Latest Contractors Headlines
All the headlines from our Contractors Topic Page, ordered by recency.
By Michael Foster
Sep 4 2006 // Understanding the surety process The surety underwriting process is often looked upon with disdain by insurance agents. It is frequently considered to be a futile exercise wrought with frustration, delays and...
Navigating Washington’s business and occupation tax tangle
Sep 4 2006 // Washington State’s current business and occupation (B&O) tax laws operate under a unique structure that can confuse even the most astute insurance agent or company. Harbored within this structure is the question...
Size up subsidence and earth movement exclusions
Sep 4 2006 // More than a decade ago, law firms specializing in construct defect litigation sprang up in California and the West. Construction defect cases in the building industry became all too common, and construction insurance...
National Contractors Ins. Co. – Making GL Insurance Affordable for General & Artisan Contractors
Aug 31 2006 // National Contractors Insurance Company, Inc., a Risk Retention Group (NCIC) specializes in general liability insurance for the licensed general and artisan contractor. Minimum Premium for most artesian classes and markets...
San Diego Contractor Ordered to Pay $475,000 to State Fund
Aug 30 2006 // San Diego Superior Court Judge David Danielsen has ordered the owner of a San Diego area construction company to pay $475,563 in restitution to the State Compensation Insurance Fund as part of his sentence for committing...
Abacus Offers Online Contractors Equipment Floater Program
Aug 25 2006 // Abacus Insurance Brokers, Inc., a Los Angeles-based retail and wholesale insurance brokerage that distributes traditional and specialty insurance products online through the Abacus Program Management Platform (APM), is now...
San Diego Contractor to Pay State Fund $456,000
Aug 24 2006 // San Diego Superior Court Judge Timothy Walsh has ordered the owner of a San Diego construction company to pay $456,061 in restitution to California’s State Compensation Insurance Fund in a workers’ compensation...
S.C. High Court Rules State Responsible fro Contractors’ Work
Aug 22 2006 // The South Carolina Supreme Court has reversed a lower court decision, ruling that the state is still responsible for providing reasonable care to patients even when it contracts work out to private vendors. In 1997,...
Southwest Risk Adds Proprietary Crane/Heavy Construction Program
Aug 21 2006 // Texas-based Southwest Risk announced its appointment as the exclusive wholesale broker in the Southwest for a new crane and heavy construction program. The program is designed for crane/rigging and related classes. This...
Understanding real estate-related risks
Aug 7 2006 // Throughout California and other states, there has been an incredible increase in the number of professionals involved in or related to real estate. When thinking about real estate risks, the first to come to mind are real...
Understanding real estate-related risks
Aug 7 2006 // Throughout California and other states, there has been an incredible increase in the number of professionals involved in or related to real estate. When thinking about real estate risks, the first to come to mind are real...
AmCom Offers Contractors’ Property and Inland Marine Coverage
Aug 4 2006 // AmCom Insurance Services Inc. in San Ramon, Calif., is offering contractor’s property and inland marine coverage in California to compliment the existing, preferred commercial auto program. The program is being...
Associated Builders and Contractors Members Receive $200,000
Aug 4 2006 // Members of Associated Builders & Contractors’ Sierra chapter received premium refunds from Builders Insurance Company as part of the workers’ comp insurer’s “retro” plan. A retrospective...
Texas AG Warns West Texans About Scams After Flooding
Aug 3 2006 // Texas Attorney General Greg Abbott warned El Pasoans and other West Texas communities to be wary of fly-by-night contractors and other scam artists who might try to take advantage of homeowners and other consumers during...
Arrowhead Adds New Standard for Specialty Contractors Package Program
Aug 3 2006 // Arrowhead General Insurance Agency Inc. has added a new standard to its specialty contractors package program. This is an ISO standard occurrence coverage form offered as an additional option to the company’s...
Arrowhead General Offers Wrapups and Conversions for General Contractors
Aug 1 2006 // Arrowhead General Insurance Agency Inc.’s Managed Insurance Programs Division is offering a new market for wrapups and conversions for general contractors and developers. The contractors wrapup program includes: *New...
Protecting residential construction risks with OCIPs
Jul 24 2006 // Residential construction throughout the country surged to an all-time high in 2005, according to the United States Commerce Department. And though economists forecasted a slowing of construction and sales activity in 2006,...
Contractor Fined in Mass. Building Collapse
Jul 21 2006 // Federal workplace safety regulators have fined a demolition contractor more than $164,000 for alleged safety violations, including numerous violations at a building collapse in Holyoke, Mass. that killed one worker and...
Two Miami Adjusters Arrested in $400,000 Hurricane Fraud Case
Jul 21 2006 // Two licensed public adjusters who fraudulently collected more than $400,000 from two insurance companies by submitting bogus contractor agreements have been arrested in Miami by detectives in the Department of Financial...
ACE USA Realigns Construction Industry Practice
Jul 19 2006 // ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, has announced that its Construction Industry Practice, formerly part of ACE Risk Management, will now become a unit of ACE Casualty Risk, and...
