Latest Contractors Headlines
All the headlines from our Contractors Topic Page, ordered by recency.
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...
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...
Building Profitability into the Commercial Auto Market
Feb 11 2002 // Like most property and casualty insurance lines, the commercial auto insurance market has witnessed rate increases over the past year and expects to see more. And, as in other lines, underwriters are scrutinizing accounts...
EEOC Sues Allstate Over Age Bias
Dec 31 2001 // Allstate Corp. has been hit with a lawsuit from the U.S. Equal Employment Opportunity Commission. The suit alleges that the company engaged in age discrimination against its agents. According to a New York Times report,...
Breaking Down Walls: Insurance Women Ascend to High-Profile Positions
Sep 24 2001 // Three women with varied backgrounds have made their mark in the insurance world and continue climbing. They have ascended in their positions with hard work, determination and a desire to assist others. Louise Canter,...
Environmental Pollution Insurance: A Fluid and Ever-changing Market
Sep 10 2001 // Environmental pollution policies – they’re not just for oil industry giants and radioactive waste depositories anymore. Even the most seemingly benign businesses may carry the risk of producing, storing or...
Coverages for Contractor’s Work In Doubt
Aug 20 2001 // The typical CGL policy provides coverage for damage resulting from an “occurrence,” but includes a number of exclusions which limit coverage for an insured’s own work. Exceptions are provided, however,...
Environmental Pollution Insurance: A Fluid and Ever-changing Market
Jul 23 2001 // Environmental pollution policies – they’re not just for oil industry giants and radioactive waste depositories anymore. Even the most seemingly benign businesses may carry the risk of producing, storing or...
Jury Sends Message to Insurance Industry in Toxic Mold Case
Jun 25 2001 // A recent jury decision should put up red flags for insurers: Take care of toxic mold claims adequately and promptly, or risk being assessed millions of dollars. That warning came in the form of a $32-million award to a...