Latest Contractors Headlines
All the headlines from our Contractors Topic Page, ordered by recency.
California Completes Majestic Insurance Transfer to AmTrust
Jul 11 2011 // California Insurance Commissioner Dave Jones announced on July 8 the “successful implementation” of a court-approved rehabilitation plan for Majestic Insurance Co., a plan that has been opposed by New York...
New York City Fixes Contractor Insurance Rule
Jul 4 2011 // Insurance agents welcomed a decision that will make it easier for contractors to meet New York City’s insurance requirements. The New York City Department of Buildings has promised to modify its general liability...
Calif. Contractor Sentenced for Insurance Fraud
Jun 29 2011 // California Insurance Commissioner Dave Jones announced that Monica Mui Ung, 51, owner and president of NBC General Contractor Corp. (NBC), has entered guilty pleas in Alameda Superior court for violating section 11880 of...
Vermont Contractor Faces Workers’ Compensation Fraud Charge
Jun 28 2011 // Sentencing is scheduled for Aug. 1 for a Vermont contractor who has pleaded guilty to operating without workers’ compensation insurance. Prosecutors say Donald Bevins, of Williston, doing business as Twin City...
Delays, Financing Risks More Common for Today’s Construction Projects
Jun 27 2011 // While brokers on construction projects have historically focused primarily on owners and contractors, economic uncertainty has created a new focus area — financing entities. In addition to the usual construction risks,...
Beacon Hill Expands WC Product to Environmental Contractors, Consultants
Jun 23 2011 // PartnerOne Environmental, Beacon Hill Associates’ underwriting division, now offers workers compensation coverage to additional environmental contractors and consultants. Coverage is provided by a group of...
New York City Fixes Contractor Insurance Rule After Agents Sound Alarm
Jun 23 2011 // New York insurance agents are welcoming a decision by a New York City government agency that they say will make it easier for contractors to meet the city’s insurance requirements. The New York City Department of...
Life After Disaster: How Agents Can Help Contractors Plan Ahead to Handle a Crisis
Jun 20 2011 // With floods and tornadoes creating havoc throughout the Midwest this spring, and Japan’s earthquake and tsunami still fresh in our memories, no one has to be convinced that natural disasters have the power to destroy...
Agents Warn of Insurance Complications for New York City Contractors
Jun 20 2011 // Insurance agents are warning contractors in New York City that they may not be able to obtain increased coverage requirements called for by city regulations set to go into effect this month. Many of those new coverages are...
For Construction Projects, Delays and Financing Risks More Common as Economy and Industry Continue to Struggle
Jun 20 2011 // While brokers on construction projects have historically focused primarily on owners and contractors, economic uncertainty has created a new focus area – financing entities. In addition to the usual construction...
Environmental Insurance Market Broadens to Meet Growing Needs of Today’s Contractors
Jun 20 2011 // The insurance needs of contractors continue to become more complex as the economy works its way out of the recession. Part of that increased complexity involves a company’s environmental exposures and how it chooses...
OSHA Proposes $243K Fine for Maine Contractor
Jun 15 2011 // Federal workplace safety officials are proposing that a Lewiston, Maine roofing contractor be fined $243,000 for alleged safety violations at its work sites. The Occupational Safety and Health Administration announced the...
Oklahoma Contractor Charged With Fraud After Tornadoes
Jun 9 2011 // An Oklahoma construction contractor has been charged with taking payments to repair roofs damaged by recent tornadoes and strong storms, then failing to perform the work. Six felony counts of violating the Oklahoma...
Agents Warn of Insurance Complications for NYC Contractors
Jun 6 2011 // Insurance agents are warning contractors in New York City that they may not be able to obtain increased coverage requirements called for by city regulations set to go into effect next week. Many of those new coverages are...
Contractors Object to California’s Plan to Rehabilitate Majestic
Jun 6 2011 // Former members of the self-insured workers’ compensation program Contractors Access Program of California, which was managed by now defunct Majestic Insurance Co., have filed a formal objection to the California...
XL Environmental Releases Indemnity Coverage for Mid-Sized Contractors
Jun 2 2011 // XL Insurance, the global underwriting operations of XL has unveiled a new contractor’s protective indemnity (CPI) coverage for the construction industry. This new coverage provides an additional layer of insurance...
Website Helps Homeowners Manage Property, Connect to Insurers, Contractors
May 26 2011 // YourHomeStuff, a community connecting website designed specifically for homeowners has launched at www.yourhomestuff.com. YourHomeStuff simplifies the process of maintaining and protecting a home, and managing family and...
Massachusetts Court Allows Workers’ Suit Against Contractor
May 24 2011 // A worker who was injured and the estate of another who died at a Massachusetts construction site can sue the contractor who oversaw the job — despite the fact the contractor’s insurer has already paid them...
Contractors Object to California Regulator’s Plan to Rehabilitate Majestic Insurance
May 20 2011 // Former members of the self-insured workers’ compensation program Contractors Access Program of California, which was managed by now defunct Majestic Insurance Co., have filed a formal objection to the California...
Wash. Agents Can File Contractors’ Proof of Insurance Online
May 17 2011 // Washington’s Department of Labor and Industries (L&I) has created an online system for insurance agents to create, cancel and reinstate general liability insurance certificates for contractors registered in the...
