Latest Contractors Headlines
All the headlines from our Contractors Topic Page, ordered by recency.
Programs, Beacons of Stability in Tumultuous Markets
Aug 5 2002 // Now that the hard market has firmly set, it’s no secret that more and more standard property and casualty insurance carriers are seeking to stem losses by restricting coverage and revamping underwriting habits. As in...
Nev. Regulators May Look to Legislative Solution on Defect Litigation Costs
Jul 22 2002 // According to the Alliance of American Insurers, Nevada insurance regulators concerned about the availability of residential contractor’s liability insurance should not look to mandatory pools, but should develop a...
Excess Surplus & Specialty
Jul 22 2002 // Nuts & Bolts: Ajalon Specialty Insurance Brokers has E&S and Specialty Markets available for auto-commercial (commercial auto liabiltyÑmisc./special purpose), contractors & related, artisian contractors,...
First Notice Systems, ptc-NET Form Alliance for Streamlining Property Claims
Jul 16 2002 // First Notice Systems, a provider in claim reporting solutions to the industry, and Alacrity Services’ ptc-NET managed contractor network, a structural loss estimating service and direct repair program, have formed a...
New Market: Excess Surplus and Specialty
Jul 11 2002 // Ajalon Specialty Insurance Brokers has E&S and specialty markets available for auto-commercial (commercial auto liability—misc./special purpose), contractors & related, artisan contractors, contractors...
A.M. Best Raises American Contractors
Jul 8 2002 // A.M. Best raised Dallas-based American Contractors Insurance Group’s (ACIG) financial strength rating from “A-” to “A.” The rating was based on the financial condition and performance of all...
A.M. Best Raises American Contractors
Jun 13 2002 // A.M. Best has raised Dallas-based American Contractors Insurance Group’s (ACIG) financial strength rating from “A-” to “A.” A.M. Best based the rating on the financial condition and...
Insurers & Contractors Trying to Nail DownProper Coverage
Jun 10 2002 // If you’re placing coverage for contractors, there are three factors that determine what obstacles you will encounter: location, location, location. The real question is whether it will stay that way or whether...
NBIS Contracts Program to Build Upon
Jun 10 2002 // From mold to construction defects, contractors and those who insure them can run into a mound of claims when building. One company who has stepped in to construct a program for contractors is Nevada-based National Builders...
Fake Stucco Trouble: EIFS Related Claims Constrict CGL Markets
Jun 10 2002 // Mold may be getting all the attention at the moment as a major threat to insurers, at least in Texas and California, but another problem has wreaked havoc for homeowners, carriers, and contractors nationwide for several...
Insurers & Contractors Trying to Nail Down Proper Coverage
Jun 10 2002 // If you’re placing coverage for a client who is a contractor, there are three factors that determine what obstacles you will encounter: location, location, location. The real question, however, is whether it will stay...
Contractors Liability
May 13 2002 // Nuts & Bolts: Construction Equipment Insurance Services is offering a new general liability program for residential and commercial contractors in Texas. Coverage is with a newly formed Risk Retention Group. General...
Nev. Contractors Insurance Expands to Offer More Workers’ Comp
Apr 30 2002 // Nevada Contractors Insurance has expanded its operations to offer workers’ compensation to contractors in New Mexico. The company, which is Nevada’s second largest insurer for workers’ comp insurance,...
Wash. LnI cracks down on unregistered residential wood framers
Apr 24 2002 // The Department of Labor and Industries (L&I) has stepped up its efforts to sign up residential wood framers in the Washington workers’ compensation program, appealing to homebuilders and general contractors to...
AIA Says Colo. Bill Provides Relief from Construction Defect Lawsuits
Apr 22 2002 // A bill making its way through the Colorado House would limit the damages available for civil actions arising out of construction defects and should be enacted as quickly as possible, according to the Alliance of American...
NY Contractors Finding Coverage Hard to Obtain
Apr 17 2002 // A report by David Dickson, VP of the Professional Insurance Agents of New York, finds that the state’s contractors are finding it increasingly hard to obtain insurance coverage, even paying higher premiums. Dickson,...
InSure Vision Technologies Integrates with Bid Express
Apr 10 2002 // California-based InSure Vision Technologies (IVT) has entered into a multi-year contract with BidX.com, a web-based bidding information service, to provide integrated reporting of electronic bids to select state...
Contractors/ Construction Trades & Service
Mar 25 2002 // Nuts & Bolts: M.E. James Surplus Lines Insurance Brokerage is making available a contractors program for construction trades and service. Endorsements – damage to your work, pollution extension. Dollars: Policy...
Revolution or Evolution’ The Internet Goes Mainstream
Mar 11 2002 // The insurance industry is notoriously reluctant to change. So it was little surprise that the Internet—a tool that has the power to introduce cost-saving efficiencies into the insurance process for carriers and agents...
Revolution or Evolution’ The Internet Goes Mainstream
Mar 11 2002 // At last, the gap between potential and reality is shrinking as agents explore their online options. The insurance industry is notoriously reluctant to change. So it was little surprise that the Internet—a tool that has...
