Latest Contractors Headlines
All the headlines from our Contractors Topic Page, ordered by recency.
Atlanta Insurer Increases Environmental Surety Bond Limits
Jun 4 2008 // Atlanta-based American Safety Insurance Services Inc. increased its environmental surety bond limits to $5 million single and $10 million aggregate with no collateral requirements. ASI’s environmental surety bond...
The 2007 Numbers are in for National Contractors Insurance Company, Inc., A Risk Retention Group (NCIC)
Jun 4 2008 // Another Year of Solid Growth, With 2007 Premiums Increasing By 16.5% Over 2006 Strength and Security – Reinsured by AM Best Rated A- IX, 95:5 Quota Share After 1st $10,000 – Arguably One of the Strongest...
Poizner Deploys Fraud Investigators to ‘Summit Fire’ Zones
Jun 2 2008 // Insurance Commissioner Steve Poizner dispatched California Department of Insurance fraud investigators and staff to the Summit Fire zones near Santa Cruz, Calif. to provide assistance to survivors as they face the daunting...
Residents, Agents Pitch In as Minnesota Town Recovers from Storm
May 29 2008 // Crews in Hugo, Minn. worked to restore electricity and natural gas and insurance agents went door-to-door as this small suburb got back on its feet after the devastating storm that killed a toddler and flattened...
CGL Extends Coverage for Injury Arising from Defective Construction
May 28 2008 // Property damage resulting from defective construction is unquestionably excluded in the commercial general liability policy; but what about bodily injury? And is injury or damage caused by the growth and proliferation of...
NIP Launches Coverage for Paving Contractors
May 22 2008 // Woodbridge, N.J.-based NIP Programs, a division of NIP Group Inc., said it will now cover paving contractors as part of its SitePro insurance program for site improvement and excavation contractors. NIP Programs, which...
Washington Commissioner Seeking Contractors to Review Safeco Acquisition
May 20 2008 // Washington’s Insurance Commissioner’s Office is currently seeking proposals from consultants in the areas of accounting and legal services to review the proposed sale of Safeco Insurance Companies to Liberty...
$3M Ohio Mold Decision Kindles Coverage Questions
May 19 2008 // Insurance professionals took note recently when a Franklin County, Ohio judge awarded $3 million plus legal costs to a family whose central-Ohio home became overrun with toxic mold, presumably caused by the...
Insurers Market Private Workers’ Comp on U.S. Defense Projects
May 19 2008 // As the need for U.S. government foreign-based support personnel increases, so does the need for workers’ compensation coverage for contractors involved in U.S. funded projects. Contracts for insurers wanting to...
Defense Base Act: Doing Business Outside the Box
May 19 2008 // As the need for and presence of and U.S. government foreign-based support personnel increases, so does the need for workers’ compensation coverage for contractors involved in U.S. funded projects. As such, the...
Insurers Market Private Workers’ Comp for U.S. Defense Projects
May 19 2008 // The Defense Base Act sets forth the benefits due private sector employees injured while working overseas As the need for U.S. government foreign-based support personnel increases, so does the need for workers’...
Defense Base Act: Business Outside the Box
May 19 2008 // As the need for and presence of U.S. government foreign-based support personnel increases, so does the need for workers’ compensation coverage for contractors involved in U.S. funded projects. The opportunity to...
Defense Base Act: Doing Business Outside the Box
May 19 2008 // Dealing with wartime issues and associated complications is a major factor in doing business in far-flung hotspots. As the need for and presence of U.S. government foreign-based support personnel increases, so does the...
N.Y. County to Contractors: Prove Workers Are in U.S. Legally
May 16 2008 // A new law has been passed requiring all of Suffolk County’s (New York) 17,000 licensed contractors to prove their workers are in the United States legally. Critics claim the legislation — passed by the county...
House Panel Hits Defense Department, Insurers Over War Zone Insurance Costs
May 16 2008 // A House committee looking into defense contractors has alleged that the Department of Defense (DoD) has been lax in its management such that insurance companies providing workers’ compensation for civilian employees...
Cambridge General Adds Harvesting Contractors Program in California
May 14 2008 // Cambridge General is now accepting applications for harvesting contractors. This program was developed for fruit or vegetable contractors harvesting by hand in addition to those harvesting use farm machinery. To be...
FedEx Holder Sues Board over Contractor Classification Problems
May 12 2008 // A shareholder of FedEx Corp filed a lawsuit against the package delivery company’s board last Thursday alleging the directors exposed the company to damages by misclassifying employees as contractors. A FedEx...
National Advantage Insurance Adds Artisan/Service Contractor Market
May 5 2008 // National Advantage Insurance Services Inc. (NAIS) has added a new nonadmitted market for artisan/service contractor general liability in California. Target classes include but are limited to commercial building...
General Contractors Not Liable For Inspections, Rules Conn. High Court
May 5 2008 // A Connecticut general contractor who delegates special inspections of all steel welding work as required by the state’s building code to a subcontractor is not liable for injuries resulting from an accident that...
N.Y. Landlord Liable for Injury to Tenant’s Contractor Under ‘Strict Liability’
May 5 2008 // New York’s highest court has ruled that a Manhattan high-rise owner is liable for injuries to a tenant’s workman, even though the worker was hired without the landlord’s consent in violation of the...
