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Markets/Coverages: Price Forbes Adds Construction Capacity to Cross-Class Facility
Jul 17 2025 // Price Forbes, the London-based re/insurance broker, announced the further expansion of its exclusive cross-class facility, Lectio, to include construction/builders risk coverage. Lectio will automatically follow...
Michigan Construction Company Sued for Allegedly Scamming Customers
Jul 15 2025 // Michigan Attorney General Dana Nessel announced a lawsuit against Hummingbird Construction Co., LLC and its owner, Matthew Ashline, for allegedly scamming multiple customers by accepting deposits for construction projects...
Construction Supervisor Sentenced for Obstructing Probe of Employee’s Fatal Fall
Jul 9 2025 // A Blue Point, New York man has been sentenced to one year in prison and two years of supervised release after pleading guilty to conspiracy and obstruction of an investigation into a fatal construction accident, according...
Northeast Firms to Pay $1.37M to Settle Claims of Shoddy Runway Construction
Jul 3 2025 // Contractors from Maine, Connecticut and New York will pay $1.37 million to resolve allegations concerning false claims for payment related to the rehabilitation of a Westfield-Barnes Regional Airport runway in Westfield,...
Eighth Circuit: Travelers Doesn’t Owe in Missouri Apartment Construction Delay Case
Jun 18 2025 // A real estate investment firm isn’t covered for losses of rental income and soft costs over a delayed Missouri apartment construction project after the Eighth Circuit determined the firm’s status as an...
Markets/Coverages: Marsh Launches €1B Facility for Data Center Construction Projects
Jun 16 2025 // Marsh, the insurance brokerage business of Marsh McLennan, announced the launch of Nimbus, a new insurance facility providing clients with comprehensive cover for the construction of large-scale data centers across the UK...
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