisis that will affect the region’s economic capabilities and natural resources for...

Great American Launches Contractors Environmental Liability Product

Aug 5 2010 // Great American Insurance Group’s Environmental Division has expanded its product line to include a project-specific contracting services environmental liability insurance product. This product offers a streamlined...

CNA Expands Construction Resources to Renewable Energy Contractors

Aug 5 2010 // CNA now has a Commercial Affiliation Marketing (CAM) program for renewable energy contractors. CNA’s Renewable Energy Contractors insurance program is designed for non-residential wind, solar and geothermal energy...

2010: A Revolutionary Year for Truckers Insurance

Aug 2 2010 // The year 2010 might be considered revolutionary, as it is ushering in more changes for those who provide insurance for truckers than the industry has seen in a decade. Motor carriers, defined as anyone who uses a vehicle...

BP Oil Spill Disaster Creates Opportunity for Environmental Contractors’ Market

Aug 2 2010 // Key Coverage Issues for Agents to Consider When Selling Pollution Coverage No matter which television channel or Web site you turn to, the Gulf oil spill has dominated the news. This is an environmental crisis that will...

Texas Court Gives New Life to Contractual Liability Exclusion

Jul 27 2010 // Where contractors are involved, one of the most intractable problems for a carrier in negotiating and settling claims are the contract liability issues. How does a carrier identify if a contractual claim is covered? A...

Navigators Environmental Expands Coverage for New Contractor Risks

Jul 26 2010 // The Navigators Group, Inc.’s principal underwriting agency subsidiary, Navigators Management Co., Inc., has introduced the Contractor’s Environmental Risk Management (ERM) Toolkit II (“Toolkit II”),...

Queens Contractor Arrested for Workers’ Comp Fraud

Jul 20 2010 // The New York State Insurance Fund said a Queens contractor who allegedly defrauded the workers’ comp insurer of more than $150,000 in uncollected premium has been arrested. Queens contractor on grand larceny and...

Contractual Liability Is Just That

Jul 19 2010 // Texas Court: Exclusion Precludes Coverage for Breach of Contract Where contractors are involved, one of the most intractable problems for a carrier in negotiating and settling claims are the contract liability issues. How...

Truckers Insurance Headed in New Directions

Jul 19 2010 // Turns in the Road Include Recession, Court Rulings, Safety Initiatives, Coverage Forms The year 2010 might be considered revolutionary in the trucking insurance field, as it is ushering in more changes than those who...

Rescuers Find Baltimore Contractor Dead in Hole

Jul 19 2010 // Baltimore fire and rescue officials say a contractor performing work on an underground sewer line who fell into an eight- to 10-foot hole is dead. Fire department spokesman Kevin Cartwright says paramedics who responded to...

Self-Employed Contractor Cannot Hold Hirer Vicariously Liable for Job Injuries

Jul 12 2010 // Property owners who hire independent contractors are not vicariously liable for on-the-job injuries to the contractor’s employees, the California Supreme Court has ruled. The state high court extended the decision in...

Residential Contractor Umbrellas: Tough Sell in Tough Times

Jul 8 2010 // Residential construction is and has been an extremely important class of business for surplus lines insurers and agents. In recent years, however, demand for residential work in this country has dropped dramatically....

2010 a Revolutionary Year for Truckers Insurance

Jul 5 2010 // The year 2010 might be considered revolutionary, as it is ushering in more changes for those who provide insurance for truckers than the industry has seen in a decade. Motor carriers, defined as anyone who uses a vehicle...

Construction Claims: Understanding Colorado’s Statutory Notice of Claim Process

Jul 5 2010 // In the construction industry, it is almost inevitable that at some time contractors and design professionals will receive a notice of claim (NOC) letter. This is the first step in the claims process that may lead to an...

2010 A Revolutionary Year for Truckers Insurance