Latest Contractors Headlines
All the headlines from our Contractors Topic Page, ordered by recency.
Floridians Warned: Hire Reputable Contractors for Hurricane Cleanup
Sep 26 2005 // Florida Attorney General Charlie Crist has advised Floridians affected by Hurricane Rita to use extra caution when hiring workers to help clean up the damage caused by the storm. In particular, Crist warned those who are...
Congress Asked to Shield Volunteer Contractors from Liability
Sep 21 2005 // The U.S. House of Representatives is weighing legislation to protect contractors who respond to declared federal, state and local emergencies or disasters from lawsuits arising out of their volunteer efforts. The provision...
Sloan Mason Announces New Program for Sewer & Water Main Contractors
Sep 19 2005 // Sloan Mason is pleased to announce access to a program with an A+ XV admitted carrier, which provides WC/GL/Auto/UMB for sewer and water main contractors. These utility contractors can perform work in new tract...
Bonding Co. Sides with Contractor in Sewer Plant Dispute
Sep 6 2005 // A bonding company claims Phoenix didn’t have a proper basis to terminate a California firm that was building a $105 million sewer plant. That assessment could be a multimillion-dollar blow to Phoenix and four other...
Case Law Watch
Sep 5 2005 // Richard v. Century Sur. Co. (W.D. La. June 25, 2005) Question of fact regarding reinstatement of CGL policy: This concerns property damage incurred during Hurricane Lillie on Oct. 3, 2002. The insured made a claim under...
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...
Cancellation and Reinstatement
Sep 5 2005 // Richard v. Century Sur. Co. (W.D. La. June 25, 2005) Question of fact regarding reinstatement of CGL policy: This concerns property damage incurred during Hurricane Lillie on Oct. 3, 2002. The insured made a claim under...
News Briefs
Sep 5 2005 // Illinois CCC Settles Class-Action Suit on Total Loss Vehicle Valuation: Chicago-based claims software-maker CCC Information Services Inc. and 15 of its customers signed a settlement agreement with plaintiffs in various...
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...
