Latest Contractors Headlines

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

IRS, States Target Employer Abuse of Classification of Independent Contractors

Mar 7 2010 // The Internal Revenue Service and 37 states are cracking down on companies that try to trim payroll costs by illegally classifying workers as independent contractors, rather than as full employees, the Associated Press has...

IRS, States Target Employers’ Use of Independent Contractors

Mar 7 2010 // The Internal Revenue Service and 37 states are cracking down on companies that try to trim payroll costs by illegally classifying workers as independent contractors, rather than as full employees, The Associated Press has...

IRS, States Target Employer Abuse of Classification of Independent Contractors

Mar 7 2010 // The Internal Revenue Service and 37 states are cracking down on companies that try to trim payroll costs by illegally classifying workers as independent contractors, rather than as full employees, The Associated Press has...

American Safety Updates Contractor Coverage to Meet New Lead Paint Rule

Feb 26 2010 // American Safety Insurance (ASI) has updated its contractor pollution liability form to satisfy the exposure created by new regulation from the Environmental Protection Agency requiring any contractors to comply with new...

Contractor Settles with Alabama School System for $9M

Feb 22 2010 // Volkert & Associates Inc. has agreed to give the Mobile County Public School System $9 million to settle a 6-year-old lawsuit involving some schools where Volkert oversaw construction. School officials sued Volkert,...

Mississippi Court Rules on CGL Coverage for Subcontractor Work

Feb 19 2010 // A general contractor’s hiring of a subcontractor does not necessarily preclude coverage under its commercial general liability (CGL) policy for shoddy work performed by the subcontractor, Mississippi’s highest...

Travelers Construction Insurance Offers Wrap+ Fidelity and Crime

Feb 18 2010 // Travelers Construction Insurance and Travelers Bond & Financial Products have teamed together to offer the Wrap+ Fidelity and Crime coverage to the construction industry. The policy will help protect construction...

IRS, States Target Employers’ Use of Independent Contractors

Feb 16 2010 // The Internal Revenue Service and 37 states are cracking down on companies that try to trim payroll costs by illegally classifying workers as independent contractors, rather than as full employees, The Associated Press has...

Philadelphia Launches New Contractor Environmental Coverage

Feb 12 2010 // Philadelphia Insurance Cos. has expanded its environmental product offering with the addition of contractor environmental and professional coverage. The product is designed specifically to protect insureds from...

Massachusetts City Seeks $1.3M from Water Contractor

Feb 11 2010 // The city of Gloucester, Massachusetts has filed a $1.3 million insurance claim against the company that ran its drinking water system during last summer’s contamination crisis that required a nearly three-week long...

Contractor Seeks Claims for Property Damaged by Explosion

Feb 11 2010 // The mayor of the Connecticut town where a power plant was rocked by a fatal explosion says the general contractor building it is asking for property damage claims from neighbors. Middletown Mayor Sebastian Guiliano said...

ProBuilders RRG to Stop Accepting New Business

Feb 7 2010 // The ProBuilders risk retention group offering general liability insurance for builders and contractors will stop accepting new business and not renew most of its 1,800 policies as of March 1. The group program has not been...

ProBuilders RRG to Stop Accepting New Business

Feb 7 2010 // The ProBuilders risk retention group offering general liability insurance for builders and contractors will stop accepting new business and not renew most of its 1,800 policies as of March 1. According to Bill Tepe, chief...

Costamagna Appointed to Engineering Contractors Association Board

Jan 21 2010 // The Engineering Contractors Association (ECA) appointed Joe Costamagna, account executive at San Francisco’s Woodruff-Sawyer & Co., to its board of directors. Costamagna joined Woodruff-Sawyer’s...

ProBuilders Risk Retention Group for Contractors to Close

Jan 19 2010 // The ProBuilders risk retention group offering general liability insurance for builders and contractors will stop accepting new business and not renew most of its 1,800 policies as of March 1. According to Bill Tepe, chief...

Construction Specialists See Slow Recovery in 2010

Jan 10 2010 // Bright Spots for Commercial Contractors; Tough Times for Residential Market Construction insurance specialists say market improvement in 2010 for the construction industry will be slow for most sectors — even so...

Best Assigns Ratings to National Contractors Insurance Company

Jan 6 2010 // A.M. Best Co. has assigned a financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” to National Contractors Insurance Company, Inc., RRG (NCIC), which is headquartered in...

Tennessee Workers’ Comp Mandate for Contractors Remains Up In Air

Dec 6 2009 // A special legislative session to reconsider a pending change to workers’ compensation insurance requirements in Tennessee will only take place if there’s a consensus among lawmakers, according to Gov. Phil...

Subcontractors Can’t Hide from Workers’ Comp

Nov 15 2009 // Sound risk management necessitates that owners or general contractors contractually mandate workers’ compensation coverage anytime an independent contractor or subcontractor is hired to perform work on their behalf....

IRS to Audit Large Companies on Tax, Independent Contractor Issues

Nov 3 2009 // U.S. tax authorities will start to audit 6,000 randomly selected companies to focus on employment tax issues ranging from executive compensation to fringe benefits, Internal Revenue Service officials said. The audits will...