Latest Contractors Headlines
All the headlines from our Contractors Topic Page, ordered by recency.
HCC to Acquire American Contractors Indemnity Company
Dec 11 2003 // Stephen L. Way, chairman and CEO of Houston-based HCC Insurance Holdings Inc., announced that HCC reached an agreement to acquire Surety Associates Holding Co. Inc. and their subsidiary American Contractors Indemnity...
Commercial Liability Coverage Available in N.Y., But Reportedly Costly, Particularly for Contractors
Nov 10 2003 // While more costly for many New York businesses, commercial liability insurance is widely available throughout New York State, according to the New York Insurance Association (NYIA). Addressing a hearing before the New York...
Contractors Need Assistance, But NYPIUA May Not Be Answer, PIANY Tells Department
Nov 10 2003 // Professional Insurance Agents of New York State Inc. last Friday commended Superintendent Gregory Serio for addressing New York state’s diminishing market for contractors commercial liability insurance. However, the...
PIANY President to Testify at Hearings on Contractors’ Commercial Liability Coverage
Nov 7 2003 // Professional Insurance Agents of New York State Inc. President, T.J. Derella, CPIA, and president of Kingstar Co. of Kingston, N.Y. is scheduled to testify today on the need for the New York Property Insurance Underwriting...
PIANY and NYIA Hold CEO/Agency Conference
Oct 10 2003 // The Professional Insurance Agents of New York State Inc.’s inaugural Hudson Valley Regional Awareness Program, gave industry experts a chance to take part in the eighth annual CEO/Agency conference, sponsored by the...
GL for Contractors, Roofers
Oct 6 2003 // Nuts & Bolts: American Pacific General Agency Inc. has a GL market offering for contractors and roofers. Dollars: Policy limits of $1,000,000. Minimum premium of $6,500 for contractors, $10,000 for roofers....
Fla. Workers’ Comp Reforms Take Effect Oct. 1
Oct 1 2003 // Florida’s Chief Financial Officer Tom Gallagher announced that many reforms aimed at increasing the availability and affordability of workers’ compensation go into effect Oct. 1. Gallagher also noted that the...
ACE USA Creates New Construction Group
Sep 22 2003 // ACE USA announced the creation of the ACE USA Construction Group. This new construction underwriting unit will be staffed by a team of experienced construction professionals dedicated to addressing the unique insurance...
Florida Launches WC Policy Tracking Database
Sep 8 2003 // Florida’s Chief Financial Officer Tom Gallagher announced a new online database designed to send automatic electronic notification to primary contractors who sign up for the service concerning changes to a...
How do you Spell Relief’ Surplus Lines
Sep 8 2003 // Premium growth continues unabated for surplus line carriers, the insurance industry’s relief pitchers. They find themselves the beneficiaries of a standard marketplace still skittish about placing risks in lines...
How Do You Spell Relief’ Surplus Lines
Sep 8 2003 // Premium growth continues unabated for surplus line carriers, the insurance industry’s relief pitchers. They find themselves the beneficiaries of a standard marketplace still skittish about placing risks in lines...
Wash. Contractor Fined for Exposing Workers to Lead
Aug 8 2003 // The Washington Department of Labor and Industries (L&I) has cited and fined a King County contractor $148,700 for allegedly exposing workers to health hazards caused by lead exposure. Diamaco Inc. of Bellevue, Wash....
Chairty Golf Outings, Bringing People Together
Aug 4 2003 // Restoration contractors most often find themselves on the back end of a disaster—it is the essence of their job to clean, restore and help put the pieces back together after disaster strikes, whether from fire, wind or...
Contractors and Equipment Dealers
Aug 4 2003 // Nuts & Bolts: CEIS Ltd., a member of the Curley Insurance Group, has introduced a new program for Inland Marine for the construction and equipment dealer industry. The program offers several unique coverages such as...
London American Offering Contractor Markets
Jul 29 2003 // London American continues to roll out a number of diverse contractor markets for California with strong financial rated carriers. London American has an Artisan Service and Repair In-House Exclusive Program with an A+XV...
New AIG Construction Specialty to Focus on Builder & Contractors
Jul 21 2003 // Responding to the lack of availability in the construction market, AIG Excess Casualty recently introduced a new excess casualty practice for builders and contractors, AIG Construction Specialty. AIG Construction Specialty...
Contractors in Need of Relief
Jun 23 2003 // With the iffy economy and a plague of insurance problems, building contractors may feel like they’re being persecuted. Fortunately, interest rates have been hovering at historically low rates keeping residential...
Inside the Contractors Market
Jun 23 2003 // If you find placing contractors insurance these days almost as daunting as building the house, condo, apartment or other facility itself, you are not alone. A restrictive market, high minimum premiums and tighter...
New AIG Construction Specialty to Focus on Builder & Contractors
Jun 23 2003 // Responding to the lack of availability in the construction market, AIG Excess Casualty recently introduced a new excess casualty practice for builders and contractors, AIG Construction Specialty. AIG Construction Specialty...
The American Dream in California is Just That-A Dream
Jun 23 2003 // When you hear the phrase, “I want to live the American dream,” and you ask what that means, many people say that they want to own their own home where they can raise their family. Unfortunately, the dream is...
