Latest Contractors Headlines
All the headlines from our Contractors Topic Page, ordered by recency.
Surety Survey Shows Dramatic Changes in Marketplace Over Past 10 Years
Sep 5 2005 // Grant Thornton LLP recently released the results of its Surety Credit Survey examining bond producers’ perspectives of the surety marketplace for the construction industry. The data appears to indicate a dramatic...
NBIS – ProBuilders Offering Assistance to Contractors in Several Hurricane-Stricken States
Aug 31 2005 // In an effort to alleviate some of the pain that Hurricane Katrina has brought to the southeastern part of the United States, ProBuilders is offering reduced premiums to those contractors licensed and domiciled in the...
Quadrant Insurance Managers Adds Texas Location
Aug 26 2005 // Quadrant Insurance Managers, an Ohio-based MGA, announced it has opened an office in Houston, Texas — Quadrant Insurance Services LLC — to accommodate its expanding southwestern customer base. The Texas...
Fla. AG Cautions Katrina Flood Victims, Be Careful In Choosing a Contractor
Aug 26 2005 // Attorney General Charlie Crist has advised Floridians affected by Hurricane Katrina to use extra caution when hiring workers to help clean up the damage caused by the storm. In particular, the Attorney General warned those...
Lemac Adds New Residential Construction Market
Aug 24 2005 // William Newton, president of Los Angeles-based Lemac & Associates announced that they have added a new market for residential contractors in California. With a Best’s rating of “A” VIII and a minimum...
Trinity E&S Expands Artisans And Contractors Program
Aug 22 2005 // Thomas Gassen, president of Bermuda Dunes, Calif.-based Trinity E&S Insurance Services Inc., recently announced that their “Artisans and Contractors Program, currently written in California, Nevada, Arizona,...
Barometer Shows Premiums on the Decline for Contractors Market
Aug 22 2005 // MarketScout began tracking property and casualty pricing trends in 2001 in an effort to share the pricing results of insurance placements related to their 50,000 member agent network. The monthly market trends are...
Oilfield Anti-Indemnity Acts and Their Impact on Insurance Coverage: A Comparative Analysis
Aug 22 2005 // In the oilfield, operators typically enter into Master Service Agreements with various contractors who supply services and materials needed in connection with the many and varied oilfield operations. The Master Service...
Negotiating the Highs and Lows in the Oil and Gas Market
Aug 22 2005 // Everything’s negotiable. If that’s not the key operational phrase in the oil and gas sector–both in terms of oil and gas production and insuring that risk–then it comes very close. Contracts rule in...
Survey: Competition, Capacity Characterize Surety Bond Market
Aug 22 2005 // Although today’s construction industry is coming out of a trench and contractors are intensifying competition by bidding low to get enough work to utilize available capacity, an increase in private sector...
Oilfield Anti-Indemnity Acts and Their Impact on Insurance Coverage
Aug 22 2005 // In the oilfield, operators typically enter into Master Service Agreements with various contractors who supply services and materials needed in connection with the many and varied oilfield operations. The MSAs usually...
Negotiating the Highs and Lows in the Oil and Gas Market
Aug 22 2005 // Everything’s negotiable. If that’s not the key operational phrase in the oil and gas sector-both in terms of oil and gas production and insuring that risk-then it comes very close. Contracts rule in the...
Negotiating the Highs and Lows in the Oil and Gas Market
Aug 22 2005 // Everything’s negotiable. If that’s not the key operational phrase in the oil and gas sector-both in terms of oil and gas production and insuring that risk-then it comes very close. Contracts rule in the...
Oilfield Anti-Indemnity Acts and Their Impact on Insurance Coverage: A Comparative Analysis
Aug 22 2005 // In the oilfield, operators typically enter into Master Service Agreements with various contractors who supply services and materials needed in connection with the many and varied oilfield operations. The Master Service...
Bare market for residential
Aug 22 2005 // As construction development in the United States reaches an all time peak, with overall spending up 7.5 percent in 2005 compared to 2004, agents and brokers writing contractor business are having a tough time locating...
N.D. Officials Crack Down on Uninsured Contractors in Wake of July Hailstorm
Aug 16 2005 // In the aftermath of last month’s destructive hailstorms, North Dakota’s Construction Compliance Task Force has begun aggressively checking construction sites to ensure that contractors are insured and...
Charity Outings Tee-Off Nationwide
Aug 8 2005 // If you believe the stereotype, insurance adjusters love golf. When I first began working in the insurance claims industry 15 years ago, I was told a joke about the industry: Three 10-year old boys are bragging about their...
Lemac General Agency Offers Online Artisan Contractor Program
Aug 5 2005 // David Gorin, president of Lemac General Agency in Orange, California announced that Lemac producers can write Artisans online. Producers can submit an application online at www.lemacga.com, and they also have the option to...
Calif. Ordinance Requires Contractors to Reveal 19th Cent. Slave Trade Ties
Jul 25 2005 // Contractors doing business with Oakland have until Oct. 1 to disclose whether they participated in the 19th-century slave trade, under an ordinance adopted by the City Council. Companies who provide insurance, financial...
Wash. Contractor Cited for Fraud and Safety Violations
Jul 20 2005 // In a combined effort to combat fraud and protect workers from serious injury and death, the Washington Department of Labor and Industries (L&I) has cited a Tacoma roofing contractor for workers’ compensation...
