Latest Contractors Headlines
All the headlines from our Contractors Topic Page, ordered by recency.
Risk retention group 2005 premium grows 11.5% to $2.4 billion
Sep 25 2006 // Despite the softening property/casualty market, commercial insureds who find liability insurance unavailable or unaffordable, as well as those who desire stability and control of their liability programs, continue to...
Berkley Launches Specialty Division for Environmental Contractors
Sep 12 2006 // W. R. Berkley Corporation announced that Berkley Specialty Underwriting Managers LLC has formed a new division that will offer specialty insurance products for environmental contractors, consultants and site specific...
Hull & Co. Offers Residential Contractors Coverage in Calif.
Sep 11 2006 // Hull & Co is offering a new custom home builders program in California. The company will entertain risks with 20 starts per year or less. Remodelers and renovations are acceptable. Occurrence or claims made and...
National Contractors Ins. Co. – Making GL Insurance Affordable for General & Artisan Contractors
Sep 8 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 To Pay Calif. State Fund $119,000
Sep 6 2006 // The owner of a San Diego area roofing company has been ordered to pay $119,000 in restitution to California’s State Compensation Insurance Fund as part of the sentencing in a workers’ compensation insurance...
Case Law Watch
Sep 4 2006 // bh:Auto Liability American Freedom Insurance Co. v. Uriostegui (Ill. App., 1st Dist., July 13, 2006) Ruling: Insured’s regular use of auto barred coverage under non-owned auto policy. The court considered whether an...
News Currents
Sep 4 2006 // News Currents One year later: Gulf Coast agents & Katrina recovery How 3 Mississippi Gulf Coast agents, their families and communities are progressing Last October, Insurance Journal spent two days in Mississippi...
Understanding real estate-related risks
Sep 4 2006 // Throughout many states in the U.S., 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...
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...
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...
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...